Committed to investing responsibly
Paving the way for progress
We believe we have a duty to use our platform to support positive change in the world. So we act purposefully to minimize our impact on the environment, build productive relationships in the communities in which we work, and help everyone reach their full potential.
Sustainability Report 2022
GCP continues to make progress to enhance its approach to responsible investment, identify and manage climate-related risks and opportunities, maximize our community impact through our foundation and improve our collection, validation and management of ESG data.
This report covers our ESG-related activities and data from 1 January to 31 December 2022.
Responsible investment policy
As a company, we hold a mirror up to ourselves each day and focus on staying true to our core values. Our Environmental, Social and Governance (ESG) policies reflect our commitment to stakeholders – to always be responsible investors and incorporate ESG priorities into our decision making throughout the lifecycle of our investments.
Minimizing climate change and our impact on the environment is a key part of our mission. Through engagement and coordinated action, we aim to continually improve sustainability in our company and across our portfolio of investments.
Our sustainability principles
- Build businesses and invest responsibly
- Govern with high ethics and transparency
- Develop, manage and monitor more sustainable assets
- Improve efficiency and enhance value
- Promote well-being
Whether we’re creating safe, healthy work environments, assisting in employee career development, or engaging in community initiatives such as food banks and job training programs, caring for people (both ours and others) is a primary focus.
Integrity and ethics are embedded in our DNA and reinforced through our training, education and culture. It’s why we have an uncompromising commitment to strong corporate governance, high ethical standards, and transparency with stakeholders.
Aligning ESG with industry standards
We voluntarily report to and endorse several leading and global industry ESG standards and frameworks to be transparent and disclose ESG implementation and progress.
Our funds have been submitting to GRESB since 2013 and consistently achieve Green Star status and sector and geographical leader recognition.
Signatory of the United Nations-supported PRI, an international global network of investors, asset managers, owners, and service providers who work together to put responsible investing into practice.
GLOBAL REPORTING INITIATIVE (GRI)
Annual sustainability report prepared with reference to the Global Reporting Initiative (GRI) Universal Standards 2021 and report on the most material issues by explaining our management approach through data and case studies.
In line with Taskforce on Climate Related Financial Disclosures (TCFD) recommendations, we have selected “Net Zero 2050” and “Current Policies” scenarios to understand how climate risks and opportunities may impact our assets and operations.
In line with the TCFD recommendations, we have selected “Net Zero 2050” and “Current Policies” scenarios developed by the Network of Central Banks and Supervisors for Greening the Financial Systems (NGFS) in our initial analysis (2).
Select corporate offices submit annually to Planet Mark to measure and evaluate our business impact on our carbon footprint and social value creation.
The Jeffrey H. Schwartz Foundation
Honoring the legacy of GLP’s late co-founder, The JHS Foundation aims to build a more just and equitable society. To support this mission, the foundation is actively engaged in programs and initiatives that bolster education, protect the environment and emphasize equality. These efforts are helping improve lives across our global communities.