ESG portfolio Due diligence and action plan

An important part of understanding our portfolio companies’ ESG performance is through data collection. As such our ESG Framework is distributed annually to gather portfolio data, enabling us to track and report progress and provide relevant guidance to companies. We are also in the process of developing a proprietary Sustainability Toolkit with tailored tools and resources for portfolio companies to improve their ESG performance. We plan to roll this out to our portfolio companies during the year ahead.

Portfolio engagement

This year, we hosted our first remote portfolio ESG Engagement Event led by external advisers, ITPEnergised. The event focused on carbon emissions, reduction and offsetting, providing insights on industry trends and ESG value-add for early and growth-stage tech companies using a range of detailed case studies. We plan to build on the positive reception to this event with a second portfolio engagement session during FY23 on the implementation of Diversity, Equality & Inclusion initiatives throughout recruitment, internal operations and beyond.