Clairvest Group Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Invested well over $30 million in recycling facilities, increasing recycled percentages in communities and reducing landfill waste.
- Early adopter of automated side-loader residential collection trucks, reducing emissions by increasing pick-ups per truck.
Social Achievements
- Created thousands of new jobs through investments.
- Implemented comprehensive code of conduct with annual employee training.
- Partnered with University of Toronto's Rotman School of Finance to promote women in private equity.
- Significant track record of community philanthropy.
Governance Achievements
- Rigorous governance procedures as a Canadian public company (independent board, audit committee, whistleblower policy, etc.).
- Extensive background checks on investment partners.
- Screens investment partners and limited partners for political sanctions and AML issues.
- Requires board representation and detailed reporting from portfolio companies.
Climate Goals & Targets
Environmental Challenges
- Balancing environmental impact with customer requirements and alternatives.
- Addressing problem gambling in the gaming industry.
Mitigation Strategies
- Environmental due diligence (Phase I and II reports), specialized environmental counsel.
- Industry-leading programs and procedures to address problem gambling (staff training, self-exclusion programs, responsible gambling signage, educational programs).