Capital for Colleagues PLC
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Climate change
- Social responsibility
- Governance
Environmental Achievements
- Planning to introduce a scheme to encourage employees to own EVs or PHEVs
- All employees diligently minimise waste and reduce/reuse and recycle material wherever possible
- Working proactively with investees to introduce targets to reduce their carbon & environmental impact
Social Achievements
- Committed to creating and ensuring a non-discriminatory and respectful working environment for staff
- Provide a range of benefits including profit share, share ownership, medical insurance, pension contributions, maternity and paternity leave, support for EVs and PHEVs
- Support professional skills development
- Investees are expected to be equal opportunities employers, committed to a non-discriminatory and respectful working environment for their staff
- Investees share profits fairly with all employees and shareholders
- Investees support their communities through charitable work, sponsorship, open days etc.
Governance Achievements
- Board applies high standard of corporate governance, as set out in the QCA code
- Investees are encouraged to have regular board meetings, minimum 20% employee share ownership, a Corporate Trustee in place to manage the EOT, and periodic meetings between the EOT & company board
Climate Goals & Targets
Environmental Challenges
- Rising costs, tight labour market and shortages of materials for investee companies
- Unsettled geopolitical background coupled with inflationary pressures and the likelihood of recession and low growth in the UK economy
Mitigation Strategies
- Patient capital and support to investee companies
- Cautious approach to investments
- Maintaining sufficient liquidity (£3.939m net liquidity)
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Shortlisted for ‘Aquis Company of the Year’ in both the 2022 Small Cap Awards and Shares Awards 2022