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Sustainability is a cornerstone in Global Evolution’s business philosophy. The mutually reinforcing pillars of macro-economic and socio-economic development is the very bedrock of sovereign and corporate development in emerging and frontier markets. These essential drivers of creditworthiness are well-known in Development Economics and Development Finance.
As an asset manager in the emerging and frontier markets space, the integration of socio-economic drivers into our sovereign investment process is important to achieve our investment objectives to the benefit of our clients and shareholders. Consequently, since we were founded in 2007, we have made successive strides to not only continually improve but also be at the forefront of integration into our investment process of socio-economic environmental, social, and governance (ESG) dimensions of development in emerging and frontier markets.
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Since 2020, through our third-party validated CO₂ removal project with Goodwings, on an annual basis, Global Evolution offsets all carbon emissions as a result of employee travel. The latest period of offset was January 1st, 2024, through December 31st, 2024. Global Evolution will continue to offset carbon emissions from employee travel annually going forward.
The project will, through afforestation, remove carbon dioxide from the atmosphere to neutralize our carbon emission as a company.
Global Evolution use the Verified Carbon Standard (VCS) approved CO₂ removal project “La Pitanga”, which is a forest plantation project in Uruguay, that plant forests to remove carbon dioxide from the atmosphere.
The project is also certified by the Forestry Stewardship Council (FSC), which is an internationally renowned program that setting standards for responsible forest management.
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