Churchill Asset Management LLC
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:2079 tCO2e/year
Scope 1 Emissions:94.0 tCO2e/year
Scope 3 Emissions:1985.2 tCO2e/year
ESG Focus Areas
- Responsible Investing
- Corporate Sustainability
- Diversity, Equity & Inclusion
Environmental Achievements
- Measured operational emissions (2,079 tCO2e - scope 1, 2, and 3 emissions)
Social Achievements
- Certified as a Great Place to Work for the 4th consecutive year (2023 employee turnover rate: 2.6%)
- Launched Churchill’s first Sustainable Finance Disclosure Regulation (SFDR) Article 8 Registered Funds for two marquee strategies
- Nuveen Diverse Managers program: 85% of initial allocation committed to 12 general partners across 13 funds with >51% owned by women and people of color
Governance Achievements
- Developed new proprietary ESG rating tool using ESG Book
- Joined the Thirty Percent Coalition
- Zero cyber breaches in 2023
Climate Goals & Targets
Environmental Challenges
- Limited ESG data in private markets
- Balancing ESG considerations with financial returns
Mitigation Strategies
- Developed proprietary ESG rating tool combining quantitative scoring with qualitative research from ESG Book and Nuveen RI team
- Partnered with The Upright Project to supplement ESG data and provide regulatory reporting estimates
- Advocating for increased disclosure in private markets through ESG Integrated Disclosure Project
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, UN Global Compact, TCFD, SFDR
Certifications: Great Place to Work