Vitruvian Partners is committed to responsible and sustainable investment principles – it is good business practice and good citizenship. Environmental, social and corporate governance (“ESG”) issues and considerations frame our investment approach and our firm.
A well-designed and well-implemented ESG approach is of positive societal and economic value to any business, through the enhancement of revenues and reputation and the reduction of risks and costs.
Our investment strategy focuses on asset light, low carbon businesses. We work in partnership with our portfolio companies to reduce emissions wherever possible and to implement ESG objectives and KPI’s that are relevant to their business. We actively support regulatory improvements and the opportunities they provide for innovation. We have a dedicated sustainability thematic investment team.
Vitruvian has been a signatory of the UN supported Principles of Responsible Investment (“PRI”) since 2017.
unpri.org
Our portfolio companies are typically, established, profitable businesses with experienced senior managers; they are predominantly headquartered in Northern European countries.
Vitruvian is committed to reducing its overall impact and that of its portfolio companies on the environment.
We have been carbon neutral since 2019.
We assess our portfolio against climate risk scenarios within the recommendations of the Task Force on Climate Risk Disclosure (TCFD).
Vitruvian is authorised and regulated by the UK Financial Conduct Authority.
Vitruvian is a signatory to the United Nations Principles of Responsible Investment.
In our ESG practice we reference international standards such as SASB, the IFC and the OECD Principles of Corporate Governance.
Vitruvian has an actively managed culture.
Everyone, whether internal or external, are treated with fairness and respect for their physical and mental well being.
Diversity and inclusion, codes of conduct and employee well-being are as important to us as they are to our portfolio companies.
Stewardship is integral to our business model. Our presence on company boards ensures a high quality of governance.
Where Vitruvian has control we appoint an ESG champion to deliver on agreed ESG objectives and KPI’s. This approach is bespoke to each portfolio company and has proven to be successful across the board.
Vitruvian hosts an annual ESG conference for its portfolio companies and interested LP’s. In 2021 the themes were Carbon Measurement, Science Based Target setting, Renewables, EU regulatory Landscape and Data Privacy.
Our team engage with policy makers, activists and wider communities to better understand and support the ESG trends driving businesses.
Vitruvian has offset its unavoidable emissions by supporting the Kasigau conservation corridor in Kenya. This UN supported Gold Standard project delivers extensive social and economic benefits to the local community as well as conserving an important wildlife habitat.
