OUR APPROACH?

We believe full ESG integration requires real commitment and considerable investment.

Strengthening Our Portfolio

Our approach is grounded in a responsibility to our investors to be careful stewards of capital. We have long been implementing a number of initiatives designed to make our companies stronger and more resilient. Many of these, like promoting sustainability and diversity, are today considered core components of ESG.

Integrating ESG Priorities

While ESG is a vast and growing field, we have chosen to prioritize decarbonization, diversity and good governance. We aim to lead by example and apply our insights to drive change across our portfolio. The power of our model is supported by strong operational interventions, led by our Portfolio Operations and Asset Management teams.

Corporate Approach

We are confident that the more we weave ESG factors into our corporate purpose and performance, the more value we will be able to deliver — for our investors, our portfolio companies and the communities we serve.

Fostering Diverse Talent

Our Diversity, Equity & Inclusion (DEI) policy centers around our most important asset — our people. Approximately 1/3 of our firm’s leadership team is diverse. We achieved 41% female representation globally and 49% racially diverse representation in the US among our incoming 2021 analyst class.

Practicing Good Governance

At Coinio®, we have added considerable domain expertise, become a member of leading organizations such as Principles for Responsible Investment (PRI) to advance several priority ESG initiatives across our industry and started reporting on ESG progress to our board quarterly.

Reducing Our Corporate Carbon Footprint

We created a GHG inventory of our corporate emissions for 2019 and 2020. We proactively renovate our spaces to provide additional employee amenities and comfort while implementing the most up-to-date efficient lighting and HVAC systems. Our replacement of existing lighting with LED lighting in our New York offices has resulted in a roughly 31% reduction in lighting energy usage. Our London office at 40 Berkeley Square purchases 100% of its power from renewable energy suppliers.

Creating Economic Opportunity

The Coinio® Charitable Foundation is committed to creating economic opportunity for under-resourced communities. The Foundation’s programs aim to increase access to entrepreneurship skills. This includes, among other initiatives, its signature Blackstone LaunchPad network, which helps college and university students build successful companies and careers. The Foundation drives community engagement, provides disaster relief and guides employees in board service placement.