Alaris Announces the Release of its Inaugural ESG Report



NOT FOR DISTRIBUTION IN THE UNITED STATES.
FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.

CALGARY, Alberta, June 09, 2022 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX:AD.UN) is pleased to announce the release of its 2021 Environmental, Social and Governance (“ESG”) Report, which outlines Alaris’ approach to a responsible ESG framework across three key elements: 1) ESG at the Trust Level, 2) ESG in Our Investment Process, and 3) ESG in Our Portfolio.

“ESG is a strategic priority for Alaris, and we are pleased to present this report as part of our commitment to the accountability and transparency on our approach to ESG. Our ESG initiatives align with our culture at the Trust level, differentiate us as a business, and drive value for our unitholders. Through this report, we share our strategy, progress, and ambition in addressing ESG risks and opportunities – both at the Trust level and within our investments,” said Steve King, President and CEO.

Highlights of the 2021 ESG report include:

1.) Enhancing ESG at Alaris: Alaris published its ESG Policy, developed an ESG Questionnaire for investment due diligence and engaged in educational sessions on ESG and ESG Reporting. In addition, by identifying priority ESG factors within its investment portfolio, Alaris provides materiality mapping for its Private Company Partners to help build and strengthen its ESG framework into its investment process.

2.) Governance: Alaris takes its responsibility to its business, unitholders and other stakeholders seriously, and these obligations require robust governance principles and practice. Alaris’ board is actively engaged in the Trust’s approach to managing ESG issues under a governance framework that provides clear oversight and accountability.

3.) Diversity, Equity & Inclusion: Diversity, equity and inclusion is important to Alaris, and is incorporated in various specific aspects of human capital management throughout the Trust, current Private Company Partners and the Community. At Alaris, 42% of the Board of Trustees were women, 38% of the total workforce are women and 27% of all management positions were held by women. In addition, seven out of eighteen (~39%) of Alaris’ Private Company Partners are women/minority-owned businesses.

4.) Community Engagement: Alaris places a high importance on being good corporate citizens to benefit its communities and engage its employees. Alaris has established a community giving program to support the local communities in which it operates. In 2021, over $110,000 were donated to the community through Alaris’ charity programs.

5.) Empowering Employees: Alaris is committed to implementing best practices to recruit, retain, and develop its employees. By investing in the team’s professional development, it ensures and allows that Alaris fosters a strong culture of learning, and that the Trust remains committed to providing excellent professional development opportunities, as outlined in our Professional Development Policy.

6.) Environmental Stewardship: Alaris operates with a sustainable mindset by enhancing the identification and assessment of climate-related risks and opportunities in our business and our investments. The Trust is working continuously to improve its strategies around sustainability.

Within this report, the Trust has introduced and prepared it in accordance with the Sustainability Accounting Standards Board (SASB) Standards. In addition, Alaris has adopted a phased approach to implementing the Task Force on Climate-Related Financial Disclosures (TCFD) recommended guidelines. To view the Alaris 2021 ESG Report, please click here or visit our website at www.alarisequitypartners.com.

For more information please contact:

Investor Relations
P: (403) 260-1457
ir@alarisequity.com  

About Alaris:

The Trust, through its subsidiaries, indirectly provides alternative financing to private companies ("Partners") in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a "top line" financial performance measure such as gross margin and same-store sales and rank in priority to the owners' common equity position.



Back to News

Conditions for using this site

Alaris Equity Partners Income Trust (“Alaris”) maintains the internet site as an informational service. This site is not intended to supplement or substitute for the legal disclosure for Alaris or for the prospectus disclosure related to a public offering of any of its securities in Canada. Please read the legal notice on the site before you proceed.

Your use of this site is in itself acceptance of the terms and conditions regarding use as stated in the Legal Notice.

U.S. Ownership and Trading Restrictions

To ensure compliance with U.S. securities laws, Alaris’ common shares are subject to a number of ownership and transfer restrictions. Purchases of Alaris common shares are permitted only by non U.S. persons, and in certain private placements to U.S. persons who are “Qualified U.S. Purchasers” and who are not “ERISA Persons”. Information concerning these ownership and transfer restrictions is included in the Investor section of this website under “Ownership and Transfer Restrictions - U.S. Persons.”

The information in this website does not constitute an offering for the sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended..

Use of cookies

When you click Agree below, a small amount of data ("a cookie") will be written to your browser, which will enable you to review information contained on this website. The cookie is valid for two days after which you will be again prompted to accept the website legal notice. The use of cookies is very common on commercial websites and web browsers normally accept cookies. If you have turned this function off in your browser's preferences, you will need to turn it on to gain access to this portion of our website. Alaris Equity Partners Income Trust respects your privacy and no personal information is collected or stored as part of this process.

Agree