Climate Change Data

New Mountain Finance Corporation

Climate Impact & Sustainability Data (2020, 2021, 2022)

Reporting Period: 2020

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Global capital markets could enter a period of severe disruption and instability.
  • We are currently operating in a period of capital markets disruption and economic uncertainty.
  • Adverse developments in the credit markets may impair our ability to secure debt financing.
  • Events outside of our control, including public health crises, could negatively affect our portfolio companies and our results of our operations.
  • Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, harm us.
  • The effect of global climate change may impact the operations of our portfolio companies.
Mitigation Strategies
  • Performed a company-by-company evaluation of the anticipated impact of the COVID-19 pandemic.
  • Will continue to monitor our portfolio companies and provide support to their management teams where possible.
  • We will continue to monitor the rapidly evolving situation surrounding the COVID-19 pandemic and guidance from U.S. and international authorities, including federal, state and local public health authorities, and may take additional actions based on their recommendations.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2021

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • The COVID-19 pandemic and its impact on the overall market environment and the health of our portfolio companies.
  • Inflation and rising commodity prices may adversely impact our portfolio companies.
  • Uncertainty surrounding potential legal, regulatory and policy changes by new presidential administrations in the United States that may directly affect financial institutions and the global economy.
  • The effect of global climate change may impact the operations of our portfolio companies.
Mitigation Strategies
  • Company-by-company evaluation of the anticipated impact of the COVID-19 pandemic, including dialogue with sponsors and portfolio companies.
  • Interest rate risk management techniques to limit exposure to interest rate fluctuations.
  • Monitoring of compliance with applicable laws and regulations.
  • No specific mitigation strategies for climate change are mentioned.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather conditions
Transition Risks
  • New or strengthened regulations or legislation

Reporting Period: 2022

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • The U.S. capital markets have experienced extreme volatility and disruption following the global outbreak of COVID-19.
  • Adverse developments in the credit markets may impair our ability to secure debt financing.
  • Events outside of our control, including public health crises, could negatively affect our portfolio companies and our results of our operations.
  • Inflation and rising commodity prices may adversely impact our portfolio companies.
  • Changes in interest rates may affect our cost of capital and net investment income.
  • The effect of global climate change may impact the operations of our portfolio companies.
Mitigation Strategies
  • We have been closely monitoring, and will continue to monitor, the impact of the COVID-19 pandemic, including new variants of COVID-19, on all aspects of our business.
  • We may use interest rate risk management techniques in an effort to limit our exposure to interest rate fluctuations.
  • We and our service providers are currently impacted by restrictions being enacted by governments and private entities in response to the global COVID-19 pandemic, which are obstructing the regular functioning of business workforces.

Supply Chain Management

Climate-Related Risks & Opportunities