• Accelerating Decarbonization

  • Valuing Biodiversity and Water

  • Managing with ESG criteria

  • Promoting Circularity

  • Enhancing Human Development


    Responsible Investment

    Investing for a better tomorrow

    Investing for a better tomorrow

    In 2022, Sierra adhered to the UN Principles for Responsible Investment (UN PRI), a world-leading net-work that promotes the incorporation of ESG principles in the investment decision-making process. Consequently, due diligence procedures were developed, covering Sierra activities (land acquisition and new development projects, acquisition of existing buildings and companies, and the operation of buildings of owned and managed assets) to integrate sustainability risks and identify adverse sustainability impacts on investment decisions, considering the Corporate Sustainability Guidelines aiming for more transparency and oversight of potential impacts and risks.

    Sierra’s Responsible Investment Policy builds upon its existing commitments to sustainability and reinforces its dedication to responsible finance. The policy aims to integrate ESG factors into all investment decisions and address the potential sustainability risks and negative impacts of Sierra’s operations. Additionally, it complies with the latest EU regulations, such as the Sustainable Finance Disclosure Regulation (SFDR) and the Capital Requirements Regulation (CRR). Moreover, in line with the new Responsible In-vestment Policy, Sierra is updating its Due Diligence procedures to include a double materiality approach and to meet the latest regulatory requirements, such as the Corporate Sustainability Reporting Directive (CSRD) and the Taskforce on Nature-related Financial Disclosures (TNFD).

    In 2023, Sparkfood defined its Impact Strategy, aligned with the UN SDGs, and an Investment Handbook that provides the overarching charter for its approach to investments aligned with the strategy. These tools are intended to provide a framework for how the company applies ESG considerations to the way it pur-sues, evaluates, and implements investments, how it operates its businesses, and how it engages with targets and portfolio companies. Since then, Sparkfood has undergone ESG Due Diligence on its M&A processes and started working with its portfolio companies in defining and advancing their Impact agendas, aligned with their strategy.