Sustainable environmental and social practices not only generate goodwill, but also contribute to positive financial returns.
Rockland Capital, LP (“Rockland”) recognizes that Environmental, Social and Governance (“ESG”) issues impact our business, including our development and investment related activities. This policy sets out Rockland’s approach to integrating the consideration of ESG issues throughout the development, ownership and/or investment cycle. Rockland focuses on investments in power generation projects where we can improve functionality, reliability, resiliency and efficiency of the projects in a cost-effective manner.
ENVIRONMENTAL POLICY
Rockland is committed to protecting the quality of the environment as it creates value for its investors. Rockland demonstrates this commitment through our business-operations, which include:
HEALTH AND SAFETY POLICY
Rockland is committed to the health and safety of its employees, contractors and neighbors. We strive to operate industry-leading facilities with respect to the protection of human health and safety, minimize risks to human health and maintain a safe environment in and around our facilities and workplaces. This is a core competency supported by Rockland’s leadership at all levels, and is the collective responsibility of all Rockland employees. This commitment is critical in the selection of our contractors and other service providers, all of whom must share these principles and values Rockland advocates for the health and safety of our employees and onsite service providers by:
SOCIAL RESPONSIBILITY & COMMUNITY INVOLVEMENT POLICY
Rockland strives to be a good neighbor and partner in the communities where it operates by minimizing environmental impact, stimulating local economies through tax revenue, creating job and training opportunities, and hiring local talent. Our efforts include:
HUMAN RIGHTS POLICY
Rockland is committed to being a responsible corporate citizen. We conduct our business operations in ways that seek to respect, protect and promote human rights.
GOVERNANCE POLICY
Rockland clearly defines our commitment to corporate governance and a culture of compliance in our policies and procedures, and we require employees to conduct business with honesty, integrity and fairness. Rockland’s governance is primarily established through the policies contained in our Compliance Manual, investment policies and procedures, NERC and FERC standards, Employee Handbook, and related initiatives. Our legal, compliance and human resources professionals will not only enforce internal policies and procedures to ensure compliance with applicable laws and regulations, but also identify and mitigate potential conflicts of interest and other reputational risks. Additional governance principles include:
INVESTMENT AND DEVELOPMENT ACTIVITIES
We are committed to ensuring that our business activities are conducted in a manner that reflects intentional and responsible ESG management. To accomplish our goal, we examine ESG factors when analyzing, selecting and managing assets where we believe our experience will enable us to operate consistent with industry best practices, reduce risks and impacts to the environment and local communities, and improve the safety and efficiency of operations. ESG factors are among many factors considered throughout a fund’s investment and operational decision making processes. Our investment professionals and subject matter experts conduct extensive diligence on project sites and target assets, including diligence of ESG factors.
ESG POLICY REVIEW
The Chief Compliance Officer will conduct or cause to be conducted periodic reviews of this ESG Policy to ensure the policies set forth herein address then-applicable risks, environmental, legal and regulatory developments, and other relevant factors. Please contact john.mcmullan@rocklandcapital.com with any questions or concerns regarding this ESG Policy.