Our commitment to responsibility
Sustainability, community engagement and a commitment to diversity, equity and inclusion (DE&I) are important values for THL. We believe these principals contribute to our long-term sustainability as a firm.
Sustainability
Our philosophy
At THL, we believe that integrating sustainability into our approach can create valuable opportunities for our portfolio companies and their stakeholders.
THL's Sustainability Program
THL adopts a formal Policy and Guidelines for Responsible Investment
THL Strategic Resource Group starts formal cyber due diligence on new investments
THL sends first portfolio company questionnaire on sustainability issues
THL develops partnership with external sustainability consultant to conduct deeper due diligence
THL becomes a UN PRI signatory and forms a DEI Committee and THL Charitable Foundation
THL submits first voluntary UN PRI report, updates sustainability KPIs for portfolio monitoring
THL hires Head of Sustainability, creates Sustainability Committee, conducts internal assessment of THL Sustainability program
THL adopts Sustainability Policy, redesigns THL Annual Sustainability Portfolio Company Survey, calculates portfolio company carbon emissions, monitors for international standards such as UN Global Compact
Our focus areas on sustainability include:
- Governance
- Business Ethics
- Employee Engagement
- Climate Change
- Energy Use
- Supply Chain
- Cybersecurity
- Health & Safety
OUR APPROACH
We don’t invent our own benchmarks. When we focus on sustainability issues, we seek to align our metrics with established, global frameworks such as the Principles for Responsible Investment (UNPRI), of which we have been a signatory since 2020. As we grow and evolve our sustainability program, we’re focused on applying a consistent approach to diligence, monitoring and reporting, where appropriate in light of the characteristics of each investment.¹
Diversity, Equity, and Inclusion (DE&I)
Our DE&I initiatives impact everything from the way we work together to the programming we offer employees and partners. As we grow, we are also increasing our commitment to building and maintaining a culture that embraces diversity, values equity and promotes inclusion.
Read More About DE&I at THLPhilanthropy
Programs that make a difference
We launched the THL Charitable Foundation in 2020 with the goal of making a meaningful impact by offering our company’s financial resources and professional expertise as well as our employees’ time. Our focus is primarily on effecting change in the greater Boston area, while also considering important causes further afield, particularly in moments of crisis.
Grants
We are committed to helping our neighbors in and around Boston, especially those from historically disadvantaged communities. Our signature Impact Programs select exemplary organizations to partner with over the course of a three-year funding commitment. The causes we support help people access basic needs such as food and housing, achieve academic success and prepare for bright futures through their college journey.
Volunteering
We connect our employees and advisory partners with opportunities to make a positive impact by providing mentorship, serving on the boards of businesses and charities as well as participating in Days of Service.
Giving Support
We encourage employee engagement in philanthropic initiatives by offering to match contributions, inspiring volunteerism through service programs and engaging in crisis support for emerging and urgent needs around the world.
Recent recipients of our support2>
¹ THL’s funds are not sustainability funds, and sustainability factors may not be considered at all and, even when considered, may not be a sole, primary, or material consideration. The extent of THL’s consideration of sustainability factors in each investment will vary depending the nature of the portfolio company’s business, the size of the fund’s investment, and the level of control the fund has over the company, among other factors. Please see the Important Information page for further information.