“As the responsible investment landscape grows more complex – stemming from the inherent intricacies of many ESG considerations, such as responsible supply chains, climate change, and nature – both GPs and LPs are paying more attention,” said
Highlights of the report include:
- The Responsible Investment Process: StepStone has designed a five-stage process that applies across asset classes. This process forms the foundation of the firm’s approach to systematically integrate ESG and stewardship considerations into every stage of the investment journey, with the ultimate aim of adding value and protecting the capital the firm invests on behalf of its clients.
- Industry Collaboration: StepStone works with peers and supports industry-wide initiatives as part of its approach to promote and clarify best practices. The firm has numerous affiliations including with
Principles for Responsible Investment (PRI), ESG Data Convergence Initiative (EDCI),Initiative Climat International (iCI),IFRS Foundation , Global Real Estate Sustainability Benchmark (GRESB),Institutional Limited Partners Association (ILPA), Ownership Works, and VentureESG. - Climate: StepStone addresses climate management across both its investments and operations. The report outlines examples of risks and opportunities that the firm seeks to integrate into its investment process and summarizes how the firm has remained carbon neutral within its operations for the fifth consecutive year.
- Human Capital: StepStone invests in the growth of its employees and provides a collegial, supportive, and intellectually stimulating environment where everyone can thrive. The report underscores the importance of talent attraction, development and retention, including the firm’s commitment to DEI.
“StepStone’s responsible investment program underpins our ability to deliver tailored investment solutions, advisory services and data-driven insights to our clients,” said
StepStone’s 2023 Responsible Investing Report is available on its shareholder relations website.
About
Contacts
Shareholder Relations:
shareholders@stepstonegroup.com
1-212-351-6106
Media:
StepStonePR@icrinc.com
1-203-682-8268
Source:
2024 GlobeNewswire, Inc., source