• 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)
  • 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
  • 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
  • Diversity Steering Committee established
  • 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
  • Permira Credit first reports to UN PRI (as AUM met PRI’s reporting thresholds)
  • The Permira Foundation launched as a registered charity
  • Recruited first dedicated Head of ESG, Adinah Shackleton
  • Permira joined the BVCA Responsible Investment Advisory Group
  • Permira became signatory to UN PRI