ESG

The integration of ESG criteria is an essential part of the group’s culture. Clear and transparent communication of our progress and achievements in this area is of vital importance in forging solid and lasting relationships with our investors.

ESG Strategy

ESG Strategy

As part of the integration process of Altamar and CAM, an ESG strategy is being defined which sets out the strategic mission and vision of the group in terms of ESG. Among other targets, we will strive to become an ESG leader, delivering long-term value and resilience to investors, and aligning our efforts to achieve recognition as a trusted advisor. For this, the consolidation of our ESG processes leveraging on technology will be essential. Our engagement with GPs will be strengthened as well as our involvement in ESG initiatives across the industry, broadening our expertise and learning new best practices.

ESG Organization – Governance Structure

ESG Organization – Governance Structure

AltamarCAM firmly believes that excelling in the performance of its operations through active ESG policies and integrated ESG processes applied to all its activities and departments is the best strategy to fulfill the commitment it has made to its investors and society. In order to carry out an efficient execution of ESG activities and thus reinforce this commitment, the firm has designed an ESG management model directly involving top management, in which three levels are distinguished: the ESG Committee, the ESG Steering Group and the ESG team all supported by ad hoc ESG task force teams.

UN PRI

UN PRI

Altamar Capital Partners became a signatory of the United Nations Principles for Responsible Investment (UN PRI) guidelines in 2016. Likewise, CAM Alternatives became a signatory of these guidelines in 2019. Regarding the latest PRI Transparency Report (2020), Altamar achieved an “A+” rating in all the categories reported and CAM Alternatives achieved an “A” rating in all the categories reported. We will report our common ESG strategies and policies as a group in the 2023 reporting period.

Reporting & Transparency

Reporting & Transparency

In order to promote transparency, the firm provides its investors with clear information on its ESG practices and policies through ESG reporting, as well as in the Quarterly Activity Reports, Quarterly Supervisory Committees of the Funds under management, at the Annual Investors' Meeting, and in the AltamarCAM group's Annual Report. In addition, detailed ESG information is provided to investors upon request.

ESG in the Investment Process

ESG in the Investment Process

ESG factors are considered when evaluating investment opportunities as an integral part of the investment process, from the Due Diligence to the final investment decision. Engagement with fund managers (GPs) and companies in which the firms invest in is key and their commitment with sustainability is closely monitored through an internal ex-ante ESG DD Questionnaire, an ESG scoring model and an ex-post ESG monitoring process.

ESG Awareness

ESG Awareness

To reinforce employee alignment with the lines of action defined and ESG integration at every level of the firm, AltamarCAM has defined an Annual Training Program for the team. Additionally, the group holds ESG training sessions, shares regular ESG updates in internal meetings, sends internal Quarterly ESG Newsletters, and attends events promoting sustainability, among others.

Climate Change

Climate Change

As a sustainable and responsible firm, we are committed to society and the environment. We apply energy efficiency measures in our own operations, and we calculate the Carbon Footprint with the aim of being carbon neutral. We have calculated scopes 1, 2 and reduced scope 3 (commuting and business travel) for the fiscal years 2019 and 2020 and have completely offset these emissions.

Foundation Activities

Foundation Activities

The Foundation’s programs and activities, focused on social actions in the areas of health and education, aim to make a positive impact on society and meeting the needs of the most vulnerable groups in society. Corporate volunteers take part in its various local projects.

For further details visit the following URLs:

ESG Policy

ESG Policy

Exclusion Policy

Foundation

Altamar Transparency Report

CAM Transparency Report