Bain Capital Double Impact, LP

Climate Impact & Sustainability Data (2023)

Water Consumption:161.6 billion gallons treated by AqueoUS Vets

Reduced greenhouse gas emissions through Living Earth's organic waste recycling.
Supported Japan Wind Development's expansion of onshore and nearshore wind production capacity.

Increased average employee net promoter score (ENPS) for portfolio companies by 31% (from 2022).
44% of portfolio companies' board members and 64% of management team members are from historically underrepresented groups.
Launched employee incentive programs (e.g., MetCoin at Meteor Education) and enhanced benefits (e.g., employee relief funds at BHI and Excelsia).
Improved patient outcomes and satisfaction across multiple healthcare portfolio companies (e.g., Basic Home Infusion, ConvenientMD, Excelsia Injury Care).

Management compensation tied directly to achieving specified impact results.
Completed third-party verification of alignment with the Operating Principles for Impact Management, receiving an “Advanced” rating across all eight principles.

Challenging economic environment with high interest rates.
Continued learning loss experienced in the aftermath of the COVID-19 pandemic (in education sector).
Shortage of primary care physicians in the US (in healthcare sector).

Active partnership model providing resources and expertise to portfolio companies.
Strategic expansion plans and acquisitions to scale impact and financial results.
Innovative technology-enabled learning models and services to improve educational outcomes and workforce development.
Expansion of primary care services and innovative care models to address healthcare access challenges.

Frameworks Used: Operating Principles for Impact Management, B Impact Assessment

Certifications: B Corp (multiple portfolio companies)

Third-party Assurance: BlueMark

Alignment is achieved through the products and services of portfolio companies and cross-portfolio initiatives.