ESG is often framed as a target to be hit or a box to be ticked. At August, we take a deeper view of the relationship between our business and our responsibilities to care for the environment, make a social impact, and act as a good corporate citizen.
In practical terms, there are six core areas where we apply ESG thinking in detail. Our success in these areas ensures our ambitions are matched with measurable action and positive outcomes for all stakeholders, including investors, partners and leadership teams at our portfolio companies.
Potential investments are assessed against a robust set of values-based criteria. We will decline to invest if an opportunity falls within our exclusion criteria.
We engage with a specialist partner to carry out detailed pre-acquisition due diligence from an ESG perspective, analysing 41 areas of potential risk.
New portfolio companies are equipped with a post-acquisition ESG plan of action, outlining key areas of focus for the first 100 days post-acquisition.
Every year portfolio companies are scored against an extensive set of ESG criteria and given new 12-month improvement targets, with progress tracked via our online ESG performance portal.
Drawing on globally recognised models of best practice, we have developed a matrix of 140 key performance indicators to measure ongoing ESG performance.
For any potential acquirers, we can provide a record of ESG performance and improvement over time alongside detailed ESG impact reports.
We are committed to achieving real and tangible results for our investors and our portfolio of companies. We believe in our responsibility to be a positive catalyst for creating a cleaner, healthier, and happier tomorrow but without jeopardising economic growth.
Discover more about our approach to ESG by downloading our detailed report, and if you have any questions please get in touch.