Recently, Precede Capital wrote an article for Estates Gazette the weekly business magazine published for the UK commercial property market.
Written by our very own Co-founder, Karen Dunstan, the article discusses how the collective impact of the global Coronavirus pandemic and the dramatic changes it has brought to all our lives has seen a rise of diversity and inclusion-focused protest movements, which have fed into this climate of rising social consciousness.
In these exceptional times where awareness of social injustices and the expectation for organisations to positively impact their communities have grown, there is a palpable sense that the “S” in ESG is having a moment.
SLP offer a much-needed framework to help market participants understand the characteristics of social value and, therefore, what constitutes a social value loan which is also touched on within the article.
As a lender, Precede Capital believes it has a responsibility to consider the wider economic, social and environmental impact of the developments it invests in. Therefore, the team has focused efforts on developing its ESG strategy.
Read the full article here: https://www.egi.co.uk/news/the-s-in-esg-comes-of-age/