Private credit has become one of the fastest-growing asset classes across Australia, Aotearoa New Zealand and global investment markets. As responsible investment claims become increasingly common within private credit strategies, the Certification Program has identified a need for additional guidance regarding how the Responsible Investment Standard applies in a private credit context.
While the Responsible Investment Standard is designed to be asset-class agnostic, private credit structures can present unique considerations relating to borrower confidentiality, lender stewardship, exclusions screening, sustainability-linked lending, impact claims, fund financing structures and portfolio transparency.
The Private Credit FAQs have been developed to provide practical guidance on how existing Certification requirements may be interpreted and assessed when applied to private credit funds and asset classes. The FAQs are intended to support consistent interpretation and application of the Standard across private credit strategies.
The guidance draws on RIAA's assessment experience, evolving market practice and relevant responsible investment, stewardship, private markets and sustainability guidance from Australia, Aotearoa New Zealand and global markets.
Private credit has become one of the fastest-growing asset classes across Australia, Aotearoa New Zealand and global investment markets. As responsible investment claims become increasingly common within private credit strategies, the Certification Program has identified a need for additional guidance regarding how the Responsible Investment Standard applies in a private credit context.
While the Responsible Investment Standard is designed to be asset-class agnostic, private credit structures can present unique considerations relating to borrower confidentiality, lender stewardship, exclusions screening, sustainability-linked lending, impact claims, fund financing structures and portfolio transparency.
The Private Credit FAQs have been developed to provide practical guidance on how existing Certification requirements may be interpreted and assessed when applied to private credit funds and asset classes. The FAQs are intended to support consistent interpretation and application of the Standard across private credit strategies.
The guidance draws on RIAA's assessment experience, evolving market practice and relevant responsible investment, stewardship, private markets and sustainability guidance from Australia, Aotearoa New Zealand and global markets.