Environmental, Social & Governance

“We are caught in an inescapable network of mutuality, tied in a single garment of destiny.”

—   Martin Luther King Jr., Letter from Birmingham Jail

These words are the preface to our environmental, social, and governance (ESG) policy. These words rang true when originally penned in 1963 and still resonate today.

We aspire to reflect this interrelatedness in every action we undertake, premised on the firm belief that sustainable practices must permeate every aspect of business: those that incorporate such practices with urgency will consistently outperform those that do not.

We seek to create portfolio companies that are leaders in sustainable business practices, driving environmental benefits over costs, superior safety performance, and inclusive workplace cultures that perform.

By integrating ESG into our ethos, we broaden our analysis and better mitigate risk, foster transparency, and positively influence value.  

Our ESG process builds upon responsible investment guidelines, including the United Nations (UN) Principles for Responsible Investment and Sustainable Development Goals.

Sustainability

sustainable

adjective

  1. the ability to fulfill a present need without the compromise of a future one

  2. a mature and growing attractive investment sector presenting a timely private equity opportunity
    (businesses that manage the efficient use of resources, waste streams, recycling, and clean energy)

Investing in a “transition” to sustainability was last decade’s strategy. Sustainability is our core strategic pillar and influences every aspect of the firm, including our business operations, investment decision-making processes, management of investments, stakeholder engagement, and beyond.

We invest in businesses and assets that advance the sustainable and circular economy. We ask ourselves whether our investments:

  • demonstrate a measurable and material, beneficial, long-lived environmental proposition;

  • show potential to meet rigorous environmental, health, and safety standards;

  • implement governance standards to improve reporting and transparency.

Upon investment, we engage meaningfully and partner with management teams to transparently report sustainability-related data. We strive for authenticity – not greenwashing – so we can set ambitious goals for continuous improvement.