BaltCap was recognized with a Corporate Social Responsibility Certificate and gold level quality label in the Estonian Corporate Social Responsibility (CSR) Index 2021.
We participated in the CSR Business Index Estonia for 11th consecutive year and received the highest, gold level award for the fifth time.
The quality labels have been awarded to responsible businesses by the Estonian Responsible Business Forum for 13 years already. On 27 May, 63 companies, public organizations and non-profit associations operating in Estonia received either a bronze, silver, or gold level quality label for following sustainable business practices and leading by example.
„We are committed to building sustainable businesses and seek positive impact with each investment at BaltCap. The CSR gold level standard confirms we are on the right track, and it gives us motivation to further improve our portfolio-wide sustainability approach,” said Riin Savi, Director of Communications and Culture at BaltCap.
BaltCap has followed the policies and practices of responsible investment since establishing the first funds in 1995. Today environmental, social and governance (ESG) factors are fully integrated in our everyday operations and we are proud to have a 10-year track record of reporting our portfolio ESG performance.
The CSR Index aims at assisting companies to define, evaluate and monitor their economic, social, and environmental impact. It enables companies to receive feedback and compare their results with their peers, thus identifying the future needs for development giving ideas and inspiration.