Climate Change Data

Environmental Metrics

ESG Focus Areas

• Diversity, Equity, and Inclusion (DEI)
• Health and Wellness
• Safety
• Wages
• Environmental Sustainability (Energy Efficiency, Decarbonization, Carbon Footprint Reduction)
• Governance (ESG Committees, Board Diversity, Corporate Policies)

Environmental Achievements

• Lindsay Precast reduced carbon footprint by nearly 30tCO2e through cement reduction.
• Lindsay Precast reduced electricity consumption by over 10% and natural gas consumption by 96% at one facility, saving over $16,000 annually.
• SixAxis integrated 100% renewable natural gas at one manufacturing facility.
• SixAxis achieved ISO 14001 certifications at two facilities.
• DuraShiloh received a B- rating from the Carbon Disclosure Project.
• Plasman saved over 72,000 gallons of fresh city water per day at one plant and 3.34 million gallons annually at another.
• Banner Industries saw steady year-over-year decline in energy and water intensities.

Social Achievements

• Launched 25 by 25 program aiming to increase base wages to $25/hr.
• Implemented Level Up Safety program, assessing over 80 portfolio locations and correcting over 1200 safety issues.
• Arrow Tru-Line saw a 42% decrease in employee turnover since acquisition.
• Race Winning Brands refreshed and rolled out a robust employee engagement program.
• HLC implemented a program to provide internships to disadvantaged community members, with two interns transitioning to full-time employment.
• Alco saw a 6% improvement in racial diversity.
• New Eagle's 2023 intern class was 31% racially diverse and 12.5% female.

Governance Achievements

• Established ESG Committees on all Boards of Directors.
• Implemented annual ESG target setting for portfolio companies.
• Developed Portfolio Investment 5-year plans with an ESG playbook including over 300 initiatives.
• All new funds are EU Sustainable Finance Disclosure Regulation Article 8 aligned.

Climate Goals & Targets

Environmental Challenges

• Meeting increasing demands for carbon emissions data from LPs and customers.
• Improving safety performance across portfolio companies.
• Attracting and retaining diverse talent in traditionally lagging industries.
• Addressing employee engagement concerns.

Mitigation Strategies

• Partnered with Gravity Climate to measure carbon footprints and develop decarbonization plans.
• Deployed third-party safety assessments (Ensafe and Banner Management Consulting) and implemented corrective actions.
• Implemented DEI initiatives, including on-campus recruitment and employee engagement programs.
• Conducted employee engagement surveys and implemented improvements based on results (e.g., monthly roundtables, employee recognition programs).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: UN Sustainable Development Goals, Principles for Responsible Investing (PRI)

Certifications: ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 1: No Poverty
• SDG 3: Good Health and Wellbeing
• SDG 4: Quality Education
• SDG 5: Gender Equality
• SDG 6: Clean Water and Sanitation
• SDG 7: Affordable and Clean Energy
• SDG 8: Decent Work and Economic Growth
• SDG 12: Responsible Consumption and Production
• SDG 13: Climate Action

Portfolio investments are assessed for alignment with these SDGs.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 2022 Innovator of the Year (BluWave)
• 2023 Top PE Innovator of the Year (BluWave)
• 2022 PE Innovators in ESG (Mergers and Acquisitions)
• Best ESG Firm: Small Cap PE Wire
• Best Corporate Sustainability Initiative: Management Company PE Wire
• Best Social Initiative: Management Company PE Wire
• Great Places to Work 2024
• Women Transforming Business - Alicia Motomura CBIZ