Pentagreen Capital Pte. Ltd. is an entity incorporated in Singapore and is a joint venture between ultimate shareholders HSBC and Temasek. Our subsidiary, Pentagreen Capital Fund Management Pte. Ltd. (“the Manager”), has been established in order to provide investment management services seeking to address climate finance gaps in developing Asia, providing debt financing to sustainable infrastructure assets in sectors such as renewable energy, energy storage, sustainable transport, water, waste, circular economy and other relevant sectors, with a focus on Southeast Asia and an allocation to South Asia. Pentagreen is committed to catalyse capital flows to eligible green marginally bankable projects in an environmentally and socially responsible manner whilst delivering outcomes to investors. Pentagreen also maintains a small liquidity portfolio for risk management and cash flow flexibility.
In its investment management activities, Pentagreen applies an Environmental and Social (E&S) framework that is aligned with internationally recognised E&S best practices in our financing activities, including applicable E&S requirements such as local, national, and international laws and regulations in the jurisdictions of operation and international E&S standards such as the International Finance Corporation (IFC) Performance Standards, World Bank Group (WBG) Environmental, Health and Safety (EHS) Guidelines and the UN Guiding Principles on Business and Human Rights.
We believe that this will assist us in mitigating material E&S risks associated with investment management activities and the activities of borrowers and promoting sustainable development outcomes which we monitor and track progress on.
Pentagreen is committed to:
- Avoiding or minimising adverse E&S risks and negative impacts of investments;
- Systematically identifying and managing E&S risks (including health and safety risks) at key stages within the investment cycle (i.e. Pre-Screening, Due Diligence, Final Investment Review, Monitoring), through the implementation and continual improvement of an E&S management system
- Working with investors and borrowers on a commercially reasonable efforts basis (as a debt financier) to apply relevant international E&S standards and best practices, with appropriate targets and timelines for achieving them;
- Being accessible to, and engaging with, relevant stakeholders either directly or through representatives of borrowers, as appropriate (including through the external grievance mechanism);
- Reporting on E&S performance; and
- Developing and maintaining the necessary internal E&S capacity to effectively implement this policy and the E&S management system.
Pentagreen’s Board of Directors is responsible for the approval and review of this policy, which will be reviewed on an annual basis, and in any event when there are applicable changes in the operation of Pentagreen (including processes), and updated when necessary. The Board delegates the responsibility of overseeing this policy's implementation to Pentagreen’s CEO, who appoints the Officer for ESG Risk Management and Impact (ESG Officer). At the operational level, the Investment Team working together with the ESG Officer is responsible for assessing and monitoring E&S risks throughout the investment process. Pentagreen has also established an E&S Committee which serves as a governance platform to provide strategic advice and direction on E&S matters; the E&S Committee meets on a quarterly basis (or as otherwise determined by the E&S Committee), and ad hoc as required.
The policy is communicated to our team to ensure understanding of and adherence to the policy goals, and to all our stakeholders, and it is publicly available on Pentagreen's website.
Marat Zapparov, CEO
August 2025