Market announcement
Baltic Horizon Fund / Northern Horizon Capital AS
LEI code
5299008IKT93E4SA0G49
Size of the entity
Small undertaking
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
10463
Attachments
Submission date and time
06.07.2023 10:15:00
Content of announcement in Estonian
Title
Baltic Horizon Fond on avalikustanud jätkusuutlikkuse (ESG) raporti
Message
Baltic Horizon Fond teatab täna oma 2022. aasta ESG aastaaruande avaldamisest.
Baltic Horizon tegi ESG strateegiaga algust 2019. aastal ning järgnevatel
aastatel on fond hoolimata keerulisest majanduskeskkonnast suurendanud oma
ambitsioonikust, viies oma jõupingutused vastavusse Northern Horizon Capitali
kontserni süsinikuneutraalsuse eesmärkidega 2030. aastaks ja viimaste
aruandluseeskirjadega.
?Baltic Horizon Fondi tegevus on üles ehitatud eesmärgiga pakkuda investoritele
väärtust. Usume, et ainus viis pikaajalise väärtuse loomise tagamiseks on
äritegevuse korraldamine rahaliselt, keskkonnaalaselt ja sotsiaalselt
vastutustundlikul viisil. 2021. aastal alustasime ettevalmistusi aruandluse ELi
taksonoomiaga vastavusse viimiseks ja 2022. aastal tegime täieliku ELi
taksonoomiaga vastavusse viimise hinnangu, mis on andnud meile veelgi
põhjalikuma ülevaate oma varade ja tegevuste kohta ning arusaama poliitikate ja
protseduuride parimate tavade kriteeriumite kohta," kommenteeris Baltic Horizon
Fondi fondihaldur Tarmo Karotam.
Fondi ESG strateegia keskendub järgmistele põhielementidele:
* Vastutustundlikud investeeringud - ESG tegurid lõimitakse
investeerimisstrateegiatesse ja investeerimisotsuste tegemisel võetakse
arvesse jätkusuutlikkuse riske.
* Sotsiaalne väärtus - meie eesmärk on pakkuda kõigile oma sidusrühmadele
kõrgeimaid heaolustandardeid ja panustada kohalikesse kogukondadesse.
* Keskkonnamõju - keskendume mitte ainult süsinikdioksiidi heitkoguste
vähendamisele, vaid ka energia tarbimise optimeerimisele, taastuvatele
energiaallikatele üleminekule ja kõigi võimalike kinnisvaraga seotud
saasteallikate vähendamisele.
* Juhtimine - püüame saavutada aruandluses ja poliitikates läbipaistvust ja
kõrgeimaid standardeid, ajakohastades seega pidevalt ettevõtte poliitikaid
ja raamistikke, mis põhinevad uusimatel soovitustel ja
aruandlusstandarditel, näiteks jätkusuutlikkust käsitleva teabe
avalikustamise määrus (SFDR).
ESG tulemuslikkus 2022. aastal
2022. aastal osales Baltic Horizon Fond neljandat korda GRESBi
kinnisvarahinnangus. Fond sai hindamisel 83 punkti 100st ning saavutas nelja
tärni hinnangu (viiest võimalikust), ületades sellega eesmärki saavutada kolme
tärni tase.
Pärast jätkusuutlikkust käsitleva teabe avalikustamise määruse (SFDR) artikli 8
allkirjastamist 2021. aastal viis Baltic Horizon 2022. aastal läbi ELi
taksonoomiaga vastavusse viimise hinnangu, et määrata kindlaks portfelli
kestlike tegevuste protsent.
2022. aasta teisel poolel, kui energiahinnad järsult tõusid, algatas fond mitu
ennetavat meedet energiatarbimise viivitamatuks vähendamiseks. Jaemüügivarade
energiatarbimist vähendati edukalt 9-15%. Sarnaseid pingutusi tehti ka
büroohoonetes. Need jõupingutused mõjutasid samuti 2022. aasta kasvuhoonegaaside
koguheidet, mis oli 27% väiksem kui 2021. aastal.
Raport on lisatud teate manusena ning on kättesaadav inglise keeles fondi
koduleheküljel https://www.baltichorizon.com/esg/.
Raporti eestikeelne tõlge tehakse Baltic Horizon Fondi koduleheküljel
https://www.baltichorizon.com/et/esg/ kättesaadavaks hiljemalt 24. juulil 2023.
Lisainformatsiooni saamiseks palume ühendust võtta:
Tarmo Karotam
Baltic Horizon Fond, fondijuht
E-mail [email protected]
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www.baltichorizon.com (https://www.globenewswire.com/Tracker?data=IUXMSR-
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Baltic Horizon Fond on registreeritud lepinguline avalik kinnine kinnisvarafond,
mida valitseb alternatiivfondivalitseja Northern Horizon Capital AS.
Avaldamine: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com
Content of announcement in English
Title
Baltic Horizon Fund has published its Annual ESG report 2022
Message
Baltic Horizon Fund today announces the release of its Annual ESG report 2022.
Baltic Horizon launched its ESG strategy in 2019, and in the subsequent years,
despite a challenging economic environment, the fund has increased its level of
ambition, aligning efforts to contribute to Northern Horizon Capital Group's net
zero carbon commitment by 2030 and the latest reporting regulations.
"Baltic Horizon Fund's activities are built around the purpose to deliver value
to its investors. We believe that the only way to ensure long-term value
creation is by doing business in a financially, environmentally, and socially
responsible way. In 2021, we started the preparations to report on EU Taxonomy
alignment, and in 2022, we conducted full EU taxonomy alignment calculation
which has given us an even deeper understanding of our assets and operations as
well as the best practice criteria for policies and procedures," commented Tarmo
Karotam, Fund Manager of Baltic Horizon Fund.
The fund's ESG strategy is centered around the following core elements:
* Responsible investments - ESG factors are integrated in the investment
strategies and sustainability risks are considered in the investment
decision-making process.
* Social value - We aim to deliver the highest wellbeing standards to all our
stakeholders and to contribute to local communities.
* Environmental impact - Our focus is not just on reducing carbon emissions
but also on energy optimization, transitioning to renewables and mitigating
all possible pollution sources related to real estate.
* Governance - We strive for transparency and the highest standards in
reporting and policies, thus continuously updating corporate policies and
frameworks based on the latest recommendations and reporting standards such
as SFDR.
ESG performance highlights 2022
In 2022, Baltic Horizon participated in the GRESB assessment for the fourth
time. The fund achieved a score of 83 points (from 100) reaching a 4-star rating
(out of 5 stars), thereby exceeding its goal to reach 3-star level.
After signing as a Sustainable Finance Disclosure Regulation ("SFDR") article 8
Fund in 2021, Baltic Horizon conducted EU Taxonomy alignment calculation in
2022 to determine the percentage of sustainable activities of the portfolio.
During the second half of 2022 as the energy prices increased dramatically, the
fund initiated a range of proactive measures to achieve immediate energy
consumption reductions. The energy usage was successfully reduced by an 9-15% in
the retail assets. Similar efforts were undertaken within the office buildings.
These efforts had a substantial influence on the total GHG emissions for 2022
which were 27% less than in 2021.
The full ESG report 2022 in English is attached and can also be found on the
Fund's website at https://www.baltichorizon.com/esg/.
The Estonian translation of the report will be made available on the Baltic
Horizon Fund website https://www.baltichorizon.com/et/esg/ by 24 July 2023.
Additional information:
Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=uMlftpVUP59vcFGbVHHzr_KcjChy3SCrD-
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www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=GSQVye1bgzTst_zGKIpP26VIk1zPIzIgVMWj
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Baltic Horizon Fund is a registered contractual public closed-end real estate
fund that is managed by Alternative Investment Fund Manager license holder
Northern Horizon Capital AS.
Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com (http://www.baltichorizon.com)