Triton Showcases Responsible Investment Report
Frankfurt (Germany) / London (UK) / Stockholm (Sweden) December 16, 2020 – Building on its eight-year-old ESG-programme, today, Triton has released the publication of its first Responsible Investment report. Publishing this report demonstrates the firm’s continued commitment to the integration of ESG into the heart of its business and portfolio companies.
The report, available for download on Triton´s website, aims to document Triton’s commitment to relevant and significant environmental, social and governance (ESG) issues and gives our stakeholders an overview of how we have performed in these areas. This report summarises our ESG programme and how we integrate it into what we do, including details of our ESG materiality assessment, material Sustainable Development Goals (SDGs) and approach to managing climate-related risks and opportunities. It also contains baseline ESG performance data from 2019 against which we will measure progress going forward.
“We are pleased to present our first Responsible Investment report which sets out our programme and the progress we have made. We’re beginning to estimate the financial value preserved and created from our ESG programme, piloting an approach with metrics linked to energy efficiency improvements, accident minimisation and absenteeism reduction. It is encouraging to see the results of our portfolio companies’ hard work on employee safety and welfare, focusing on improving metrics and targets to keep people safe and, for some, gaining industry recognition for excellent performance,” said Graeme Ardus, Head of ESG.
ESG is a critical element of Triton’s toolkit for building better businesses, and our responsible investment policy and approach are aligned with the Ten Principles of the UN Global Compact. Triton’s achievements were also recognised externally by the UN Principles for Responsible Investment (PRI), who rated us A+ for two modules in our most recent annual Transparency Report.
“We want to be at the forefront of this agenda for the long term – not only because it is the right thing to do, but because it ensures we meet our stakeholders’ priorities. Our trusted relationships, combined with our ESG expertise, give us a competitive advantage in securing new investment opportunities,” said Peder Prahl, Director of the General Partner for the Triton funds.
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth.
The 45 companies currently in Triton's portfolio have combined sales of around €18.2 billion and around 100,800 employees.
For further information: www.triton-partners.com