Climate Change Data

Recognize Partners LP

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Diversity, Equity & Inclusion
  • Responsible Investing
  • Human Rights
  • Employee Well-Being
  • Anti-Corruption
  • Long-term Value Creation

Environmental Achievements

  • Only required travel is allowed across the global workforce at AST.
  • Reduced plastic use at AST with branded water bottles and water refilling stations.
  • Proper disposal of IT equipment at AST through eWorks.
  • Paper shredding provided at AST head office.

Social Achievements

  • AST partnered with Per Scholas to train 24 diverse individuals in Salesforce Administration, resulting in 10 hires.
  • Recognize co-sponsored SureStart's Virtual AI Learning Program, engaging 50 diverse students.
  • AST exceeded its diversity hiring goals for its entry-level consulting program, with 80% of hires being female and 80% from underrepresented minorities.
  • Blend360 achieved high employee satisfaction scores on DEI questions (98% for sexual orientation, 97% for race, 95% for gender, 94% for age).
  • Ciklum raised $560,000 for deploying educational and training complexes for tactical medicine in Ukraine.

Governance Achievements

  • AST presented a Non-Financial Risk Assessment to the Board.
  • AST completed a third-party ESG audit (Malk, 2021).
  • AST installed a confidential, anonymous ethics reporting hotline.
  • AST provided compliance and cybersecurity training.
  • Blend360 established a DEI Council and launched a DEI Training Series.
  • Blend360 implemented inclusive recruiting practices using diversity sourcing and language optimization tools.

Climate Goals & Targets

Environmental Challenges

  • AST faced challenges in providing comprehensive Salesforce training due to limited time and resources.
  • The need to improve diversity and inclusion within the firm and portfolio companies.
Mitigation Strategies
  • AST partnered with Per Scholas to address training needs and improve diversity.
  • Recognize adopted a Commitment to Responsible Investing and supports various partner initiatives to advance diversity in the industry.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: AIC Guidelines for Responsible Investing

Certifications: SOC 2 (Blend360), Great Places to Work (Blend360)