“At Nazca we firmly believe that a responsible investment contributes to the creation of value, and we therefore incorporate environmental, social and corporate governance (ESG) considerations into our investment strategy."
We have a responsible investment policy which guides our actions during the different phases of the investment process, and an ESG committee in which our senior management participates, guaranteeing its application.
In the selection of opportunities, we exclude certain sectors which are not aligned with our principles and with those of UN PRI, and before investing we undertake an exhaustive Due Diligence on ESG factors, helping us to detect risks and identify opportunities for the creation of value incorporated into our decision making process.
Once the investment has been made, our action plans for investees include specific measures to mitigate risks and exploit identified ESG opportunities, ensuring that these measures receive appropriate monitoring in committees and that they are periodically reported on so that we can report the progress made to our stakeholders.
In 2016 we formalised our commitment to responsible investment by singing the United Nations Principles of Responsible Investment (UN PRI), also taking on a commitment of transparency, requiring us to create annual reports on our progress in responsible investment and promotion of responsible investment among the investment community in general and among other Private Equity managers in particular.
Recently updated to comply with the requirements introduced by Regulation (EU) 2019/2088 of the European Parliament and of the Council of November 27, 2019 on the disclosure of information related to sustainability in the financial services sector.
Nazca Capital - PAIs Statement.
Nazca Capital - Website Disclosures Article 8 - Fondo Nazca VI, FCR.
Climate Change is at Nazca’s top priority in its ESG Agenda.
In 2020, we took our first steps in this field by becoming TCFD supporters. The TCFD (“Task Force on Climate-related Financial Disclosures”) is a group established to develop recommendations for more effective climate-related disclosures and to enable stakeholders to understand better the financial system’s exposures to climate-related risks.
Corporate Social Responsibility
At Nazca we want to generate a positive impact not only with our investments, but also in the environment in which we operate. We believe that the best way to do so is to lead by example through our Corporate Social Responsibility policy.
In this area, we are particularly proud of our collaboration with the Banco de Alimentos food bank, a non-profit charity organisation whose goal is to obtain free food for free distribution among charity organisations dedicated to the direct assistance and care for people in need in the Community of Madrid.