06/23/2022 | Press release | Distributed by Public on 06/23/2022 05:06
New report highlights progress in scaling sustainability-focused initiatives and outlines Global Ambitions for ESG performance
NEW YORK-(BUSINESS WIRE)- KKR, a leading global investment firm, today released KKR's 11th annual Sustainability Report. The report, titled Scaling Up, outlines how KKR has been scaling efforts to manage environmental, social and governance (ESG) issues across its investment portfolio and global operations. The report represents a significant expansion of KKR's previous ESG-focused disclosures, featuring more detailed and robust reporting on progress and sustainability-related investments and initiatives. Highlights of recent progress include:
The report outlines KKR's plans to continue these efforts through a formal set of Global Ambitions, which build on over a decade of learnings and work with portfolio companies, with the goal of inspiring strong performance across four focus areas, including Management and Governance, Human Capital, Climate, and Data Responsibility. Each area of the Global Ambitions includes broad objectives that differ by asset class and reflect areas where KKR believes it can help mitigate ESG-related risks and capture value creation opportunities, particularly in its private markets funds. For example, having at least two diverse members on each board and having a strategy for fostering a diverse and engaged workforce are ambitions under Human Capital.
"Today, more than ever, it is critical to consider our responsibility to a wider range of stakeholders in order to continue delivering on behalf of our clients and shareholders," said Joe Bae and Scott Nuttall, Co-Chief Executive Officers of KKR. "We are proud of the progress we've made over the past 14 years and look forward to building on it further through our Global Ambitions."
Visit www.kkresg.com to download the full 2021 Sustainability Report and access additional information, including the Cautionary Statements therein, about KKR's sustainability efforts.
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co.
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Source: KKR