Climate Change Data

Environmental Metrics

ESG Focus Areas

• Diversity & Inclusion
• Climate Change
• Governance
• Social Mobility
• Responsible Investment

Environmental Achievements

• Measured and offset corporate carbon footprint (scopes 1 & 2 and aspects of scope 3) through ClimatePartner.
• Relocated to a BREEAM-certified office using renewable energy sources.

Social Achievements

• Launched Social Committee to increase social events and cross-team engagement.
• Published Modern Slavery Statement.
• Launched summer internship program in partnership with Fairfield Enterprise.
• 98% response rate on D&I engagement survey.
• Supported multiple charities (Black Heart Foundation, Southside Young Leaders Academy, Smart Works, Fairfield Enterprise).

Governance Achievements

• Improved employee review process.
• Refined ESG Policy, including approach to ESG integration in Structured Credit and alignment with Mediobanca’s Group ESG Policy.
• Published ESG Engagement Policy.
• Received high PRI scores, exceeding peer median scores in all relevant modules.

Climate Goals & Targets

Environmental Challenges

• Significant data challenges remain for measuring the carbon footprint of Structured Credit investments.
• Need to bolster internal infrastructure for managing ESG data of portfolio companies.

Mitigation Strategies

• Focusing on bolstering internal infrastructure and procedures to enhance the efficiency and effectiveness of collecting, storing, and managing ESG data.
• Utilizing third-party data vendor to measure carbon footprint of portfolios (100% for Special Situations corporate long positions exceeding $USD 5m exposure and 100% of Leveraged Credit investments).

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: PRI, TCFD, SFDR, UNGC (indirectly through Mediobanca)