2022
- First ESG margin ratchet executed, using EcoVadis ESG ratings, and seeking to embed the mechanism to offer ratchets in the documentation for new deals and refinancings4
- Hired dedicated ESG Lead for Permira Credit (joined January 2023)
- Further roll-out of a cyber security cloud-based portfolio monitoring programme (launched Q1 2022)
2021
- ESG framework enhanced for Permira Credit strategies, including a new due diligence guide and risk rating revision
- Roll-out of a cyber security cloudbased portfolio monitoring programme for direct lending (PCS) portfolio companies
- Joined ELFA to enhance ESG integration in structured credit and to engage with peers in the CLO management industry
2020
- Permira Credit ESG Group formed
- First ESG KPI questionnaire for direct lending (PCS) portfolio companies5
- First top-down calculation of the carbon footprint of the direct lending portfolio and climate risk assessment of the direct lending and CLO portfolios undertaken
2019
- Diversity Steering Committee established
2018
- Permira becomes a CarbonNeutral® company
- Achieved “A+” rating in Principles for Responsible Investment (PRI) reporting for the Strategy & Governance and “A” for the Fixed Income modules for first time
- First ESG survey of CLO managers
2017
- Permira Credit first reports to UN PRI (as AUM met PRI’s reporting thresholds)
- The Permira Foundation launched as a registered charity
2015
- Recruited first dedicated Head of ESG, Adinah Shackleton
- Permira joined the BVCA Responsible Investment Advisory Group
2011
- Permira became signatory to UN PRI