At Triton, we always seek to grow and improve portfolio companies for long-term sustainability and for the benefit of multiple stakeholders. Our Responsible Investment policy sets out our public commitment to integrate ESG principles into everything we do.
Read our Responsible Investment Policy here.
A responsible ownership approach of improving the way businesses do business
- 48companies in portfolio
- €18,1bncombined sales
- €15.6bn8 sponsored funds total commitments
Embedding ESG into the investment cycle
Triton’s ESG programme is based on our responsible investment policy and applies to all investment strategies.
In Private Equity, which accounts for around 90% of Triton’s funds under management, ESG risks and opportunities are identified and managed throughout the investment cycle – from initial research to our final exit from the company (as shown below),
ESG Governance Structure
Our ESG governance structure enables Triton’s PCs to mitigate risks and realise ESG opportunities aligned to their business activities, helping them create and protect value under our ownership and for the future.
Within Triton, overall responsibility for the ESG programme, along with all investment decisions, sits with the Fund Manager Board. The Board is advised by the Investment Advisory Committee (“IAC”) and receives regular reports from the ESG team.
Triton’s dedicated ESG team of five full-time professionals works closely with the deal teams and PC board representatives. It also provides ongoing support and expertise to ESG representatives within PCs.
In all cases, the PC board has ultimate responsibility for the ESG agenda. In practice, PC CEOs designate responsibility for delivery of the ESG plan to their management team.
Depending on the company, this might be the CFO, in-house counsel, HR, Communications Director, Quality Health Safety Environment Director, or a dedicated Sustainability role. These individuals are supported by the ESG team every step of the way.
We work in close partnership with our portfolio companies and support them through an ESG platform and an annual forum.
This forum brings key functional leaders from our portfolio companies together to learn, share and find better solutions.
Learn more about some of the topics that we discussed during our ESG forums in the below films:
The United Nations’ (UN) Sustainable Development Goals (SDGs) set out a blueprint for a prosperous and sustainable world.
Triton believes that businesses have an important role to play in delivering positive social and environmental change. The SDGs help us to identify and prioritise our ESG activities and demonstrate measurable impact against our goals.
We have aligned our material ESG topics with the SDGs to which Triton and its portfolio companies can make the biggest contribution. These, including relevant SDG targets, are set out below.
Our SDG targets include: 8.4 Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, 8.7 Take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and 8.8 Protect labour rights and promote safe and secure working environmental for all workers.
Our SDG target: 10.2 By 2020, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.
Our SDG targets: 12.5 By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse and 12.7 Promote procurement practices that are sustainable, in accordance with national policies and priorities.
Our SDG targets: 13.1 Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries and 13.2 Integrate climate change measures into policies, strategies and planning.
Our SDG targets: 16.5 Substantially reduce corruption and bribery in all their forms and 16.6 Develop effective, accountable and transparent institutions at all levels.
Principles for Responsible Investment (PRI)
Triton is a signatory to the United Nations-backed PRI since 2012. The PRI is a network of international investors working together to promote the integration of ESG considerations across investment and ownership processes.
As signatories, we report annually on how we incorporate ESG principles across the entire deal cycle, including investment analysis, decision-making processes, and ownership practices. Triton was awarded an A+ rating for “Strategy and Governance” and “Private Equity” module in its most recent assessment in 2020.
Read our RI Transparency Reports:
- Triton Investment Management Limited RI Transparency 2020 (PDF)
- Triton Advisers Limited RI Transparency Report 2018/19 (PDF)
- Triton Advisers Limited RI Transparency Report 2017/18 (PDF)
- Triton Advisers Limited RI Transparency Report 2016/17 (PDF)
- Triton Advisers Limited RI Transparency Report 2015/16 (PDF)
- Triton Advisers Limited RI Transparency Report 2014/15 (PDF)