TORONTO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Fengate Asset Management (Fengate) has reinforced its commitment to acting responsibly on behalf of its stakeholders, the environment, and community with the release of its inaugural firmwide Sustainability Report.
The 2023 Sustainability Report details the firm’s environmental, social, and governance (ESG) initiatives and performance throughout 2023, as well as the first quarter of 2024, across its infrastructure, private equity, and real estate business lines. The full 2023 Sustainability Report is available here.
In the 2023 reporting year, Fengate established a dedicated in-house ESG and Sustainability team and implemented a robust ESG program, detailed in the report released today.
“For 50 years, Fengate has been dedicated to acting responsibly on behalf of our stakeholders. This sustainability report is a testament to our ongoing commitment to integrating ESG principles into every investment decision we make,” said Lou Serafini Jr., President and CEO of Fengate.
“We want to deliver results without sacrificing the objectives of our ESG strategy, ensuring our investment practices are aligned with our corporate mission and vision. Our firm was founded with a deep commitment and responsibility to our community, and ESG principles, which have been in our DNA since day one, are formalized in this report.”
Highlights from the report include:
Environmental:
Social:
Governance:
“Our inaugural sustainability report reflects Fengate’s deep-rooted commitment to ESG. We are proud of the progress we have made and are excited about the opportunities for continuous improvement in the years ahead,” added Della Wang, Director, ESG at Fengate.
About Fengate
Fengate is a leading alternative investment manager with more than $9 billion of capital commitments under management, focused on infrastructure, private equity, and real estate strategies. With offices in Ontario and Texas, and team members across North America, Fengate leverages 50 years of entrepreneurial experience to deliver excellent investment results on behalf of its clients. Learn more at www.fengate.com.
Media Contact
Maddison Sharples
Director, Marketing and Communications, Infrastructure
Fengate Asset Management
+1 416 254 3326
Maddison.Sharples@fengate.com