Our Sustainability Strategy
Enhancing Risk Management and Value Creation
Warburg Pincus is committed to responsible investing and formalized a sustainability strategy in 2014. We believe the integration of sustainability factors, alongside other financial and business levers, can provide a broader perspective for evaluating risks and opportunities for our potential investments. In addition, we believe the growing focus on sustainability among the customers, employees, and communities of our portfolio companies presents opportunity for value creation.
To support our deal teams and portfolio companies, we provide a set of robust internal policies and best practices, expertise, and senior-level oversight to set the overall strategy and help integrate sustainability into the investment lifecycle. We believe our commitment to responsible investing enables us to partner with organizations to help accelerate sustainability, and we strive to continually evolve our program as the attention to and scope of sustainability continues to develop.
ESG Integration Across The Investment Lifecycle1
Warburg Pincus’ investment approach is presented for illustrative purposes only and may vary.
ESG Policy
As part of our sustainability strategy, our ESG Policy outlines our firm-wide approach to integrating sustainability in our business and investment activities and is reviewed on an annual basis.1
EXAMPLE AREAS OF FOCUS
E
- Climate risks and opportunities
- Use of natural resources and raw materials
- Pollution control, waste, and recycling
- Biodiversity impacts
S
- Human rights, including child or forced labor
- Workforce wellbeing, employee health and safety, and employee engagement
- Diversity, equity, and inclusion
- Quality and access to goods/services
G
- Corporate governance
- Management of legal and regulatory environment
- Corporate behavior
- Data security and privacy
- Supply chain management
Warburg Pincus’ ESG Policy (Unabridged)
ESG Committee
Warburg Pincus’ ESG Committee informs the firm’s strategic approach to sustainability issues, including setting priorities and engaging the firm’s investment teams to promote its sustainability strategy. The Committee of over 20 professionals is comprised of investing partners and principals representing the sectors and geographies in which we invest, as well as senior executives from key support functions. The Committee meets quarterly to assess sustainability activities at both the firm and portfolio level.
In addition, the firm has working groups that specifically focus on important sustainability issues, including reputational and policy risks, climate, data, and broad-based employee ownership. These groups encourage employee participation and comprise a broader group of colleagues across our organization, who are actively involved in progressing our sustainability objectives.
Our ESG Committee by the Numbers 2
2 As of Q1 2024
Leadership & Oversight
Our commitment to and value of environmental sustainability, social responsibility, and corporate governance are present in everyday practices across our organization and are deeply interwoven throughout our network. The Sustainability Strategy Team, part of our Global Policy and Political Risk group, reports directly into our Executive Leadership team through Steven Glenn, our Chief Operating Officer and Chief Financial Officer. It is also one of seven function areas that partner with our investment teams and portfolio companies to provide strategic support and operational excellence.
Richard L. “Jake” Siewert, Jr.
Managing Director,
Head of Global Public Policy and Political Risk
Leela Ramnath
Senior Vice President,
Global Head of Sustainability Strategy
The roles and responsibilities of the Sustainability Strategy Team at Warburg Pincus impact the following core functions:
1 Last updated August 2023. Warburg Pincus’ investment approach is presented for illustrative purposes only and may vary. For important disclosures relating to Warburg Pincus’ sustainability strategy and ESG integration, refer to Endnote A in the 2022 Sustainability Report.