Responsible Investment

We define Responsible Investment as the integration of ESG considerations into the investment decisions and ownership practices with a view to reducing investment risk, positively impacting financial performance and better aligning Annapolis with the broader objectives of society.  In early 2018, Annapolis formally adopted a Responsible Investment Policy. Annapolis integrates ESG considerations into our investments – existing and prospective. We believe that the consideration, evaluation and management of ESG risks allow Annapolis to make better investment decisions and reduce portfolio risk through time while contributing to the broader objectives of society.

Annapolis has a Designated Responsible Person responsible for developing and implementing Annapolis’ Responsible Investment frameworks and for ensuring policy compliance. All front office team members have completed the requirements and exams for the Responsible Investment Fundamentals course from the Principles for Responsible Investment (“PRI”) Academy.


  • We consider ESG factors when conducting due diligence on investment opportunities and when monitoring portfolio investments.
  • We seek governance rights with our Fund VII portfolio companies and are active owners of these businesses where possible.
  • We seek disclosure from our Fund VII portfolio companies on their policies dealing with health, safety and the environment, modern slavery and social issues in the communities in which they operate and encourage them to follow industry best practices.
  • As active owners, we require our Fund VII portfolio companies to have formal and capable Health, Safety and Environment (“HSE”) Committees in place. Where appropriate, we seek representation on the committees of the boards of directors responsible for HSE and ESG related matters.

The fourth edition of our Sustainability Report can be accessed through the link below.

Annapolis Capital 2023 Sustainability Report

Annapolis prepares an annual Modern Slavery Report in compliance with the Fighting Against Forced Labour and Child Labour in Supply Chains Act (Canada). This report can be assessed through the link below.

Annapolis Capital Modern Slavery Report 2024