Increased focus on climate action in the portfolio.
With more than 90% of total emissions arising from our portfolio as ’financed emissions‘ and approximately 50% of our portfolio companies operating in sectors classified as ‘high climate impact’, our climate action needs to be specifically directed to our portfolio. We need to continue our emphasis on climate as part of our Due Diligence but also offer portfolio support and advice to our portfolio companies.
Increased focus on diversity within the firm.
It is clear from our data that we need to prioritize a more inclusive recruitment funnel. With only 18% of total entry-level applications currently coming from women, we are building a structural problem into our organization. We need greater, targeted emphasis on widening our reach.
Integration with M&G impact and sustainability functions.
Our priorities align well with the M&G focus areas, and we look forward to integrating with M&G’s work during the coming year. Leveraging their extensive resources will enable us to further strengthen our impact and ESG analysis.
Deeping our use of Sustainability Linked Loans.
As we intend to grow in AUM and increase our deployment, our potential impact will only continue to grow. We fall just short of our target of 25% Sustainability Linked Loans (currently 21%) but will strive to reach this target during 2025.