Palatine portfolio becomes carbon literate
We have rolled out Carbon Literacy training across our portfolio of companies, underlining our 10-year leadership in integrating ESG into our portfolio to accelerate business growth sustainably.
We are the first private equity house in the UK to put our full portfolio through the internationally-recognised training. In total 87 senior individuals from our team and our portfolio companies will be trained across three days, to coincide with Earth Day 2021 on 22nd April.
Established by the Manchester-headquartered Carbon Literacy Project, Carbon Literacy training provides organisations with an awareness of the climate related costs and impacts of their activities, and the ability and motivation to reduce greenhouse gas emissions.
The training is being delivered by sustainability specialist Anthesis, which became part of our portfolio earlier this year. With a global workforce of 600 consultants across 17 countries, Anthesis supports leading companies, cities and organisations with financially driven sustainability strategies, underpinned by technical expertise. It is one of the Carbon Literacy Project’s accredited delivery partners.
The workshops will focus on the business importance of a transition to a sustainable future by empowering management teams with the knowledge and tools to make impactful change in their businesses.
Steph Wall, ESG Director at Palatine, added: “Ensuring that both we at Palatine and our portfolio businesses are Carbon Literate is another step in our commitment to generate positive ESG impact, affect change and build sustainable businesses.
“As an investor, our biggest environmental impact is through our portfolio companies which touch many market sectors. Therefore, it’s important to educate the portfolio to make changes to decarbonise the economy and build a sustainable future. This training will equip them with new insights and tools to build resilience and take advantage of the growth opportunities presented by a net zero carbon future while also encouraging more collaboration and knowledge-sharing across our portfolio.”
The Carbon Literacy Project is globally unique and was recognised by the UN at COP21, in Paris, where it was awarded as a TAP100 – one of 100 worldwide Transformative Action Programs.