Perwyn

Our commitment

As signatories to the UN Principles of Responsible Investment we believe that Environmental, Social and Governance (“ESG”) behaviours and values are critical to the longevity and future success of Perwyn and our portfolio companies.

Through a process of continual improvement, we strive to make a tangible difference throughout the investment cycle that benefits all stakeholders.

“We are privileged to be working in the private equity industry and with that comes responsibility as investors which goes beyond pure profit maximisation.  We work with our investee companies on improving a broad set of outcomes, which is also an important contributor to value creation when exiting companies that demonstrate a robust ESG program. Within Perwyn, we ensure that ESG practices are regularly evaluated and improved in our decision-making processes and committees.”

Andrew Wynn
Managing Partner, Perwyn

Perwyn has developed an ESG policy framework that formalises our commitment across our business and ensures we follow best practice, manage risk appropriately and make better, more responsible, decisions.

Our approach

  • The investment team follow an integrated pre-investment screening of ESG issues, aligned with the UN Sustainable Development Goals, and identify potential risks in the due diligence phase of work.
  • The Investment Memorandum includes an ESG assessment, which is reviewed and challenged by the Investment Committee.
  • We undertake ongoing post investment ESG monitoring to track progress and identify areas for improvement.
  • An annual ESG survey of our portfolio companies to monitor key performance indicators, best practices and areas needing additional focus and improvement.
  • Pro-active engagement with portfolio companies to ensure cross-pollination of learnings and best practice.

ESG Policy Framework

Diversity & Inclusion

48% / 52%

Our team has a well-balanced educational background of state to private schooling.

12

Fluent languages and a mix of nationalities, our team is founded on diversity and inclusion.

Investing in Women Code

Perwyn is proud to be a signatory of the Investing in Women Code

“Perwyn is committed to ensuring its culture is respectful and inclusive and that this underpins the day-to-day interactions and operations of our business.”

Gurinder Sunner
Partner, Perwyn

Environmental, Social & Governance

Perwyn is committed to working with its Portfolio Companies to promote its ESG principles and behaviours. We encourage an approach of continual improvement through training, using appropriate tools to measure, plan and develop actions as well as sharing best practice and lessons learned.

We undertake an annual survey of our Portfolio Companies to help us understand progress and, more importantly, to drive action in areas where improvement is possible.

Perwyn will not invest in companies which are known to be in breach of any relevant legal, environmental or other legislative requirements.

Environmental

Perwyn is proud to Pledge Net Zero in 2022 and beyond and, as part our carbon roadmap, we support a peatland eco-system restoration project.

GB Peatland Project

 

Our portfolio surveyed companies


Environmental

50%

Actively track waste recycling / waste management

67%

Track energy consumption or plan to in next 12 months

83%

Have an environmental policy that sets out clear commitments & targets or plan to in next 12 months

Social

83%

Has female representation of between 11-30% at an SLT / Board level

83%

Have a formal diversity & inclusions policy in place

100%

Are an accredited Living Wage Employer, pays a living wage (not externally accredited) or plan to over the next 12 months

Governance

83%

Have an independent Chairperson and/or Non-Executive director on the Board

67%

Include ESG matters as an agenda item at company Board meetings on a monthly or quarterly basis

100%

Have taken demonstrable action to reduce negative and/or promote positive environmental and/or social impact

Perwyn Portfolio in action

The Case Studies set out examples of tangible sustainable themes and actions across the portfolio.
European Sperm Bank

  • Enabling the gift of life
  • Promoting equal opportunities
  • Challenging legal and regulatory roadblocks to deliver on a mission

Business overview
Velos IoT

  • Enabling the transition to a better urban environment by making transportation smart
  • Facilitates efficient and sustainable building management with enhanced real time data
  • Optimising supply chains to reduce fuel consumption and accelerate the deployment of EVs

Business overview
Secret Sales

  • Actively tackling 92 million tonnes of clothing waste annually
  • Supporting accessible, high-quality fashion with discounted prices

Business overview
Agilitas

  • Approximately 60% of parts are returned, restored and re-used as part of the Repair, Rework, Re-Use model
  • Extends product lifecycles thereby reducing the carbon footprint of technology
  • In 2022 Agilitas has reduced its usage of single use plastic and paper by 50%
  • Agilitas has set a goal of planting 100,000 trees, fondly referred to as the ‘Agiliforest’

Business overview
Gousto

  • Mission to remove food waste
  • Each Gousto order saves 2kg of food waste and 7KG of CO2 emissions
  • B-Corp certified
  • Working with The Trussell Trust in updating the design of emergency food parcels into healthy meal kits. A pilot to measure the health benefits is currently underway

Business overview
Lowe Rental

  • Energy monitoring and reductions in refrigeration and stores
  • Winner of “Environmental Collaboration of the Year” award at cooling industry awards (ADA powered by Lowe Conex and Co-Op)

Business overview
Sumo Digital

  • Named on the ‘UK’s 100 Best Large Companies to Work For’
  • Encourages and facilitates healthy work/life balance

Business overview
ESLA

  • Contribution to reduction of emissions in electricity production
  • Renewable energy – 9 solar PV plants with an installed capacity of 11MWp

Business overview