We apply our ESG integration approach throughout the deal lifecycle, from deal sourcing to exit.
We have developed a digital ESG Assessment Framework to engage with our partner companies to track and monitor progress on ESG KPIs, reflecting the present state, maturity and performance.
The Framework draws guidance from industry leading frameworks such as the UN Principles for Responsible Investment, Global Reporting Initiative (GRI) Standards, United Nations Global Compact, S&P Global’s Corporate Sustainability Assessment (CSA), and Business Responsibility and Sustainability Reporting (BRSR) Framework, amongst others.
We have developed an ‘ESG Private Credit Risk and Maturity Tool’ to ensure ESG risk evaluation in Private Credit investments.
The Tool follows a 5-step due diligence process to screen potential investments.
True North is committed to Climate Action. We have achieved carbon neutrality in our own operations. We have developed our approach to address climate risk of our partner companies through our Climate Risk Assessment Tool which helps them understand their climate risk – both physical and transition, and thereby take steps needed to mitigate the risks identified. We have now embedded climate considerations and associated risks in our investment screening and due diligence process.
We have conducted a Climate Risk Assessment based on the Task Force on Climate-related Financial Disclosures (‘TCFD’) recommendations. We assessed our partner companies across the 4 pillars of TCFD i.e.