Triple Point Sustainable Business Objectives

Through our people, and the partnerships we build, we unlock investment opportunities that have purpose, while generating profit for investors. To achieve our business mission of purpose, people and profit, our approach to sustainable business addresses all aspects of Triple Point, as an investor, as a business, and as an employer. We align our behaviours across these three areas to ensure we drive all our outcomes in the same positive direction.

Updated as of April 2021

Triple Point Sustainable Business Objectives

Through our people, and the partnerships we build, we unlock investment opportunities that have purpose, while generating profit for investors. To achieve our business mission of purpose, people and profit, our approach to sustainable business addresses all aspects of Triple Point, as an investor, as a business, and as an employer. We align our behaviours across these three areas to ensure we drive all our outcomes in the same positive direction.

Updated as of April 2021

Being a Responsible and Sustainable Investor, and creating impact

Something happens when people come together. From the connections we make spring ideas. Fresh solutions to big problems, from how to improve global communications and heat our homes, to how to support businesses and drive the economy. And from solutions like these flow opportunities to create value.

We acknowledge that we are operating in a changing world, the winners of the past may no longer be the winners of the future. Constrained resources, rising pollution, climate change, globalisation and political and social instabilities are shifting the state of play and creating new challenges which require new solutions. This reality has now been captured and framed by the 17 UN Sustainable Development Goals, which depict the most pressing challenges we face today and present a call to action for both public and private markets to respond. We are mindful of this need in all our actions, and in particular in our commitment to being a responsible and sustainable investor.

Core to our commitment to being a sustainable and responsible investor is the integration of ESG issues into every strategy’s investment analysis and decision-making. Understanding ESG factors provides an additional layer of insight into the risks and opportunities affecting our investments and loans now, and in the future. It is critical for risk mitigation and when done well can enhance returns as well as preserve value for our investors. Furthermore, we run strategies which have the specific intent of creating positive measurable impact, including our Social Housing funds, our ventures investment solution the Impact EIS service, our management of the application and awards process of the UK Government’s Heat Networks Investment Project, and our new fund dedicated to Energy Efficiency investments.

Our support of the Paris Agreement

As cities, regions, businesses, investors, civil society groups, trade unions and other signatories, coming from every sector of society and every corner of the world, we realise that dangerous climate change threatens our ability and the ability of future generations to live and thrive in a peaceful and prosperous world. We also realise that taking strong action to reduce emissions can not only reduce the risks of climate change but also deliver better growth and sustainable development. In support of this, we welcome the universal climate agreement at COP21 in Paris, which is a critical step on the path to solving climate change.

Triple Point is operationally a carbon neutral business. In 2020, we partnered with Permian Global to support the Katingan Mentaya Project and offset our own carbon use from 2005 to April 2020. The programme utilises carbon revenues to ensure natural forest restoration and habitat protection, including for the Bornean Orangutan, through activities aligned to UN Sustainable Development Goals 13, 15 and 17. We intend to continue tracking, offsetting and reducing our operational carbon footprint.

We have also worked with the Carbon Trust to establish the carbon footprint of our financed emissions for 2020, as part of our wider climate risk management strategy.

Our support of the Paris Agreement

As cities, regions, businesses, investors, civil society groups, trade unions and other signatories, coming from every sector of society and every corner of the world, we realise that dangerous climate change threatens our ability and the ability of future generations to live and thrive in a peaceful and prosperous world. We also realise that taking strong action to reduce emissions can not only reduce the risks of climate change but also deliver better growth and sustainable development. In support of this, we welcome the universal climate agreement at COP21 in Paris, which is a critical step on the path to solving climate change.

Triple Point is operationally a carbon neutral business. In 2020, we partnered with Permian Global to support the Katingan Mentaya Project and offset our own carbon use from 2005 to April 2020. The programme utilises carbon revenues to ensure natural forest restoration and habitat protection, including for the Bornean Orangutan, through activities aligned to UN Sustainable Development Goals 13, 15 and 17. We intend to continue tracking, offsetting and reducing our operational carbon footprint.

We have also worked with the Carbon Trust to establish the carbon footprint of our financed emissions for 2020, as part of our wider climate risk management strategy.

Our support of the Task Force on Climate-Related Financial Disclosures (TCFD)

Clear, comparable and consistent information about the risks and opportunities presented by climate change is critical to financial institutions playing their role in building a stronger, more resilient and sustainable global economy. The TCFD framework presents the opportunity to ensure that the effects of climate change become routinely considered in business and investment decisions. Triple Point support the intention of the Task Force, and commit to adopting the four pillars of disclosure and following the 7 principles in our corporate reporting. Within our investment strategies we intend to implement TCFD-aligned climate risk assessment. We have worked with the Carbon Trust as part of this commitment, who helped us establish a high-level roadmap of action for Triple Point.

Our support of the Task Force on Climate-Related Financial Disclosures (TCFD)

Clear, comparable and consistent information about the risks and opportunities presented by climate change is critical to financial institutions playing their role in building a stronger, more resilient and sustainable global economy. The TCFD framework presents the opportunity to ensure that the effects of climate change become routinely considered in business and investment decisions. Triple Point support the intention of the Task Force, and commit to adopting the four pillars of disclosure and following the 7 principles in our corporate reporting. Within our investment strategies we intend to implement TCFD-aligned climate risk assessment. We have worked with the Carbon Trust as part of this commitment, who helped us establish a high-level roadmap of action for Triple Point.

Global Investor Statement to Governments on Climate Crisis

Triple Point is a supporter and signatory of the 2021 Global Investor Statement to Governments on Climate Crisis.

Implementing meaningful climate risk management requires visibility on regulation intent. We are proud to be one of 457 investors, managing more than US$41 trillion, who have released a joint statement to all world governments urging a global race-to-the-top on climate policy.

Global Investor Statement to Governments on Climate Crisis

Triple Point is a supporter and signatory of the 2021 Global Investor Statement to Governments on Climate Crisis.

Implementing meaningful climate risk management requires visibility on regulation intent. We are proud to be one of 457 investors, managing more than US$41 trillion, who have released a joint statement to all world governments urging a global race-to-the-top on climate policy.