Platinum Equity Advisors, LLC
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: PRI, SASB, UN Sustainable Development Goals (SDGs)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Talent and Culture
- Cybersecurity, Data Privacy and Compliance
- Environment
- Climate Change
- Governance
Environmental Achievements
- 100% of portfolio companies implemented ESG initiatives
- 87% of portfolio companies reported ESG metrics to Platinum Equity
- Calderys recycled 7.5% of materials used in Turkey refractory plant production
- Ingram Micro successfully transitioned to renewable fiber mailers at its advanced logistics centers
- Pelican repurposed nearly 300 tons of reground plastic in its products
- Solenis saved 15 million gallons of water in 2023 by North American sites
Social Achievements
- Launched “Portfolio Company Days” to bring employees together
- Deluxe partnered with Warner Bros. Discovery to create the first-ever American Sign Language (ASL) version of Barbie on Max
- Jostens Renaissance® program engaged over 6,000 schools
- McGraw Hill leveraged AI to personalize learning experiences
- NDC transitioned towards SmartWay-registered carriers
Governance Achievements
- Refreshed ESG governance; launched ESG Leadership Committee
- Included ESG heat map in Investment Committee memo for all Platinum platform acquisitions
- Hop Lun converted its existing syndicated bank loan into Hong Kong’s first-ever Private Equity-backed Sustainability Linked Loan (SLL)
- Oregon Tool revitalized its ESG Council
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050 (for Solenis)
Medium-term Goals:
- Honing and deepening Ops 6.0 ESG toolkit
- Prepare for increasing global ESG regulations
Short-term Goals:
- Improve transparency through data collection and analysis
- Implement critical-incident processes
- Submit first PRI Transparency Report
Environmental Challenges
- Evolving ESG regulatory landscape
- Integrating ESG across diverse portfolio companies
- Data collection and standardization across portfolio companies
- Climate change impacts on portfolio companies
Mitigation Strategies
- Enhanced ESG governance model
- Operationalized ESG Playbook (Ops 6.0)
- Collaboration with third-party experts and vendors
- Support for portfolio companies in developing and implementing ESG initiatives
- Continuous monitoring and assessment of ESG risks and opportunities
Supply Chain Management
Responsible Procurement
- Supplier sustainability requirements (for Hop Lun)
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Heat stress
Transition Risks
- Regulatory changes
Opportunities
- Energy transition and decarbonization
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, PRI
Sustainable Products & Innovation
- Calderys' recycled materials
- Ingram Micro's fiber-based mailers
- Pelican's repurposed plastic
- VENTORA's energy-efficient windows