Page 11 - Admaius Responsible Investment report 2024

Our Commitments Our Strategy Our Portfolio www.admaius.com

Wider commitments

We are committed to being an active We value the role of industry initiatives as we seek to work collaboratively towards best
owner and steward of capital rather than practice in ESG integration, impact and stewardship. Below we highlight key initiatives
simply a shareholder. To the extent we we are part of or leverage within our work.
have ownership, influence or control, we
work closely with our portfolio companies
on their business strategy, which includes We are signatories of the UN PRI, reporting annually on our alignment to their six principles
ESG strategy, and value creation initiatives (see next slide). To support our commitment to the PRI and investor stewardship on human
linked to impact. rights, we also endorse the UN PRI Advance initiative, which looks to raise awareness of
social risks and human rights in corporate value chains and provides valuable resources for
While we are not a pure impact investor we investor engagement.
have defined an impact thesis for Admaius
which is aligned to the UN SDGs (see section
on impact). This thesis helps support our
portfolio engagement and value creation
efforts.
We benchmark and frame our practices against leading industry initiatives such as the 2X
To mitigate potential negative impacts we criteria (we also became 2X members in November), and the Operating Principles for
exclude certain sectors from our investable Impact Management (OPIM) – we have drafted our OPIM disclosure. We also have carried
opportunity set (see appendix within our out TCFD analysis in 2023, and in 2024, signed a global investor letter via the UN PRI
ESGI policy). This list is aligned to common collaboration platform, urging urgent government action on climate.
LP/DFI exclusion lists and supports us in
avoiding sectors with material negative
environmental or social externalities. Beyond
this – our investment committee decide to
proceed with an investment taking into
account identified negative impact(s) and
overall level of ESG risk. We leverage data and attend events hosted by the African Venture Capital Association
(AVCA) and East African Venture Capital Association (EAVCA), both of which are industry led
bodies that support greater private investment into Africa and East Africa.
Lastly we have core commitments to our LPs
/ DFIs regarding ongoing ESG monitoring
and reporting.

11 │ Admaius Capital Partners ESG & Impact Report 2024