In 2022 and 2023, scrutiny of sustainable and impact investing continued to grow. Critics see a style of investing that incorporates social and environmental performance as either insufficient to address the moment — one in which the severity of climate change’s impacts is clear and growing, and inequality continues to proliferate — or else a violation of an investors’ fiduciary duty. As longtime investors in private equity impact, we’ve been focused on countering the latter contention for
nearly a decade, demonstrating that strong, risk-adjusted returns can be achieved. This year, we’ve turned our attention to the former — sharpening our focus on the
real-world outcomes that we achieve via our investments.
2022-2023 PE impact report highlights include:
- How we measure environmental and social impact to drive an inclusive climate transition
- How we assess exposure to and management of material ESG risks
- Deep-dive data on...
- physical risks from a changing climate
- portfolio carbon emissions
- gender and racial equality in our companies
- impact performance across our portfolio
- Updates to our impact management framework process and our impact target setting approach