Environmental, social and governance (ESG) criteria represent an integral part in both our investment decision process and value creation strategy. As a reflection of our commitment, Castik Capital is a signatory of the United Nations Principles for Responsible Investment (PRI) and the Initiative Climat International (iCI).

Please click here to view Castik’s 2022 ESG report.
 

Remuneration policy

Our remuneration policy is consistent with the integration of sustainability risks, as per Article 5 of the SFDR. According to Article 2(22) of SFDR, a sustainability risk means “an environmental, social or governance event or condition that, if it occurs, could cause an actual or potential material negative impact on the value of the investment”. The remuneration policy is directly governed and adopted by Castik’s Board of Managers to ensure that sustainability risks are correctly integrated. Castik pays its staff a combination of fixed remuneration (salary and benefits) and variable remuneration (including bonus). Variable remuneration for relevant staff takes into account compliance with all of the company’s policies and procedures as well as with the company’s internal risk management framework and risk limits, including those relating to the integration of Sustainability Risks. In this regard, Castik remuneration policies do not encourage risk-taking which is inconsistent with its internal risk limits or with the risk profile of the funds that Castik manages, including regarding Sustainability Risks stemming in particular from climate-related events or from the society’s response to climate change.