Guiding Principles for determining our metrics
The ESG Data Convergence Initiative aligned on a set of guiding principles to inform the selection of the core metrics:
Selected from the most accepted and widely regarded frameworks; including GRI/WEF, SASB, and TCFD (and EU SFDR as formalized).
From a financial or societal impact perspective; may be specific to a given industry.
Allowing performance comparisons between portfolio companies and GPs; adequate overlap exists across sectors.
Evolving metrics as tracking improves and understanding and materiality evolves.
Simple to track accurately, with limited total number of metrics to not overburden companies and ensure data quality and integrity.
Tied to specific actions under GPs and portfolio companies’ control.
Metrics should minimize subjectivity or need for interpretation.
Our ESG categories and metrics
- Scope 1
- Scope 2
- Scope 3 (optional)
- Strategy (optional)
- Target (optional)
- Ambition (optional)
- % renewable energy usage
- % women on board
- % women in C-suite
- % underrepresented groups on board (optional)
- % LGBTQ on board (optional)
- Days lost due to injury
- Net new hires (organic and total)
- Employee survey (yes/no)
- Employee survey response (optional)