Responsible, Sustainable, and Impactful Investing

Welcome to Heritage Capital! We drive sustainable growth and long-term value through strong ESG principles. Discover how we integrate these values into our business.

Our Commitment to ESG: 

At Heritage Capital, we believe that strong Environmental, Social, and Governance (ESG) principles are essential for creating long-term value and driving sustainable growth. Our approach integrates globally recognized frameworks and best practices to ensure that our investments align with ethical leadership, responsible stewardship, and transparency.

By adhering to key standards such as the Task Force for Climate-Related Financial Disclosures (TCFD) Reporting Framework, King IV Code of Corporate Governance, and international ESG Frameworks and Standards, we enhance our ability to identify risks, seize opportunities, and meet the evolving expectations of investors, regulators, and stakeholders. Through this commitment, we strive to build resilient businesses, foster positive social impact, and contribute to a more sustainable future.

Heritage Capital ESG Snapshot

Heritage Capital ESG

Energy Efficiency:

Electricity efficiency measures and solar panels implemented at portfolio companies.

Carbon Reduction:

Achieved a 19% reduction in Scope 2 emissions at SSEM from the financial year 2023 baseline to the financial year 2024.

Jobs Created:

1100 jobs created and sustained through portfolio companies.

Governance:

Adoption of the King IV Code of Good Governance across portfolio companies.

Women in Leadership:

50% of top management at SSEM are women.
42% of senior and executive management at General Profiling are women.

Workforce Diversity:

80% of employees at SSEM are black.
27% of employees across portfolio companies are women.

Focus on Empowerment:

Driving positive social change through inclusive policies and impactful hiring.

TCFD Reporting Framework

The TCFD standards help companies, including private equity firms, disclose climate-related financial risks and opportunities. This framework focuses on four key areas:

Governance

How the firm’s leadership oversees climate issues.

Strategy

The impact of climate risks and opportunities on the firm’s business and plans.

Risk Management

How the firm identifies and manages climate risks.

Metrics & Targets

The metrics and goals used to track climate-related performance.

By following TCFD guidelines, Heritage Capital aims to:

  • Enhance transparency and align with a low-carbon future.
  • Meet investor and regulatory expectations.
  • Improve decision-making by identifying climate-related risks and opportunities.
  • Strengthen credibility and trust with stakeholders through clear and consistent disclosure.
TCFD Logo

King IV Code of Corporate Governance

King IV is a corporate governance framework that emphasizes ethical leadership, sustainability, and integrated thinking. Heritage Capital has adopted the King IV principles to enhance governance practices and build long-term value by:

N

Promoting integrity and accountability at all levels.

N

Integrating ESG factors into investment decisions.

N

Engaging with stakeholders to understand and address their needs.

N

Providing transparent and comprehensive reports on financial and non-financial performance.

By aligning with King IV, private equity firms can improve governance standards, attract responsible investors, and drive sustainable growth.

Other Frameworks and Standards We Align With

IFC Performance Standards

Help identify and manage environmental and social risks, enhancing investment sustainability.

R

World Bank EHS Standards

Provide technical guidelines to meet high environmental, health, and safety benchmarks.

UN Sustainable Development Goals (SDGs)

Guide our contributions to global priorities like poverty reduction, gender equality, and responsible consumption.

International Labour Organization (ILO) Guidelines

Ensure fair labour practices and promotes a positive and productive work environment.

By integrating these frameworks, Heritage Capital strengthens transparency, trust, and long-term sustainable growth for our stakeholders.

The SDG’s We Align With

Ensure healthy lives and promote well-being for all.

Achieve gender equality and empower all women and girls.

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Ensure sustainable consumption and production patterns.

Our approach to ESG investing:

Assessment and Baseline Setting

Before integrating ESG principles into our investment strategy, we conduct a thorough assessment to establish a baseline. This involves identifying key environmental, social, and governance (ESG) risks and opportunities across our portfolio. By understanding where we stand, we can set meaningful objectives for improvement and ensure long-term sustainability.

Policy Development

We develop clear ESG policies that align with global standards and best practices. These policies provide a structured framework for responsible investing, outlining our commitments to sustainability, ethical business practices, and stakeholder engagement. They serve as a guiding force for all investment decisions.

Integration into Investment Process

ESG considerations are embedded into our due diligence and decision-making processes. We evaluate potential investments based on ESG risks and opportunities, ensuring that sustainability is not just an add-on but a fundamental part of our investment strategy. This integration helps us future-proof our portfolio and drive long-term value.

Portfolio Management

Once investments are made, we actively manage our portfolio to uphold ESG standards. This includes continuous monitoring, regular reporting, and engagement with portfolio companies to implement best practices. We work closely with management teams to drive sustainable growth and improve ESG performance over time.

Reporting and Transparency

We believe in clear, consistent, and honest ESG reporting. Our approach to transparency ensures that stakeholders, including investors, regulators, and communities, have access to relevant information about our ESG initiatives. We align our reporting with globally recognized frameworks to maintain credibility and accountability.

Training and Culture

A strong ESG culture starts with our people. We invest in training and capacity-building programs to ensure our team and portfolio companies understand and uphold ESG principles. By fostering a culture of sustainability and responsibility, we empower decision-makers to integrate ESG considerations into daily operations.

Stakeholder Engagement

We recognize the importance of meaningful engagement with all stakeholders, including investors, employees, regulators, and communities. Through open dialogue and collaboration, we address concerns, gather insights, and build strong, lasting relationships that support sustainable investment outcomes.

Continuous Improvement

ESG is not a static process—it requires ongoing evaluation and adaptation. We continuously refine our strategies, leveraging data, industry trends, and stakeholder feedback to enhance our ESG performance. Our commitment to improvement ensures that we remain resilient, responsible, and aligned with global sustainability goals.