Viking Capital is fully dedicated to Environmental, Social, and Governance (ESG) practices. We believe in a holistic approach that focuses on “Planet, People, and Profit” which exemplifies our unwavering commitment to sustainability, social responsibility, and financial prosperity. ESG criteria include aspects such as carbon emissions, waste management, water consumption, employee health and safety, gender representation, diversity, wage equality, child labor, culture and ethics, and cybersecurity, among others. Our COO and co-founder, Ravi Gupta, is the lead ambassador of Viking Capital’s efforts in sustainable ESG investing in the multifamily sector.
ESG covers a wide range of factors and benchmarks. In the Multifamily syndication industry, Viking Capital demonstrates its commitment by acquiring value-add properties that can be improved not only for financial benefits but also to create an energy-conscious and sustainable home for tenants in our apartment communities.
ESG Investing: Balancing Finances and Social Impact
ESG investing works by giving equal weight to a company’s finances and its social impact. Investors increasingly leverage ESG criteria to assess a company’s reliability, drawn to tangible benchmarks that substantiate its success. Viking Capital prides itself in promoting environmentally conscious practices that foster a thriving planet. Our company takes deliberate steps to reduce carbon footprints and invest in eco-friendly initiatives to contribute positively to the global environment.
Green Partnerships: Planting Seeds for a Sustainable Future
In collaboration with One Tree Planted, Viking Capital is embarking on an exciting endeavor to plant trees in Georgia, where we’ve acquired ten multifamily properties. This initiative addresses the rapid expansion of cities like Atlanta, leading to deforestation. By creating and maintaining forests, we aim to provide clean air, water, and wildlife habitat, benefiting both the economy and communities. This partnership demonstrates our commitment to understanding the interconnectedness between business operations and the well-being of the planet. We invite you to explore further about our collaboration aimed at making a positive impact on the environment.
Environmental Considerations through Value-Add
Our commitment to environmental sustainability extends to all facets of our operations, particularly in value-add additions we continue to add energy efficiency measures throughout our value-add phase. Examples are LED lighting, energy-efficient appliances, HVAC systems, and even renewable energy. We prioritize indoor air and water quality, proper ventilation, and natural lighting as well. Green efforts are seamlessly integrated into our strategies to enhance the environmental efficiency of our properties.
Social Impact: Focusing on People
People represent the heart of Viking Capital’s ESG strategy. The company actively engages in initiatives that prioritize social responsibility, aiming to create a positive impact on our properties. This involves fostering diversity and inclusion, supporting local philanthropic causes, and ensuring ethical business practices that prioritize the well-being of employees, investors, and our communities.
As we acquire apartment communities, we strive to enhance the overall wellness of the property by adding various amenities. We prioritize SMART home technology, dog parks, the community clubhouse, and shared workspaces. Our organization is dedicated to providing the same level of diligence to our investors. We strongly believe in transparency and achieving strong financial performance to create stability and alignment for this purpose.
Governance: Balancing Profit and Responsibility
Viking Capital’s ESG philosophy views profit beyond financial gain, embodying a commitment to sustainable and responsible business practices that generate value for our investors. By integrating ESG considerations into decision-making, we align profitability with long-term environmental and social goals. Our aim is to strike a balance between financial success and community well-being.
Through our internal company practices, we prioritize our employees and investors. We offer equal opportunity for development and growth within our organization. We hold ourselves accountable to maintain ethical practices.
Additionally, we make collective decisions to ensure alignment in our overall philosophy and direction.
Our Commitment: Beyond Rhetoric
In summary, “Planet, People, Profit,” reflects a comprehensive and integrated approach to responsible business. This commitment goes beyond rhetoric, showing a genuine dedication to creating a positive impact on the planet, fostering social well-being, and achieving sustainable financial success.