Triton

Triton is an investment firm with a focus in Northern Europe, investing in industrial technology, logistics, consumer services and healthcare sectors. Founded in 1997, Triton is currently invested in 48 companies, working with board, managers and employees to build better businesses and create long-term value for shareholders. Triton’s ranking is a result of its excellent environmental performance, with measures taken including ESG training given to existing and new staff annually, and a regular GAP analysis of its internal processes against TCFD recommendations. As a result of the GAP analysis, the firm developed energy transition strategies for Triton and all its portfolio companies and established ongoing objectives for new portfolio companies.

‘Responsibility and sustainability have been at the heart of how we conduct business and manage our portfolio ever since 3i was founded in 1945. Our purpose at that time was to contribute to rebuilding post-war Britain by providing growth capital to small businesses. The responsibility that came with that original purpose still guides our behaviour today. Over the years, we have built a strong reputation and track record by investing and managing our portfolio responsibly and by operating according to the highest standards of conduct and behaviour. We have achieved this through a relentless focus on strong governance, both at 3i itself and in our investee companies. We believe that this has allowed us to earn the trust of our shareholders, other investors and investee companies, and to recruit and develop employees who share our values and ambitions for the future. We believe that the systematic assessment of the sustainability profile of our investments (both before we make an investment and on an ongoing basis throughout the period of ownership) is not only a risk management tool, but also a framework to assess the many opportunities which arise from the development of solutions to sustainability challenges within our portfolio and more broadly. This informs our investment decisions, guides our behaviours as a responsible manager of our assets and can bring about value growth and opportunities for new or further investment in our portfolio.

Our advice to firms starting out in their ESG journey would be to view this as a long-term value creation driver, rather than just a risk management tool. Focusing on areas where a company actually makes a difference rather than the easy publicity wins has a stronger impact on both ESG factors and the value creation.’