Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Social Achievements

• Formalized ESG Policy in 2021, providing annual updates starting in 2022. Investments in ESG-focused companies.

Governance Achievements

• Adopted the 2018 Quoted Companies Alliance Corporate Governance Code for Small and Mid-Sized Companies (QCA Code).

Climate Goals & Targets

Environmental Challenges

• Market volatility affecting portfolio valuations.
• Increased investor focus on profitability.
• Speed of technological change.
• Large number of investment opportunities.
• Valuation of investments.
• Key people risk.
• Portfolio valuation dominated by single or limited number of companies.
• Non-controlling positions in portfolio companies.
• Uncertain timing of portfolio company realisations.

Mitigation Strategies

• Diversified portfolio across core investment sectors.
• Selling partial stakes in successful holdings to reinvest.
• Four-filter investment process and due diligence.
• Focus on core TMT segments with expertise and networks.
• Investing in companies already generating revenue.
• Regular investment reviews (minimum every six months).
• Database of portfolio company KPIs.
• Securing board representation where possible.
• Emphasis on skilled, professional founders.
• Investing in companies with good exit opportunities.
• Equity fund raises.
• Maintaining sufficient cash resources.
• Sharing databases across senior management.
• Bonus plan for staff retention.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA Code

UN Sustainable Development Goals

• SDG 5
• SDG 8
• SDG 10
• SDG 11
• SDG 12
• SDG 13
• SDG 15

Several portfolio companies' business objectives focus on one or more UN SDGs.