Gladstone Capital Corporation
Climate Impact & Sustainability Data (2023, 2024)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Diversity
- Corporate Governance
Social Achievements
- Appointed Paula Novara as its first racially/ethnically diverse board member in October 2022.
Governance Achievements
- Hired a Director of Investor Relations and ESG to lead investor relations and ESG efforts.
- Adopted a Code of Ethics and Business Conduct.
Climate Goals & Targets
Environmental Challenges
- Identification of voting trends at certain affiliated funds, including withhold votes.
Mitigation Strategies
- Engaged with stockholders to identify rationale for voting trends and implement action items.
- Appointed Paula Novara to the board to increase diversity.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Board Diversity
- Stockholder Engagement
Social Achievements
- Appointed Paula Novara as its first racially/ethnically diverse board member in October 2022.
Governance Achievements
- Annual determination of director independence.
- Adopted a Code of Business Conduct and Ethics.
- Established a formal process for stockholder communication with the Board.
Climate Goals & Targets
Environmental Challenges
- Identification of voting trends, including “withhold” votes at some affiliated funds.
Mitigation Strategies
- Stockholder engagement to identify rationale for voting trends and action items.
- Appointment of Paula Novara to the board.