StepStone Group's 2022 ESG & TCFD Reports Released
StepStone Group Inc., a global firm specialising in private markets investments, customised investment solutions, and advisory and data services, has released its annual reports on Environmental, Social & Governance (ESG), Task Force on Climate-related Financial Disclosures (TCFD), and Diversity, Equity & Inclusion (DEI).
"We are pleased to share our 2022 ESG, TCFD, and DEI reports, reaffirming our commitment to transparent reporting on our performance and fostering open communication with our clients, employees, and shareholders," said Suzanne Tavill, Partner and Global Head of Responsible Investment at StepStone. "This year's reports highlight our achievements over the past year and outline the initiatives and strategies that will enable us to continue incorporating ESG considerations in our investment activities, firm management, and ongoing engagement across private markets."
Some of the highlights from the reports include:
Climate Change: StepStone acknowledges the significance and complexity of climate change considerations and has aligned with the framework of the TCFD. The firm has restated its commitment to reducing operational emissions and maintaining carbon neutrality.
Human Capital: StepStone has made further investments in talent management and retention, launching a professional development framework to equip employees with managerial responsibilities.
Responsible Investment: StepStone has adopted a stewardship policy that reflects its focus on engagement and advocacy to drive economic value while contributing to a more sustainable economy. Several case studies illustrate how the firm has translated these goals into tangible results.
"As adoption of ESG principles increases, we see tremendous potential in leveraging our position within private markets to provide advice, guidance, and resources to promote best practices," said Scott Hart, Partner and CEO at StepStone. "Accounting for ESG factors has not only helped us better serve our clients but also build a more resilient firm designed for the long-term."
StepStone's 2022 ESG report, TCFD report, and DEI report are available on its shareholder relations website.
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Source: GLOBE NEWSWIRE