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Sovereign publishes inaugural ESG Report

26.09.24

Sovereign Capital ESG Report 2023/24

Sovereign Capital Partners, the leading UK private equity Buy & Build specialist, is pleased to announce the publication of its first Environmental, Social and Governance (ESG) Annual Report.

The report includes performance data from across our portfolio, addressing issues ranging from greenhouse gas emissions to cybersecurity and governance, building on our disclosure to the UN Principles for Responsible Investment reporting framework. It marks an important milestone in our journey, showcasing our dedication to transparency and accountability in addressing ESG considerations.

It also details our approach to investment, which has always been designed to build better businesses by responsibly identifying opportunities for value creation. Indeed, Sovereign has been investing in sectors which provide a fundamental social good for over 20 years. The principles of ESG have therefore always been integral to Sovereign. As active managers, our ESG programme supports each company and management team we back, driving financial and operational success and further demonstrating the value of our efforts and strategic direction.

The report can be read here.

Highlights include:

  • 100% of our portfolio companies have calculated their baseline carbon footprint
  • 100% of our companies have a three-year ESG Action Plan in place
  • 100% of our companies have anti-bribery and corruption policies
  • 75% of our companies have calculated their gender pay gap

Dominic Dalli, Managing Partner, Sovereign Capital Partners, said: "We are proud to publish Sovereign Capital Partners' first ESG Annual Report, which reflects our ongoing commitment to responsible investment and the integration of ESG principles across our portfolio. At Sovereign, we believe that long-term value creation goes hand-in-hand with responsible business practices. By focusing on issues such as reducing environmental impact, strengthening governance, and promoting social responsibility, we are helping the businesses we partner with to thrive in a more sustainable future."

Jessica Chan, Head of Investor Relations and ESG Co-Head, Sovereign Capital Partners, said: "Our inaugural ESG Annual Report underscores the progress we’ve made in embedding sustainability into every aspect of our investment process. By tracking key metrics, we are equipping our portfolio companies with the tools they need to navigate an evolving regulatory landscape and meet rising stakeholder expectations. This report highlights not only our commitment to transparency but also our role in driving positive change by supporting businesses to innovate and grow responsibly."