Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Governance
• Responsible Consumption and Production
• Decent Work and Economic Growth

Environmental Achievements

• 1850 tCO2e total carbon offset by portfolio
• 100% companies calculated Scopes 1 & 2 GHG emissions
• 3/17 companies committed to Net Zero
• GPS returnable crate system reduces GHG emissions by 37%, 69%, and 69% over 10 years in different geographies
• NWP diverted over 300,000 tonnes of waste from landfill and incineration, reducing GHG emissions

Social Achievements

• 52% women in workforce across portfolio
• 8/17 companies with good ESG governance policies
• 10/17 companies with employee engagement survey
• Spencer Ogden won multiple awards for inclusive work environment and sustainability leadership
• Western Global recognized as one of the top ten manufacturing companies to work for by Fortune magazine

Governance Achievements

• 100% companies have ESG as a board agenda item
• 100% companies with an ESG action plan
• 8/17 companies with DE&I policy
• ESG Policy in place guiding investment practices
• ESG Working Group established to oversee policies and initiatives

Climate Goals & Targets

Environmental Challenges

• Varying levels of ESG maturity across portfolio companies
• Data collection and standardization across diverse portfolio
• Balancing short-term investment goals with long-term ESG objectives

Mitigation Strategies

• Developed a comprehensive ESG metric set of over 150 data points
• Provided bespoke support from sectoral experts to ensure high-quality data
• Implemented a stewardship approach with ESG reviews, ratings, and action plans
• Engaged external ESG consultancies for in-depth reviews and support

Supply Chain Management

Responsible Procurement

• ESG vetting of suppliers (NWP)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Investment in renewable energy
• Development of sustainable products and services

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (UN SDGs), UN Principles for Responsible Investment (UN PRI), TCFD, SFDR

Certifications: ISO 9001, ISO 14001, ISO 45001, CarbonNeutral®

UN Sustainable Development Goals

• Goal 5: Gender equality
• Goal 8: Decent work and economic growth
• Goal 9: Industry, innovation and infrastructure
• Goal 12: Responsible consumption and production
• Goal 13: Climate action

Investments contribute to these goals through various initiatives detailed in the report

Sustainable Products & Innovation

• GPS returnable crate system
• NWP's organic waste recycling

Awards & Recognition

• Spencer Ogden awards for inclusive work environment and sustainability leadership
• Western Global recognized as one of the top ten manufacturing companies to work for by Fortune magazine