MPE continues to refine and enhance its commitment to ESG
We believe that responsible Environmental, Social, and Governance (āESGā) practices are highly consistent with our Guiding Principles. To that end, MPE seeks to promote ESG practices within our firm, our investment processes, and our portfolio companies.
MPE formally ratified its ESG Program in the fourth quarter of 2020. At that time, the firm created a six-member sub-committee in order to report progress on the firmās ESG initiatives and also to continuously refine and enhance the firmās commitment to ESG.
MPE encourages its portfolio companies to embrace ESG practices and works with portfolio management teams to identify relevant ESG key performance indicators. We believe that promoting and monitoring ESG at our portfolio companies helps to create long-term stakeholder value.
In 2021, MPE developed its Project Evergreen initiative to source manufacturing and industrial services investment opportunities that address ESG issues within the firmās target investment verticals. For more information on Project Evergreen, please download the overview below.