Important Notice: We Support Sustainability – But Assessment Rests with the Client

Dear partners and clients,

Balkan Capital Assets strongly believes in the principles of sustainability and supports initiatives that contribute to a more balanced future from an environmental, social, and economic perspective. We believe that environmental responsibility, social inclusion, and sound governance are essential pillars for global sustainable development.

However, we would like to inform you that, as part of our operational framework, we do not conduct sustainability assessments for proposed projects—neither during the pre-financing stage nor throughout project implementation.

What does this policy entail?

  • We do not evaluate projects based on environmental, social, or corporate governance (ESG) criteria;

  • We do not require sustainability-related documentation as part of the project selection or approval process;

  • We do not condition financial support on compliance with ESG standards or sustainable development goals (SDGs);

  • We do not monitor the implementation of projects from a sustainability compliance perspective.

We support sustainability – but implementation lies with the client

We wish to clearly state that we actively support and encourage the development of sustainable projects. We believe sustainability should be a central concern for every developer or beneficiary of financing. Nevertheless, the legal and operational responsibility for integrating and ensuring sustainability compliance lies exclusively with the client.

If the funding source imposes specific environmental, social, or governance requirements, the applicant is solely responsible for:

  • Identifying those requirements from the outset;

  • Ensuring full and documented compliance;

  • Monitoring ongoing adherence throughout the project’s lifecycle.

Additional Clarifications:

  • Balkan Capital Assets accepts no liability for the absence of sustainability components in the projects we support financially;

  • Our services are strictly limited to financial structuring, funding strategy, and economic feasibility analysis;

  • We do not provide ESG audits, environmental impact assessments, or sustainability compliance reviews;

  • Clients seeking to integrate sustainability into their projects are strongly encouraged to consult with external specialized firms, on their own initiative and responsibility.

Conclusion

Through this communication, we reaffirm our support for projects aligned with sustainable development goals, while emphasizing that the implementation and management of sustainability measures remain solely the client’s responsibility. We remain committed to facilitating the financing of economically viable solutions, while encouraging the adoption of sustainability best practices whenever possible.

Thank you for your trust and for our continued transparent collaboration.

Alexandru Bodislav
Chief Executive Officer | Balkan Capital Assets