Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Volatile market conditions reducing the value of assets under management and causing client withdrawals.
• Inability to maintain current fee structure due to poor investment performance, competitive pressures, or changes in business mix.
• Loss of key investment professionals or senior management.
• Unsuccessful efforts to establish and integrate new investment teams or strategies.
• Conflicts of interest arising from the rights of Class B unit holders.
• Extensive and rapidly changing regulations.
• Litigation risks.
• Intense competition in the investment management industry.
• Negative impact of the COVID-19 pandemic on revenue levels.
• Fluctuations in the amount and mix of AUM, and a shift toward lower-fee products.

Mitigation Strategies

• Disciplined approach, focus on value creation, and commitment to shareholders.
• Continued efforts to provide investment returns and service that justify fees.
• Retention strategies for key personnel, including equity ownership.
• Careful due diligence in strategic investments and acquisitions.
• Implementation of procedures and controls to address conflicts of interest.
• Monitoring and prompt reaction to legislative and regulatory changes.
• Risk management policies, procedures, and systems.
• Strategies to compete effectively, including superior investment performance, client service, and differentiated products.
• Business continuity plans to mitigate the effects of the COVID-19 pandemic.
• Strategies to manage asset mix and maintain revenue levels.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Maintained an extraordinarily high partner and employee retention rate.
• Provides internal professional development to all members of the firm through the Silvercrest Academy.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Volatile market conditions
• Competition for qualified investment, management and marketing and client service professionals
• Significant growth may be difficult to sustain
• Extensive and rapidly changing regulation
• Increasing scrutiny from stakeholders on ESG matters
• COVID-19 pandemic
• Ongoing conflicts in Ukraine and Gaza

Mitigation Strategies

• Disciplined approach, focus on value creation, and unwavering commitment to shareholders
• Competitive compensation model (cash and equity-based incentives)
• Strategic hires and acquisitions
• Monitoring and promptly reacting to legislative and regulatory changes
• Managing ESG-related expectations across stakeholders
• Evaluating liquidity and financial position on an ongoing basis
• Monitoring the impact of the conflicts on business, operations and financial results

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used:

Certifications:

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed