We at Sesfikile Capital take our fiduciary duty to our client investors seriously and act in the sole interest of our clients. We recognise that Environmental, Social and Governance (ESG) factors play an important role in assessing the long-term sustainability of investments. Accordingly, we believe that the integration of ESG factors into our investment process is a crucial step and will ultimately lead to increased value and lower risk for client portfolios.

Although we are not a signatory on the United Nations Principles of Responsible Investing (UNPRI) registry, we embrace the principles and incorporate them in our investment process. We incorporate ESG issues into investment analysis and decision-making processes, and seek appropriate disclosure on ESG issues by the entities in which we invest.

In addition, Sesfikile Capital supports the South African Code for Responsible Investing (CRISA). Sesfikile Capital supports the principles set out in CRISA, which stresses the importance of integrating sustainability issues, including ESG into long term investment strategies and gives guidance on how the institutional investor should execute investment analysis and investment activities and exercise rights so as to promote sound governance.

We have integrated ESG factors into our investment processes, stewardship practices and into the management of our own company in a manner that is consistent with our investment strategy, the interests of our clients and stakeholders and the principles set out in CRISA.

This information is available upon request. Sesfikile Capital is open to any discussion on our policies, processes or voting records.