environmental, social & governance
ESG considerations are evaluated during diligence and we seek to further integrate ESG throughout our partnership with portfolio companies
Key ESG Factors
We include financially-material ESG factors in our investment analysis to address potential risks, assess and enhance operational and management capabilities, and capitalize on sustainability tailwinds to drive value and opportunities for growth.
ESG Case Studies
In 2021, United Clean Up Oak Ridge (UCOR), an Amentum-led partnership with Jacobs Engineering Group Inc., received its third overall Innovation Award at the Voluntary Protection Participants’ Association’s Safety+ Symposium. The 2021 Innovation Award recognized the company’s outstanding training, qualification, and professional development programs in radiological control, industrial hygiene, and construction and heavy equipment. UCOR is the U.S. Department of Energy-Oak Ridge Office of Environmental Management’s lead environmental cleanup partner and is responsible for cleaning up the former Oak Ridge Gaseous Diffusion Plant and other sites on the DOE Oak Ridge Reservation.
In 2021, Chromaflo was awarded a Gold Rating by the Corporate Social Responsibility assessment from EcoVadis for its EMEA operations, placing the company among the top five percent of companies evaluated. The review focused on Chromaflo’s policies and procedures pertaining to the environment, labor practices and human rights, fair business practices, and sustainable procurement issues, as well as waste management, energy consumption, and use of renewable energy sources.
In spring 2020, CS Energy’s Women in Renewable Energy (CS Energy WiRE) program was launched to engage female employees at CS Energy and to provide them with the tools needed to grow and advance personally and professionally. So far, the group has participated in internal networking events and an external Town Hall, where women on CS Energy’s leadership team joined with the National Girls Collaborative Project to connect with and encourage young women to pursue careers in sustainability, engineering, and renewable energy. Like many STEM fields, the renewable energy space employs a lower number of women.
With employee safety as a top priority, Oregon Tool experienced a 32% reduction in its Total Recordable Incident Rate (TRIR) over the course of our partnership from 2016 to 2021 and produced better-than-average TRIR outcomes annually as compared to the industry.