Our ESG Approach

Our ESG Approach

We believe that it is essential to create opportunities for transformation as we invest in South Africa’s future. An understanding of key Environmental, Social, and Governance (ESG) concepts and their impacts is a critical concept and business practice that Thuso promotes and adheres to. 

RESPONSIBLE INVESTING

We mitigate ESG Risks and maximise opportunities at every stage of the investment cycle.

ESG PILLARS

Impact forms the foundation of our investment process. Thuso upholds and is a signatory to the United Nations Principles for Responsible Investments (UNPRI).

ESG MANAGEMENT PRACTICES

We create value for our investors across our portfolio and uphold the integrity of the private market capital we provide.

Our Sustainability Policy

Thuso creates sustainable value within private markets by promoting responsible business practice through our ESG framework. We do this by incorporating the United Nations Sustainable Development Goals (SDGs) criteria into our investment decision-making and our ownership practices. This framework is further aligned with the National Development Plan (NDP) in ensuring a contribution to transforming gender and education inequalities.

We use the IFC Performance Standards as a benchmark for environmental and social risk management and as a means to measure ESG risk in these areas.

The topics encompassing these standards are:

RISK ASSESSMENT & MANAGEMENT

RISK ASSESSMENT & MANAGEMENT

RESOURCE EFFICIENCY & POLLUTION PREVENTION

RESOURCE EFFICIENCY & POLLUTION PREVENTION

LAND ACQUISITION & RESETTLEMENT

LAND ACQUISITION & RESETTLEMENT

CONTRIBUTING TOWARDS A BETTER WORLD

CONTRIBUTING TOWARDS A BETTER WORLD

LABOUR & WORKING CONDITIONS

LABOUR & WORKING CONDITIONS

HEALTH, SAFETY & POLLUTION PREVENTION

HEALTH, SAFETY & POLLUTION PREVENTION

NATURE CONSERVATION & SUSTAINABILITY

NATURE CONSERVATION & SUSTAINABILITY

SOCIAL COHESION & NATION BUILDING

SOCIAL COHESION & NATION BUILDING

Impact

Impact

We want retirement fund members to retire into a world that is worth living in. Sustainability is crucial and sustainability must come with impact that touches lives. Over and above supporting empowerment and new business growth in private markets, Thuso enables businesses to uplift communitiesby providing access to affordable, accessible and reliable services like healthcare, education, finance and digital infrastructure.

“We construct our portfolios through the lens of the ESG mindset.
Business Transparency

Business Transparency

HOW DO WE UPHOLD GOOD CORPORATE GOVERNANCE?
  • Adopt and implement appropriate know-your-client and anti-money laundering policies, procedures and controls.
  • Operate in compliance with relevant sanctions.
  • Adopt and implement measures to prevent extortion, bribery, fraud, corruption and financial crime.
  • Record and report financial and tax information in line with applicable requirements and regulations.
  • Establish corporate governance practices appropriate to the size and nature of the business.
  • Conduct business in full compliance with laws and regulations; and engage with regulators in an open and cooperative manner.
  • Ensure corporate governance is adhered to in the businesses in which the fund's capital is invested.
Invest with integrity