Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Biodiversity
• Energy, Waste and Water Management
• Transport
• Greenhouse Gas Emissions Reduction
• Climate Change Adaptation and Resilience
• Materials, Product Design and Lifecycle Management
• Animal Welfare
• Human Capital
• Health and Safety
• Customers (Product quality, safety and accessibility, Customer engagement)
• Communities
• Supply Chain (Responsible Sourcing policy and Supplier Code of Conduct, Supply chain mapping and ESG performance improvement, Nature and biodiversity in supply chain, Plastics in supply chain, Transport and logistics in supply chain, Digital emissions in supply chain, Animal welfare in supply chain)
• Policy Management
• Business Conduct (Business ethics and oversight, Data and cybersecurity)
• ESG Integration (Benchmarking and alignment, ESG management and performance, Strategy and reporting, ESG supporting business development, ESG linked-finance)

Environmental Achievements

• Calculated Scope 1, 2 and partial Scope 3 carbon emissions for multiple portfolio companies
• Removed diesel and petrol vehicles from Charterhouse’s fleet
• Achieved carbon neutrality for Scope 1 and 2 emissions for BSL
• Over 90% reduction in Scope 1 Gas emissions for Charterhouse
• 74% reduction in Scope 1 Transport and fleet emissions for Charterhouse
• 28% reduction in Scope 2 emissions for Charterhouse

Social Achievements

• Increased staff pay to maintain standing within the nursery sector for Family First
• Implemented various wellbeing initiatives across multiple portfolio companies (e.g., mental health training, EAP)
• Established numerous employee resource groups focused on DEI and wellbeing
• Exceeded internal target of making 50 charitable connections, establishing 100 in 2023 for AAB
• Launched a sustainability challenge to share knowledge and encourage environmental best practice across all homes and schools for Esland

Governance Achievements

• Established ESG Committees in multiple portfolio companies
• Integrated ESG into board meeting agendas across the portfolio
• Implemented robust cybersecurity measures and certifications (e.g., ISO 27001, Cyber Essentials)
• Developed and implemented comprehensive ESG policies and procedures across the portfolio
• Created the business’ first Audit and Remuneration Committee for Family First

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions
• Increased scrutiny from funders regarding ESG performance
• Evolving legislative environment around ESG reporting (e.g., CSRD, SDR)
• Lack of internal capacity and expertise in ESG for some portfolio companies
• Managing the environmental impact of energy consumption across a large portfolio of companies

Mitigation Strategies

• Developed a structured ESG program with hands-on engagement with portfolio companies
• Partnered with specialist third-party advisors to provide meaningful targets and outputs
• Established standardized metrics and data-collection efforts
• Provided ESG support and training to portfolio companies
• Consolidated waste and energy contracts for Family First to improve oversight and efficiency

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier Codes of Conduct implemented across multiple portfolio companies
• ESG pre-qualification questionnaires for prospective suppliers (Agilio)

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs), UN Principles for Responsible Investment (UN PRI), Taskforce on Climate-related Financial Disclosures (TCFD), Taskforce on Nature-related Financial Disclosures (TNFD)

Certifications: ISO 27001, ISO 9001, ISO 14001, Cyber Essentials, Cyber Essentials Plus

Third-party Assurance: Sustainable Advantage

UN Sustainable Development Goals

• Goal 3: Good Health and Well-being
• Goal 4: Quality Education
• Goal 5: Gender Equality
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 10: Reduced Inequalities
• Goal 11: Sustainable Cities and Communities
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action
• Goal 15: Life on Land
• Goal 16: Peace, Justice and Strong Institutions
• Goal 17: Partnerships for the Goals

Portfolio companies align with relevant SDGs based on their business activities and impact.

Sustainable Products & Innovation

Not disclosed

Awards & Recognition

• Family First’s “Just Imagine Colchester” won community nursery of the year