By encouraging responsible and sustainable business practices in our investment strategies, in the companies in which we invest, and in our own operations, we can both enhance our investment performance and contribute to building a more sustainable global economy and inclusive society.
Therefore, enhanced environmental, social and governance (ESG) practices and climate change mitigation and adaptation at a fund level, have been a priority for us.
These are key considerations in the launch of new products and reflect increased client demand for products with strong environmental and social characteristics and that support the transition to a net zero economy.
ICG currently has three sustainably-themed products in the market which align to specific sustainable development goals (SDGs) and are all classified as Sustainable Finance Disclosure Regulation (SFDR) Article 8 funds.
Sustainability-themed products
Sale and Leaseback (2019)
Targets European commercial real estate assets
Target SDGs
- SDG 6 (Clean Water and Sanitation)
- SDG 7 (Affordable and Clean Energy)
- SDG 9 (Industry, Innovation and Infrastructure)
- SDG 11 (Sustainable Cities and Communities)
How the product contributes to sustainable outcomes?
- Up to 2% of committed capital can be re-invested to enhance the sustainability of the underlying portfolio assets, focusing on improving energy efficiency, reducing emissions reduction, decreasing water intensity and implementing waste management programmes
- Sets specific KPIs to monitor and track impact throughout its investment period
Infrastructure Equity (2020)
Seeks to acquire a diversified sustainable portfolio of Core+ mid-market infrastructure assets in Europe, with a focus on downside protection
Target SDGs
- SDG 7 (Affordable and Clean Energy)
- SDG 9 (Industry, Innovation and Infrastructure)
- SDG 11 (Sustainable Cities and Communities)
- SDG 12 (Responsible Consumption and Production)
How the product contributes to sustainable outcomes?
- Unique green generalist approach, including operational value creation with a sustainability focus
- Sustainability Framework designed to assess, monitor and quantify the direct contribution of core activities to relevant SDGs
Real Estate Debt VI (2021)
Pan-European real estate debt strategy with a distinctive approach to investing in self originated, predominantly first mortgages through Whole Loans investments
Target SDGs
- SDG 7 (Affordable and Clean Energy)
- SDG 11 (Sustainable Cities and Communities)
- SDG 12 (Responsible Consumption and Production)
- SDG 13 (Climate Action)
How the product contributes to sustainable outcomes?
- Financially incentivising borrowers to improve the sustainability of mid-market commercial real estate
- Industry leading Green Loan Framework aligned with the Green Loan Principles, EU Taxonomy and future EU Green Loan Principles
- SFDR Article 8+ fund, as the majority of the loans will be classified as sustainable under the EU Taxonomy
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