To ensure consistent improvement, we systematically benchmark the ESG performance of all companies and are pleased to report significant progress across all key ESG indicators.
All WestBridge Fund II portfolio companies have committed to achieving net zero by 2045 at the latest.
Currently, WestBridge II companies have an environmental impact of nearly 50,000 tonnes of Co2 equivalent emissions. Each company has committed to reducing emissions by at least 27% before 2030 and has set a net zero target year of between 2035 to 2045.
Like many large businesses, we publish the emissions and net zero plans of our portfolio companies. However, we go further by actively encouraging our companies to be lower mid-market pioneers in their commitments to the environment.
If you’d like to see a copy of our Impact Report, which details our approach, please contact jamesmac@westbridge.co.uk who leads our responsible investment and ESG strategy.