Sustainability and people priorities
It is crucial for us to understand, prioritise and report on the issues that matter most to our business and our stakeholders. Focusing on our most material issues will underpin our long-term success.
ICG Board considers the following stakeholder groups as being key to our business, and we seek to understand their interests and expectations, which are then factored into our decisions.
- Shareholders and lenders
- Portfolio companies
We do this through various methods, including direct engagement, participation in industry initiatives and consultations, and reporting.
For more details on the topics of importance to our stakeholders and our engagement:
- Annual Report and Accounts 2021 (PDF, pp.24-29)
Determining our material issues
We assess materiality from two angles, first at a Group level; secondly within our investment activities. We identified the environmental, social and governance issues that are relevant to our industry and company. This included the topics of importance to our clients, shareholders and employees, as well as those that align to our company values and investment ethos.
Additionally, we assessed these topics against the sustainability reporting standards and emerging disclosure regulations, such as the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), SFDR, the EU Taxonomy and the Task Force on Climate-Related Financial Disclosures (TCFD), as well as relevant aspects of ICG’s principal risks and uncertainties.
We consolidated our material issues into six priorities
We recognise that we can help decarbonise our economy through the strategies we offer to our clients, the investment decisions we take, and the focused engagement with our portfolio companies and peers in our industry
Governance and business ethics
We seek to promote the highest standards of corporate governance through our structures and culture
As a member of the financial services industry, we are in a position of privilege and responsibility and it is our duty as a company to ensure that our investing activity is geared towards a more sustainable future
People and culture
Our relentless focus on our people and culture is a commercial imperative
Maintaining a resilient business, protecting our clients, our portfolio companies and our employees’ privacy and data
Our disclosures against relevant Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) standards