Rhode Island State Investment Commission
ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG)
Since its founding, Endeavour has invested with a stewardship philosophy. In 2018, we formalized an ESG
policy that expands on our existing Culture, Values and Governance statement.
▪ The policy includes guidelines that incorporate ESG considerations into Endeavour's due diligence and investment
decision making process. These are considerations we have always made, but are now recorded in "one pagers"
and final investment memos.
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On new investments where Endeavour has determined that ESG questions exist, a third party ESG audit firm may be
engaged
Alongside our formalized ESG policy focused on investment decision making and ongoing portfolio company
management, Endeavour continues to place a strong focus on several core ESG-related philosophies that we have
consistently sought to follow since our founding in 1991:
Being good stewards of our portfolio companies, including their management, employees and communities
Emphasizing long-term, sustainable growth vs. financial engineering and over-use of leverage
Focusing on providing meaningful employment opportunities and good benefits in our region and beyond;
Fund IV - VII portfolio companies have created > 12,000 jobs to date during Endeavour's ownership, a 35%
increase
ENDEAVOUR
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Approaching governance in a transparent and fair manner with our portfolio companies and limited
partners
Encouraging active involvement by Endeavour professionals in community, civic and non-profit pursuits
Supporting active community involvement at portfolio companies
Working to address historic environmental issues and areas of inadequate compliance going forward
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