Our core values shape our approach to Environmental, Social and Corporate Governance (ESG) and Health, Safety, and Security (HSS) issues, and are simply stated as follows:
- We respect Human Rights;
- We will ensure Health, Safety, Security and the Environment are priorities;
- We have zero tolerance for bribery and corruption; and
- We recognize man made climate change, and the need to address it.
In addition, First Alpha will become a signatory to the United Nations-backed Principles for Responsible Investment (the Principles): the set of principles developed by an international group of institutional investors reflecting the increasing relevance of ESG issues to investment practices. The process was convened by the United Nations Secretary-General.
The six Principles we will adopt are described below:
Principle 1 - First Alpha will incorporate ESG issues into investment analysis and decision-making processes.
Principle 2 - First Alpha will be active owners and incorporate ESG issues into our ownership policies and practices.
Principle 3 - First Alpha will seek appropriate disclosure on ESG issues by the entities in which we invest.
Principle 4 - First Alpha will promote acceptance and implementation of the principles within the investment industry.
Principle 5 - First Alpha will work to enhance effectiveness in implementing the principles.
Principle 6 - First Alpha will report on its activities and progress toward implementing the principles.