Musa Capital Responsible Investment guidelines

Musa Capital Responsible Investment guidelines

  • Consider environmental, public health, safety, and social issues associated with target companies when evaluating whether to invest in a particular company or entity, as well as during the period of ownership.
  • Seek to be accessible to, and engage with, relevant stakeholders either directly or through representatives of portfolio companies, as appropriate.
  • Seek to enhance the Broad Based Black Economic Empowerment objectives of each portfolio company (specific to South Africa).
  • Seek to grow and improve the companies in which they invest for long-term sustainability and to benefit multiple stakeholders, including environmental, social and governance issues. To that end, the team will work through appropriate governance structures (e.g. board of directors) with portfolio companies with respect to environmental, public health, safety, and social issues, with the goal of improving performance and minimising adverse impacts in these areas.
  • Seek to use governance structures that provide appropriate levels of oversight in the areas of audit, risk management and potential conflicts of interest, and to implement compensation and other policies that align the interests of owners and management.
  • Remain committed to compliance with applicable national, state, and local labour laws in the countries in which they invest; support the payment of competitive wages and benefits to employees; provide a safe and healthy workplace in conformance with national and local law; and, consistent with applicable law, will respect the rights of employees to decide whether or not to join a union and engage in collective bargaining.
  • Respect the human rights of those affected by their investment activities and seek to confirm that their investments do not flow to companies that utilise child or forced labour or maintain discriminatory policies.
  • Provide timely information to their limited partners on the matters addressed herein, and work to foster transparency about their activities.
  • Encourage their portfolio companies to advance these same principles in a way which is consistent with their fiduciary duties.