We seek to champion Diversity, Equity & Inclusion (DE&I) within our own organization and at our portfolio companies. We view DE&I as integral to building, retaining, and developing the best teams, which in turn drives better business outcomes.
We engage our portfolio companies on DE&I initiatives through priority setting with management teams and providing them with access to human capital management resources, as well as promoting DE&I through Stonepeak’s active board participation. We take a systematic and data-driven approach to managing talent because we recognize that doing so leads to enhanced performance and reduces risk.
At Stonepeak, we believe in fostering an inclusive, diverse workplace where our employees can be their authentic selves and are recognized, developed, and rewarded based on performance. This philosophy is reflected across our recruiting, selection, development, and promotion processes along with the organizations that we partner with, including SEO and America Needs You.
We are committed to advancing diversity and inclusion within the businesses in which we invest. Where relevant, we have committed to adding at least one diverse Board member at controlled portfolio companies within 12 months of acquisition.(1)
euNetworks has taken steps to embark on a comprehensive ESG strategy, including appointing a Senior Director of Sustainability to lead ESG efforts, building diversity and inclusion and having a positive impact on the world into the company’s core values, and making gender diversity in the workforce and decarbonisation key performance indicators underpinning its sustainability linked loan.
Madison Energy Investments’ management team has placed a priority on diversity and inclusion in building the company’s team from the start, which has resulted in an employee base that is almost 50% diverse(1). The company constantly looks for ways to enhance its internal practices and stay up to speed on the best strategies for recruiting top talent through a D&I lens, often partnering with industry associations that share its values including the Clean Energy Leadership Institute, the Solar Energy Industries Association, and the American Council on Renewable Energy.
1. Indicates women and/or individuals who identify as ethnic/racial minorities