Kerogen Capital launches ESG Policy Statement
Private equity fund manager Kerogen Capital has published its Environmental, Social and Governance (ESG) Policy Statement.
The statement details the company’s commitment to good governance, to high environmental standards and to positive engagement on social issues.
Kerogen believes that adherence to ESG principles is a central commercial priority in creating sustainable value for its portfolio of companies and its investors.
The Policy Statement demonstrates to stakeholders the role that the private equity model can play in promoting ESG considerations in the oil and gas industry and the value that can be unlocked through implementing them.
Kerogen is working with international bodies and multi-stakeholder industry groups to interact and share lessons learned with others who are committed to prioritising ESG principles in their investment decision processes. Kerogen is a signatory to the United Nations Principles for Responsible Investment (UNPRI) and a supporter of the Extractive Industries Transparency Initiative (EITI).
Ivor Orchard, co-founder and chairman of Kerogen, says: “We fundamentally believe that investing in companies with comprehensive ESG frameworks translates into lower risk and higher financial returns. Furthermore, our own rigorous ESG approach provides comfort to our investors who are looking for responsible investment opportunities in the international upstream sector.”
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