Palladium Equity Partners Sustainability - SustainabilityTracker.com

Sustainability Summary

This is an unclaimed profile. Palladium Equity Partners has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.

What do our labels mean?

Palladium Equity Partners says it has built a sustainability framework focused on ESG integration across the firm and its portfolio. In 2021 it became a signatory to the UN-supported Principles for Responsible Investment, and in 2022 it achieved Certified B Corporation status. The firm has also created dedicated ESG leadership roles, including a Head of ESG & Sustainability and Co-Heads of ESG & Sustainability, to oversee its ongoing initiatives. Its stated ESG work includes diversity, equity and inclusion, board diversity at portfolio companies, and a fully integrated process for identifying and analysing ESG factors across investments.

About Palladium Equity Partners

Status
Unverified

Website
Visit Website

Employees
25 - 100

Country
United States

Palladium Equity Partners Sustainability Actions

Achieved B Corp certification

Palladium Equity Partners announced that it has achieved Certified B Corporation™ (“B Corp”) status. The B Corp certification signifies that Palladium has been designated as meeting high standards of social and environmental impact. The Firm secured an overall score of 80.9 in its B Impact Assessment on March 17, 2022.

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Signed the PRI

On February 4, 2021, Palladium Equity Partners announced that it had become a signatory of the United Nations supported Principles for Responsible Investment (PRI). Palladium said it looked forward to incorporating the PRI principles into its investment strategies.

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Created ESG leadership roles

In 2021, Palladium created the role of Head of ESG & Sustainability to lead its ESG initiatives. The firm later promoted Deborah Gallegos and Carlos Reyes to Co-Heads of ESG & Sustainability to lead the firm’s ongoing ESG initiatives and advance its commitments as a UNPRI signatory and a founding signatory to ILPA’s Diversity in Action Initiative and the Data Convergence Project.

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Integrated ESG across investments

Palladium said it has a robust ESG infrastructure focused on implementing a fully-integrated process for the identification and analysis of ESG factors that seek to drive value creation, reduce costs, and mitigate enterprise risk across the firm. The team will seek to further identify and manage ESG risks throughout the life cycle of Palladium’s investments.

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Expanded diversity in boards

The Firm set as a goal to identify highly qualified candidates who would increase the diversity of its portfolio companies’ boards of directors. Palladium said its portfolio company boards are among the most diverse in private equity: out of 139 total members of its boards of directors, 28% are female, 29% identify as a member of an ethnic minority and 47% identify as a member of an ethnic minority or female.

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