ESG and Responsible Investment

Lorna Kelly-1

Investing in a responsible manner

Maven believes in investing in a responsible manner, including backing businesses that are making a real impact on addressing the environmental, social and governance issues facing not only today's society, but future generations.

We support the enhancement of ESG credentials as a necessary step to create change to help drive responsible and sustainable growth in our portfolio companies.

We believe that an active approach to ESG is a real driver of value creation whilst helping the long-term growth and sustainability of the businesses in which we invest.

Ewan MacKinnon, Partner at Maven

Interconnectivity between profit and purpose

Maven firmly believes that there is an interconnectivity between profit and purpose, and that strong ESG credentials can give companies a competitive edge and help them stand out from their competitors.

Maven is well positioned to influence the establishment of robust ESG practices early within a company’s life cycle, so that they are ingrained in the culture as they grow. We recognise the increased expectations placed on asset managers to conduct responsible investment and this is a key consideration when investing.

ESG Highlights

Data as at December 2023
cyclist icon
Based on our annual commuting survey, 75% of Maven's staff commute sustainably

 

Commercial Building icon
100% of Maven's Headquarter's electricity comes from a renewable source
honey bee icon
£36,000 raised for Maven’s nominated charity, The Honeypot Children's Charity
four people connected icon
Four Partners sit on the ESG steering group
female icon
43% of Maven’s Governance and Oversight Committee are female
property investment icon #3 plan
ESG is a standing agenda item at Maven’s quarterly Governance and Oversight Committee meetings

Maven's ESG and Responsible Investment Policy

This policy outlines the overall approach and objectives of Maven’s ESG and responsible investment process, with specific guidance on our responsible investment commitments, ESG factors, conflicts of interest, and our approach to engagement with investors, portfolio companies and other stakeholders.

Download here

Maven's ESG and Responsible Investment Policy front cover

Important information

 
Maven’s ESG & Responsible Investment Policy is our best practice approach which Maven strives to uphold across all funds. Maven works with companies to advise and monitor their ESG practices, and takes into account material ESG issues at the investment stage. 
 
Whilst significant steps are taken by Maven to assess ESG capability and support ongoing dialogue with portfolio companies, with the objective of improving the use of ESG metrics over the investment period, it should be noted that Maven Capital Partners, and Mavens’ funds, do not incorporate specific ESG aims, and portfolio companies are not required to meet any specific targets.

Maven initiatives

Fund Her North company lgoo
future asset bg removed logo
investing in women code bg removed logo
unpri bg removed logo
sustainable development goals bg removed logo

Fund Her North

Read more

Future Asset

Read more

10,000 Interns Foundation

Read more

Investing in Women Code

Read more

Principles for Responsible Investment

Read more

Sustainable Development Goals

Read more

Six Principles for Responsible Investment

Principle 1: We will incorporate ESG issues into investment analysis and decision-making processes
arrow
Maven incorporates ESG issues into investment analysis and requires all portfolio companies to conduct an ESG assessment as part of pre-investment due diligence, focusing on individual environmental, societal and governance issues. The responses provided by portfolio companies are evaluated by the Investment lead and considered fully as part of any investment decision-making.  Two business professionals looking at a laptop
Principle 2: We will be active owners and incorporate ESG issues into our ownership policies and practices
arrow

Maven aim to work collaboratively with investee companies to ensure that we understand their needs and help them to achieve their potential. A Maven Investment Director will often take a seat on the Board of portfolio companies, allowing Maven to directly engage with companies on ESG issues.

Two business professionals looking at a laptop
Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which we invest
arrow

All new portfolio companies are reporting to Maven on ESG issues, as part of pre-investment stage due diligence, and on an annual basis. Maven will support companies to resolve any issues and will support companies in any ESG initiatives or opportunities that arise throughout the period of investment. The metrics which are gathered from the Maven ESG Questionnaire are generally aligned to industry standard.

Two business professionals looking at a laptop
Principle 4: We will promote acceptance and implementation of the principles within the investment industry
arrow

Maven is proud to be a signatory to the UNPRI and are committed to including environmental, social and governance factors in investment decision making and ownership as part of this initiative.  Maven takes a long-term approach when making investment decisions to ensure that companies within the portfolio are able to grow sustainably throughout the period of investment.

Two business professionals looking at a laptop
Principle 5: We will work together to enhance our effectiveness in implementing the principles
arrow

Maven actively networks with peers in the industry in relation to ESG and works to remain up to date with key emerging issues.  Maven investments are often made collaboratively with other private equity houses, in which case, Maven work to ensure that the data gathered from companies is consistent and aligned with industry standard.

Two business professionals looking at a laptop
Principle 6: We will each report on our activities and progress towards implementing the principles
arrow

Maven actively promotes our UNPRI signatory status, and from 2024 onwards will have publicly available transparency reports. Maven discloses how ESG issues are integrated within investment practices both directly to investors and clients, but also publicly via the Maven website.

Two business professionals looking at a laptop
Two business professionals looking at a laptop Two business professionals looking at a laptop Two business professionals looking at a laptop Two business professionals looking at a laptop Two business professionals looking at a laptop Two business professionals looking at a laptop

Sustainable businesses we've supported

Guru Systems
Energy Tech
Liftango
Travel Tech
iPac Innovations
Thermoform Packaging Manufacturer
Manufacture 2030
Climate Technology
Novatus Global
Financial Services
Power Roll
Energy Services
Pura
Baby Care Products
Turnkey
ESG Risk Management Software
The 55 Group
IT Services

Definitions

Carbon Footprint
arrow

The sum of a company’s total greenhouse gas emissions and a measurement used to relate to areas of your business that produce carbon emissions that are unable to be reduced another way.

drone image of a car driving through a forest
Circular Economy
arrow

An economic system that focuses on re-using, recycling, and using materials for as long as possible. Once a product has been used, it will be reused elsewhere in the economy, reducing waste and pollution.

drone image of a car driving through a forest
Green Washing
arrow

Making false, misleading, or unsubstantiated claims about the positive environmental impact of a product, service, or activity and/or present your company as environmentally responsible.

drone image of a car driving through a forest
Net Zero
arrow

Involves a company balancing the amount of greenhouse gas emissions produced and the amount removed from the atmosphere. This requires a huge reduction in emissions from businesses and/or neutralised through carbon offsetting.

drone image of a car driving through a forest
Physical Climate Risk
arrow

Risks stemming from events driven by climate change such as increased severity of extreme weather events, e.g., floods and wildfires. They can also relate to longer term shifts in weather patterns e.g. a rise in precipitation and temperature. 

drone image of a car driving through a forest
Responsible Investing
arrow

Refers to responsible practices and activities within a business that incorporates ESG credentials with the aim of minimising risks associated with environmental impacts.

drone image of a car driving through a forest
Transitional Climate Risk
arrow

Risks associated with the transition to a decarbonising global economy e.g., changes to policy, legal actions and technology, and additional reputational considerations.

drone image of a car driving through a forest
drone image of a car driving through a forest drone image of a car driving through a forest drone image of a car driving through a forest drone image of a car driving through a forest drone image of a car driving through a forest drone image of a car driving through a forest drone image of a car driving through a forest