esg at scantime energy
At Scantime Energy, sound ESG practices are integral to building resilient businesses and creating long-term value for our investors and other stakeholders.
OUR GUIDING ESG PRINCIPLES
Learn more about some of the measures we are taking and the positive impact we have made. This section outlines some of the current and future initiatives we are committed to addressing as part of our overall ESG strategy.
Supporters of the Task Force on Climate related Financial Disclosures (TCFD), which aims to guide companies in incorporating the considerations of the effects of climate change into business and financial decisions.
Supporters to the United Nations-supported Principles for Responsible investment (PRI), underscoring our ongoing commitment to responsible investment and ESG practices.
A global membership program established to develop globally accepted accounting and sustainability disclosures. To further formalize the integration of ESG considerations into our due diligence process.
Integrating ESG Considerations Into Our Investment Process
ESG is embedded throughout our investment process, starting with the initial due diligence through to the exit of the investment. Below is a summary of how we integrate ESG factors.
1. We tailor ESG due diligence to each investment and follow a structured approach, leveraging relevant industry frameworks.
2. Proactively identify material ESG risks and opportunities relevant to the potential investment
3. Leverage our investment and operating expertise and utilize industry-specific guidelines that incorporate risk management
4. Perform deeper due diligence if required, utilizing internal experts and third-party consultants as needed
1. All potential investments must incorporate ESG matters into their evaluation and be approved by the Investment Committee.
2. Investment teams provide the Committee with a detailed memorandum
3. The Investment Committee memorandum outlines the merits of the transaction and material risks, mitigates and significant opportunities for improvement, including those related to ESG
4. Material ESG factors may include bribery and corruption risks, health and safety risks and environmental and social risks
1. Upon company acquisition, we create a tailored integration plan and ensure ESG risks and opportunities are actively managed.
2. As part of each acquisition, investment teams create tailored integration plans that include material ESG-related matters for review or execution
3. Scantime actively looks to advance ESG initiatives and improve ESG performance to drive long-term value creation, as well as to manage any associated risks
4. It is the responsibility of the management teams within each portfolio company to manage ESG risks and opportunities through the investment’s life cycle, supported by the investment team responsible for the investment
1. As part of our divestiture plan, we prepare robust business plans outlining potential value creation from several different factors, including ESG considerations
2. We also prepare both qualitative and quantitative data that summarize the ESG performance of the investment and provide a holistic understanding of how Scantime has managed the investment during the holding period
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