Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• Diversity, Equity & Inclusion

Environmental Achievements

• 30% of companies reported the consumption of renewable energy in 2021
• Investment in Northstar Recycling with a Sustainability-Linked loan, the first believed to be in the US, with pricing mechanisms linked to ESG goals (waste diverted from landfills)

Social Achievements

• 1,000+ net new hires in 2021 across the active portfolio of companies
• 72% of companies evaluate company-specific Health and Safety KPIs annually
• 56% of companies participated in charitable events and philanthropic contributions totaling over $420,000 were made in 2021
• Engaged Diversity Works for a diversity study, resulting in a formal DEI statement, formation of a women's ERG, and plans to sign the ILPA Diversity in Action Initiative in 2023

Governance Achievements

• Established ESG as a Core Governing Committee at Ridgemont

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Require supply chain partner evaluations to increase alignment with E, S, and G goals

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB, GRI, UN PRI

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• Diversity, Equity, and Inclusion (DE&I)

Environmental Achievements

• Crete United: ProStar’s energy efficiency projects offset nearly 60 million kWh of electricity, the avoided emissions equivalent of using nearly 5 million fewer diesel gallons annually
• Crete United: AC Corporation diverted 86% of its waste from landfills (3,246,940 pounds)
• Crete United: Centraire created a more efficient homeless shelter, saving over 260 mtCO2e of emissions
• RoadOne: Achieved recognition by the U.S. Environmental Protection Agency as a registered SmartWay® Transport Partner
• RoadOne: First in the U.S. to install an electric switcher at Oakland, CA facility, powering 175% of demand renewably
• HemaSource: ~65% overall reduction in annualized shipments (3,300) since 2017, resulting in over $207,000 in annualized savings

Social Achievements

• National Power: Launched National Power University, an in-house training program with over 500 courses offered, resulting in over 40 employees completing courses and accumulating >500 total learning hours
• Named to Mergers & Acquisitions inaugural Best Places to Work in Private Equity award list

Governance Achievements

• Became a signatory of the United Nations-supported Principles for Responsible Investment (PRI)
• Established Operating Executive Council to contribute to key value creation measures, including expertise on compliance and ESG
• Conducted equity compensation audit at Ridgemont with an outside legal partner as part of our commitment to diversity, equity, and inclusion (DE&I)
• Updated ESG Policy to account for considerations of climate change
• Added additional portfolio company data collection metrics to address Principal Adverse Impacts (PAI) in response to European reporting standards
• Able to collect dataset for reporting on all REP Fund III and IV portfolio companies
• Continued benchmarking through inaugural participation in the ESG Data Convergence Initiative (EDCI)

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: PRI, EDCI

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Mergers & Acquisitions inaugural Best Places to Work in Private Equity award