First Fund believes the management of environmental, social and governance (ESG) issues is a critical part of ensuring the long-term success of any business today. Building better businesses through effective ownership and management benefits all stakeholders, from employees to customers, suppliers and shareholders, and the wider community at large by creating jobs, supporting local communities and securing the future of millions of people around the world. As careful stewards of capital, First Fund is committed to operating with the upmost integrity and working hard to manage ESG factors from our due diligence processes, during the management of our investments and in ongoing support.
We believe our medium- to long-term ownership model, our operational capabilities and our commitment to building better businesses enable us to be a responsible custodian of the businesses in which we invest.
Our approach towards ESG is embedded in all aspects of our private equity investment process from the original investment selection, to the subsequent value creation and ultimately, the exit from the investment with a focus on ensuring a sustainable long-term ownership structure into the future.
First Fund has adopted a comprehensive Policy, describing what is expected of First Fund as an investment manager as well as what is expected from portfolio companies. Our ESG policy details how First Fund is committed to supporting ethical behaviours in all of its activities together with investing in and working with the local communities in which we operate.