Responsible Investment Governance
How We Govern Responsible Investment
Responsible investment at KKR is integrated into our Firm’s investment and governance practices and is reflected in our Private Equity ESG Policy. A cross-functional global team of professionals manages our responsible investment strategy and implements it across relevant asset classes. This team keeps abreast of industry trends and provides resources, knowledge, and leading practices to our portfolio companies. The team collaborates across the Firm, increasingly focused on opportunities to invest in companies that provide critical solutions. Our one-firm approach guides all that we do and ensures that members of various teams are engaged throughout our efforts. Read our Private Equity ESG Policy here.
In addition, we endorse relevant private equity industry guidelines for responsible investment. In 2009, we became a signatory to the globally recognized voluntary framework of the Principles for Responsible Investment (PRI) and helped to develop the American Investment Council Guidelines for Responsible Investing. We are actively involved with both organizations and continue to use these frameworks to help guide and align our efforts.
Our Governance Structure
KKR’s senior leaders provide oversight of our responsible investing efforts, including solutions focused investments, and accountability extends throughout the organization. Global and regional team members, supported by subject matter experts, collaborate to implement an integrated approach.
Progress Through Partnerships
Our progress is the result of productive partnerships, internally and externally. Our dedicated and committed team members collaborate across the Firm and often tap the expertise of leading external advisors, industry peers, and portfolio companies. Nongovernmental organizations (NGOs), public interest groups, and industry associations can be powerful partners and advisors in helping us realize social and environmental benefits that align with our business goals. As we work together toward common objectives, we can foster growth that is shared by all.
We strive to help advance consistent ESG integration and reporting in the private equity industry. For example, KKR has actively engaged with the Sustainability Accounting Standards Board (SASB) since 2012 to enhance our understanding and evaluation of the sustainability factors that are material to our portfolio companies’ businesses. Elizabeth Seeger, Director, Sustainable Investing, currently serves on the SASB Standards Board. Working together, our team and external partners help keep our responsible investment strategy in sync with current industry trends and our objectives.
Collaborating with Our Fund Investors
KKR fosters dialogue about responsible investment policies and practices with our fund investors. For the second time, KKR is publicly sharing responses to the Principles for Responsible Investment (PRI) Limited Partners’ Responsible Investment Due Diligence Questionnaire, available here.