JFL Equity Investors VI, L.P Recommendation Report slide image

JFL Equity Investors VI, L.P Recommendation Report

● ● ● Hamilton Lane ● The General Partner is not a signatory to PRI; however, it institutes the UN Principles for Responsible Investment, the OECD Guidance on Responsible Business Conduct for Institutional Investors, the UN Guiding Principles on Business and Human Rights as well as guidance from the American Investment Council and the Institutional Limited Partners Association into its investment process and decision-making JFL is relatively more advanced within social and governance risks, mitigation and reporting compared with environmental risks The General Partner has appointed a formal Diversity & Inclusion committee to ensure that they are considering diverse perspectives within their culture as well as recruiting and developing diverse candidates ● • JFL has recently expanded its ESG focus and has included a dedicated ESG vertical as part of its diligence process, bringing in ESG consultants for each deal The General Partner is in the process of developing a more robust system for tracking and benchmarking ESG KPIs across its portfolio ESG Summary ESG Policy ESG-Dedicated Professionals Signatories Environmental Focus Diversity ESG in Due Diligence Process Yes None Not PRI but includes principles in decision making Environmental, Social & Governance None 25% female/75% male across the firm 4% female/96% male across investment team 4% ethnic diversity/96% ethnic majority across investment team February 2023 | Proprietary and Confidential Integration in Decision Making ESG Focus - Planning Monitoring Reporting Requirements of Portfolio Companies IC memos include ESG requirements ESG is included in strategic planning Yes Yes JFL leverages third-parties to complete due diligence and implements ESG frameworks throughout the process Executive Summary | General Partner | Investment Strategy | Track Record | ESG | Appendices JFL encourages portfolio companies to adopt ESG policies and set goals consistent with their own JFL Equity Investors VI, L.P. | Page 20
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