TEKA invests into companies that provide goods and services to both businesses and consumers in the Andean Region and overseas. These companies need to address the various environmental and social considerations of the communities they serve.
TEKA is committed to act as a responsible investor. It recognizes that ESG matters can impact the long-term performance of its investment companies. Economic growth and a healthy environment go hand-in-hand and environmental and social sustainability rank high among TEKA’s goals.
TEKA’s strategy for ESG management is three-fold:
- Assessment of ESG risk as part of the initial investment due diligence;
- Appropriate action plans to mitigate adverse social and environmental issues, and to be compliant with ESG laws and ESG performance indicators;
- Promotion of ESG and positive impact initiatives (projects that provide environmental or social benefits such as in renewable energy, energy efficiency etc.).
TEKA incorporates ESG issues into its investment processes and ownership policies. Sustainability is a key consideration at every stage of the investment:
TEKA believes that long-term, sustainable businesses are built on the back of strong corporate governance principles. As such, TEKA categorically focuses on strengthening management teams, streamlining management practices, improving communication across the organization and implementing responsible working practices in all of its portfolio companies.
TEKA, through its relationship with Edmond de Rothschild, has become a signatory of the United Nations-backed Principles for Responsible Investing (UNPRI). The principles reflect the increasing relevance of environmental, social and corporate governance issues to investment practices.