Responsible Investments
Our Approach to Sustainability
The demand for sustainable and responsible investments continue to rise. As a company in the financial industry, we recognise our increasingly important role in promoting sustainable practices.
At Ress Capital, our focus is to generate attractive and predictable long-term returns for our clients, with sustainability as an integral part of our operations. We want our clients to feel confident that ethical and responsible business practices are at the forefront of our daily activities and that we are committed to enhancing our sustainability efforts. As an alternative investment manager active in the secondary market for US life insurance policies, we consider ethics a key aspect of sustainability.
SFDR Classification and Disclosures
The Regulation (EU) 2019/2088, also known as the Sustainable Finance Disclosure Regulation (SFDR), is a key regulatory framework introduced by the European Union to increase transparency on how sustainability risks are integrated into investment decisions and how financial products promote environmental and/or social characteristics. To support informed investment decisions, the regulation requires standardised disclosures on environmental, social, and governance (ESG) factors across financial market participants.
Ress Life Investments A/S, the fund managed by Ress Capital, is classified under Article 8 of the SFDR, as it promotes social characteristics. The fund does not make sustainable investments as defined in the regulation. The SFDR disclosures for Ress Life Investments A/S, including the Article 10(1) website product disclosure and other sustainability-related documentation, are available here and here, respectively.
Sustainable Organisation
Ress Capital is dedicated to creating a sustainable organisation across various dimensions of the business. As part of its employer responsibility, Ress Capital shall ensure a good organisational and social work environment and a safe and secure workplace. Processes shall also be created to stimulate our employees’ ideas and initiatives. Ress Capital also promotes equality and diversity at the workplace. The company supports and encourages its employees’ civic participation. Emphasis shall be placed on promoting the employees’ health and wellbeing.
Remuneration Policy
Ress Capital has adopted a remuneration policy with the purpose of counteracting a risk-taking that is incompatible with the risk profile, fund rules, articles of association or corresponding regulations. The remuneration policy shall promote effective risk management, which includes the management of sustainability risks.
The remuneration policy shall also be consistent with the business strategy, objectives, values and long-term interests of the Company and the managed alternative investment funds or investors in the alternative investment funds, as well as a list of measures to be taken to avoid conflicts of interest.
International Standards and Commitments
UN Principles for Responsible Investment
Since 2017, Ress Capital signed the United Nations Principles for Responsible Investments (PRI). This commitment entails integrating the six principles and reporting the outcomes annually. More information about PRI’s six principles can be found on the organisation’s website (www.unpri.org).
The principles briefly state the following:
- We will incorporate Environmental, Social and Governance (ESG) issues into investment analysis and decision-making processes
- We will be active owners and incorporate ESG issues into our ownership policies and practices.
- We will seek appropriate disclosure on ESG issues by the entities in which we invest.
- We will promote acceptance and implementation of the Principles within the investment industry.
- We will work together to enhance our effectiveness in implementing the Principles.
- We will each report on our activities and progress towards implementing the Principles.
The company also consider the following international norms and agreements:
UN Global Compact
Aims to encourage the adoption of sustainable and socially responsible policies and practices. Encompassing ten principles in the areas of human rights, environment, labor rights, and anti-corruption (www.unglobalcompact.org).
OECD Guidelines for Multinational Enterprises
Are a set of recommendations or standards for responsible business conduct, including aspects such as human rights, disclosure of information, employees, environment, bribery and anti-corruption, consumer interests, competition, etc. (www.oecd.org).
Community Engagement
We believe in giving back to the communities where we live and work. As part of our community engagement, we continuously support a range of charitable organisations and fundraising initiatives.
Resscapital has over the years supported:
Barncancerfonden (The Swedish Childhood Cancer Fund), Mattecentrum (Math Centre), Mentor Sverige (Mentor Sweden), UNICEF Ukraina (UNICEF Ukraine), Bröstcancerförbundet (The Swedish Breast Cancer Association), Alzheimerfonden (The Swedish Alzheimer’s Foundation), Stockholms Stadsmission (Stockholm City Mission), Prostatacancerförbundet (Swedish Prostate Cancer Association), Frälsningsarmén (The Salvation Army), Rädda Barnen (Save the Children Sweden), and Världsnaturfonden WWF (World Wide Fund for Nature).
