Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• Inclusion & Diversity

Environmental Achievements

• 100% of control investments deployed measures to reduce their environmental impact
• Reduction of greenhouse gas emissions equivalent to those generated by driving over 600 passenger vehicles for one year (Merit Hill)
• Suntex Marinas initiated a program to replace Open Cell Foam Blanks with Encapsulated Foam alternatives to reduce microplastic leakage.
• Self Storage Group ASA sources 100% of its electricity for its Norwegian properties from renewable and carbon-neutral sources.
• Lennar Single Family Rental venture implemented various measures to reduce environmental impact (lighter drywall, recycled content flooring, LED lighting, water efficiency technology).

Social Achievements

• At least two diverse members on every new portfolio company board.
• Launched CUNY Futures in Finance, an industry partnership to connect diverse talent with careers in finance.
• auxmoney placed its first asset-backed security of EUR 250 million, financing people often inadequately served by traditional banks, promoting financial inclusion.
• FreshDirect implemented initiatives supporting sustainable and ethical food production, including partnerships with Equal Exchange and grass-fed meat farms.
• Forbright Bank dedicated half of its assets to financing companies involved in the transition to a low-carbon economy and partnered with Mosaic for clean energy loans.

Governance Achievements

• Became a signatory to the Principles for Responsible Investment (PRI).
• Joined ILPA’s Diversity in Action Initiative.
• Committed to collecting and reporting on select ESG performance data by joining the ESG Data Convergence Project.
• Enhanced ESG integration model in private equity with 100% of Portfolio CEOs signing Centerbridge’s Sustainable Value Creation Commitment Statement and >90% of portfolio companies discussing ESG factors at the board level.
• Initiated the creation of an ESG integration model for credit investments using Sustainalytics® and RepRisk®.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• FreshDirect's responsible sourcing practices (Fairtrade bananas, sustainable meat and fish sourcing).

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: PRI

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Diversity, Equity and Inclusion (DEI)
• Climate Change
• Governance
• Community Engagement

Environmental Achievements

• Partnered with energy services consultants to implement building improvements (LED retrofits, water-efficient technologies, solar panel installation) resulting in water savings and LED lightbulb conversions across investments.
• American Bath Group's "Lights Out" program achieved 36% LED lighting installation with a target of 100% by 2024 and is partnering with a consultant for energy audits and renewable energy evaluation.
• Suntex Marinas replaced docks with encapsulated floatation, eliminating microplastic leakage and reducing environmental contamination.
• Forbright allocated $100 million of Green Bond proceeds toward renewable energy, avoiding an estimated 10,680 metric tons of CO2 equivalent emissions per year.

Social Achievements

• Nearly 80% of Centerbridge's 2023 Associate class is diverse.
• Formalized DEI goals for the next three years, including increasing Firmwide Black and Hispanic/Latino/Latina representation by more than 35%.
• Launched initiatives such as Diverse Associate Super Day, Diverse Summer Internship Program, and sponsorship of ALPFA.
• Help at Home established a Caregiver Emergency Relief Fund.
• Sevita established a Diversity, Equity, Inclusion and Belonging (DEI&B) Council.

Governance Achievements

• Developed a rigorous approach to incorporating ESG considerations into control investments, including an ESG diagnostic during diligence, annual portfolio ESG performance assessment, and required annual board discussions on ESG.
• Incorporated ESG review into the 2023 proxy voting process (Credit).
• CEO compensation at Help at Home partially tied to a new quality initiative.
• A portion of executive teams’ annual bonus and/or long-term equity incentive plans at Help at Home and Sevita are tied to achieving relevant ESG targets.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: 100% of direct spend covered by sustainability assessment questionnaire to suppliers (Garrett Motion)

Responsible Procurement

• Sustainability assessment questionnaire to suppliers (Garrett Motion)

Climate-Related Risks & Opportunities

Physical Risks

• Natural disasters and other climate-related risks (Real Estate)

Transition Risks

• Not disclosed

Opportunities

• Energy efficiency improvements (Real Estate)

Reporting Standards

Frameworks Used: UNPRI, ICMA Social Bond Principles (2021 edition)

Certifications: ISO 14001 & ISO 50001 (Garrett Motion)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Lennar SFR Venture homes built with environmentally sensitive materials.
• Garrett's electric vehicle technologies.

Awards & Recognition

• GlobalCapital European Securitization Award for auxmoney's debut social bond issuance
• European “ESG Securitisation of the Year Award” for auxmoney's second issuance