JZ Capital Partners Limited
Climate Impact & Sustainability Data (2023-03 to 2023-08, 2024)
Reporting Period: 2023-03 to 2023-08
Environmental Metrics
ESG Focus Areas
- Environmental Responsibility
Climate Goals & Targets
Short-term Goals:
- Repay Senior Credit Facility and commence distributions to shareholders.
Environmental Challenges
- Illiquidity of investments in unquoted companies and real estate.
- Economic headwinds in Europe and wars in Ukraine and the Middle East impacting European portfolio.
- Macroeconomic risks affecting investment performance and NAV.
- Fluctuations in exchange rates affecting NAV (approximately 24% of investments in non-US dollar currencies).
Mitigation Strategies
- Quarterly review of working capital model to manage liquidity and financial commitments.
- Focus on realizing investments to repay debt and return capital to shareholders.
- Pursuing several significant realizations in European portfolio.
- Maintaining a strong cash position to support illiquid assets.
- Working with brokers to maintain interest in the Company’s shares.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: Ernst & Young LLP
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Climate Change
- Environmental Responsibility
Climate Goals & Targets
Long-term Goals:
- Return all capital to shareholders.
Medium-term Goals:
- Greatly reduce portfolio size over three to four years.
Short-term Goals:
- Return of capital to shareholders, initially approximately $40 million by end of July 2024.
Environmental Challenges
- Economic headwinds in Europe and war in Ukraine impacting the European portfolio.
- Challenges in maximizing the value of investments and returning capital to shareholders within a specific timeframe.
Mitigation Strategies
- Working towards several realizations in both US and European portfolios.
- Controlled management of investments to maximize value.
- Incentive arrangements to retain and incentivize the management team.
- Announced commencement of returning capital to shareholders.