Victory Capital Announces Publication of Inaugural Corporate Social Responsibility Report

Rhea-AI Summary

Victory Capital Holdings (NASDAQ: VCTR) has released its inaugural Corporate Social Responsibility (CSR) report, highlighting significant initiatives aimed at benefiting stakeholders. The report outlines the company’s Responsible Investing approach, detailing practices in human capital development and ESG factor integration in investment decisions. As of June 30, 2021, Victory Capital manages $161.9 billion in assets, offering diverse investment strategies through its 10 Investment Franchises and a Solutions Platform. For further insights, the full report is accessible here.

Positive

• Inaugural CSR report showcases commitment to corporate social responsibility and stakeholder engagement.
• Highlight of Responsible Investing strategies which integrate ESG factors into investment decisions.
• Demonstrates a focus on human capital development and diversity in attracting talent.

Negative

• None.

Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”) today reported that it has published its first report detailing the Company’s Corporate Social Responsibility (CSR) initiatives.

“Our inaugural CSR report illustrates many of the tangible actions we undertake as an organization to create positive outcomes for our numerous stakeholders,” said David Brown, Chairman and CEO of Victory Capital.

In addition to enterprise-level CSR highlights, the report also provides information related to Victory Capital’s approach to Responsible Investing (RI). Please click here to access the full report.

Brown added, “From practices related to human capital development, where we have long-established policies designed to attract and retain the most diverse and talented professionals, to integrating ESG factors into fundamental research conducted during our investment decision-making processes, the report features many activities meant to produce real results. In addition, we profile several employees to provide insight into our people, who make up the fabric of our culture and our firm.”

About Victory Capital

Victory Capital is a diversified global asset management firm with $161.9 billion in assets under management as of June 30, 2021. The Company operates a next-generation business model combining boutique investment qualities with the benefits of a fully integrated, centralized operating and distribution platform.

Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors. With 10 autonomous Investment Franchises and a Solutions Platform, Victory Capital offers a wide array of investment styles and investment vehicles including, actively managed mutual funds, separately managed accounts, active ETFs, multi-asset class strategies, custom-designed solutions and a 529 College Savings Plan.

For more information, please visit www.vcm.com or follow us: Twitter and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210720005676/en/

FAQ

What did Victory Capital Holdings report in their CSR report?

Victory Capital's CSR report details their initiatives in responsible investing, human capital development, and stakeholder engagement.

How much assets does Victory Capital manage as of June 30, 2021?

Victory Capital manages approximately $161.9 billion in assets as of June 30, 2021.

Where can I access Victory Capital's CSR report?

The full CSR report can be accessed here.

What is the significance of the CSR report for Victory Capital stockholders?

The CSR report reflects Victory Capital's commitment to responsible business practices and stakeholder interaction, which could positively influence investor sentiment.