Strong governance, risk management and a focus on sustainable development outcomes are inherent in Al Qaseer Middle East Investment’s DNA.
We have a formal Responsible Investment Policy to integrate environmental, social, and governance (“ESG”) considerations into all aspects of our business and operations. We have also formalized a Position Statement on managing ESG risks in our portfolios.
Further, we align with international standards and best practice.
Al Qaseer Middle East Investment was the first asset manager globally to obtain a Governance and Control Effectiveness rating from Sigma Ratings, the world’s first non-credit risk ratings agency. Al Qaseer Middle East Investment enjoys an A rating.
As a responsible investor, our approach is aligned with the UN Sustainable Development Goals (SDGs) which serve as a guide in our investment and business decisions.
Al Qaseer Middle East Investment is a UN PRI signatory with a score of “A”. Al Qaseer Middle East Investment supports the goals set by governments under the Paris climate agreement and the goals of the Task Force on Climate-related Financial Disclosures.
We recognize that ESG considerations can have a substantial influence on the value of our investments and on the community at large. We think about our impact in the context of tactical focus and longer-term sustainable development. Our sustainability aspirations are transparent and measurable, based on the following targets:
We are proud that our portfolio companies employ ~250,000 people (and counting).
By providing growth capital, we finance core needs: shelter, water, healthcare, mobility, connectivity.
We seek to promote gender equality by maintaining a minimum female staff representation of 25% across the firm.
For new investments, we target to constitute boards with diverse membership as follows:
Full control ≥ 33%
Minority stake ≥ 15%
We have committed to achieving net zero emissions in our portfolios by 2050, with time-bound goals in the interim.
We also expect our activities and our portfolio companies’ businesses to contribute to the following SDGs:
