Sweef Capital Management Pte Ltd
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Gender equality
- Women's economic empowerment
- Climate action
- Sustainability
Environmental Achievements
- Reduced carbon emissions from employee commuting through incentives for sustainable transportation and flexible work arrangements.
Social Achievements
- Final closing of the Southeast Asia Women’s Economic Empowerment Fund (SWEEF) at $45 million.
- Completed $10.5 million in investments with a further $10.5 million committed.
- Invested in three high-growth portfolio companies in healthcare, education, and food.
- Launched the Gender ROI™ framework.
- Presented at 25 sector events and provided technical assistance to four companies.
- Doubled the size of the team.
Governance Achievements
- Established robust grievance mechanisms for stakeholder concerns.
- Provided comprehensive training programs for employees on child protection, anti-money laundering, and insider trading.
Climate Goals & Targets
Long-term Goals:
- 5,000 companies complete the Gender ROI™ assessment
- Sweef team present at 300 sector events
- Provide technical assistance to 100 companies
- Deploy $500 million in capital
- 45 total investments
- Sweef portfolio companies create 2,500 high-quality, full-time jobs, 1,000 for women
Medium-term Goals:
- 50 new companies complete the Gender ROI™ assessment
- Sweef team present at 15 sector events
- Provide technical assistance to 7 companies
- Deploy investment capital to undersupplied capital markets
- Sweef portfolio companies create 187 high-quality, full-time jobs, 32 for women
Short-term Goals:
- Strengthen strategic partnerships
- Deliver value for LPs
- Create value for portfolio companies
- Promote gender inclusion
- Leverage the Gender ROI™ database
Environmental Challenges
- Tough fundraising environment.
Mitigation Strategies
- Demonstrated resilience and agility, delivering on multiple objectives.
Supply Chain Management
Responsible Procurement
- Prioritised partnerships with third-party service providers that champion women’s talent and empowerment.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SDG Impact Standards, IFC Operating Principles for Impact Management, Impact Frontiers, IRIS+ metrics, TCFD, COP28 MDB, SFDR
UN Sustainable Development Goals
- SDG 4 (Quality Education)
- SDG 5 (Gender Equality)
- SDG 8 (Decent Work and Economic Growth)
- SDG 12 (Responsible Consumption and Production)
Investments target enterprises addressing key areas of unmet need in Southeast Asia, improving livelihoods, particularly for women.