CIC Group philosophy
CIC was founded to support the development of innovation and entrepreneurship in the Cambridge ecosystem. CIC, and funds managed by CIC, invest in entrepreneurial founders building category leading, global businesses based on intellectual property developed in, or connected with, Cambridge.
CIC seeks to achieve strong financial returns for its shareholders, and the investors in funds managed by the CIC Group, by investing in best-in-class companies and supporting the growth of those companies with resources available to the CIC Group. Incorporating ESG principles into CIC’s investment practice aligns the investment activities with the core values of the CIC team and broader societal objectives. CIC believes that evaluating ESG risks and opportunities in its internal operations and investment practice will enhance financial returns for shareholders over the long term.
As an anchor institution in the Cambridge ecosystem, CIC seeks to demonstrate leadership in its investment practice, including the consideration of ESG issues in its investments. CIC works with partners and co-investors in Cambridge, and the broader innovation ecosystem, to accelerate the incorporation of ESG issues into portfolio company operations.
CIC is a signatory of the United Nations Principles for Responsible Investment. These principles advocate for a transparent and evidence-based investment and stewardship process that incorporates ESG issues.
By enabling the transition of innovation and entrepreneurship into global businesses, CIC’s investments are expected to deliver a positive impact, both in terms of the goods and services produced and in terms of the businesses themselves. CIC’s focus on life science and technology solutions delivers real benefits for stakeholders: CIC seeks to understand and capture this positive impact. Where appropriate, CIC also explores opportunities to enhance this impact in line with commercial imperatives. In addition, CIC’s investments generate employment. This policy outlines how CIC will identify and report on these positive impacts. At the same time, all businesses have the potential for negative ESG impact. This policy outlines how CIC will identify, mitigate, manage and report on ESG risks.