Climate Change Data

Environmental Metrics

ESG Focus Areas

• Decarbonization
• Electrification of transportation
• Education and human capital development
• Shift to healthier foods
• Transition to value-based healthcare delivery
• Growing role of trust in digital interactions
• Workforce relations
• Carbon pricing
• Resource efficiency
• Governance

Environmental Achievements

• Successfully engaged with a specialty chemical company to resolve EPA enforcement action regarding emissions, leading to improved industry fundamentals and a higher stock valuation.
• Invested in a protein-rendering business with a joint venture producing renewable diesel fuel, benefiting from LCFS credits and reduced business risks.

Social Achievements

• Engaged with companies to improve workforce safety, diversity, and communication of sustainability stories.
• Invested in a SaaS company facilitating education delivery and human capital development, addressing SDG #4.

Governance Achievements

• Pressed management of portfolio companies to improve disclosure of executive compensation policy and integrate carbon-pricing scenarios into long-term planning.

Climate Goals & Targets

Environmental Challenges

• Lack of standardization, unaudited data, and outdated ESG information disclosed by companies.
• Inconsistency in ESG data and scoring methodologies from different providers.
• Attracting and retaining talent in portfolio companies.

Mitigation Strategies

• Direct engagement with companies to gather richer data and understand material ESG issues.
• Focus on ESG momentum and its correlation with financial performance.
• Integrated approach to ESG evaluation within traditional financial analysis.
• Encouraging portfolio companies to improve ESG performance and disclosure.

Supply Chain Management

Climate-Related Risks & Opportunities

Transition Risks

• Increasing CO2 emissions costs

Opportunities

• Investing in companies enabling transition to low-carbon economy

Reporting Standards

Frameworks Used: SASB, UN SDGs

Certifications: B Corporation

UN Sustainable Development Goals

• SDG #4 (Quality Education)

Investment in SaaS company facilitating education delivery and human capital development.