Responsibility
Vitruvian Partners is committed to responsible and sustainable investment principles – it is good business practice and good citizenship.
A well-designed and well-implemented ESG approach is of positive societal and economic value to any business, both through the enhancement of revenues and reputation, and the reduction of risks and costs.
Vitruvian has been ranked in the Top 1% of 500+ firms globally for four of the last five years for long-term financial returns by Dow Jones. Vitruvian’s ESG practices support the achievement of world-class returns.
Asset Light Investment Strategy
We work in partnership with our portfolio companies to reduce emissions wherever possible and to implement ESG objectives and KPIs that are relevant to their business and add commercial value.
We actively support regulatory improvements and the opportunities they provide for innovation.
Vitruvian has been a signatory of the UN supported Principles of Responsible Investment (“PRI”) since 2017.
Vitruvian is proud to partner with Climate Partner for emissions measurement, offset and renewable energy certificate purchases.
Our Approach
Our portfolio companies are typically established, profitable businesses with experienced senior managers; they are predominantly headquartered in Europe, the US, and other developed countries.
Environment
We seek to implement environmental best practice, having been operationally carbon neutral as a firm since 2019 and carbon negative from 2022.
This includes measuring and offsetting the firm’s material scope 3 emissions including flights, data centre energy use, employee commuting and WFH.
Climate
Climate change is being considered at the Firm and portfolio company level from the perspective of risk and opportunity identification and management.
We assess our portfolio against climate risk scenarios within the recommendations of the Task Force on Climate Risk Disclosure (TCFD).
Governance
Vitruvian is authorised and regulated by the UK Financial Conduct Authority. Vitruvian is a signatory to the United Nations Principles of Responsible Investment.
In our ESG practice we reference international standards such as SASB and the UNGC, amongst others.
Stewardship
Stewardship is integral to our business model. Our presence on company boards ensures a high quality of governance.
Where Vitruvian has majority ownership and influence we appoint an ESG champion to deliver on agreed ESG objectives and KPIs. This approach is bespoke to each portfolio company and has delivered successful ESG outcomes.
Social
We have never invested nor intend to invest in any company where we believe there to be heightened risks relating to human rights: modern slavery, forced labour, human trafficking, and/or child labour.
Codes of conduct and employee well-being are important to us as they are to our portfolio companies.
Engagement
Vitruvian hosts an annual ESG Forum for its portfolio companies and interested LPs. In 2024, the theme of our fifth ESG Forum was "Driving value from ESG compliance".
Our team engages with policymakers, experts and other key stakeholders to better understand the interaction between industry-wide ESG trends and our portfolio.
Initiatives
Vitruvian’s supported carbon offset project (covering 2023) is the Bagepalli Afforestation project in India. The project has been assessed as ‘Gold Standard’ (as validated by TÜV SÜD Industrie Service GmbH) and contributes to multiple United Nations’ Sustainable Development Goals (SDGs).
The project involves reforesting degraded agricultural land in five taluks of the Chickballapur district in the Indian state of Karnataka.
The project supports a total of 1,296 farming families from 155 villages in cultivating and reforesting the land.
Local farmers plant mango, cashew, silver oak, tamarind, jamun and other seedlings and protect them from animal browsing by fixing thorny branches. This initiative helps combat climate change while also providing essential crops for farmers.
Investment Reports & Policies
Responsible Investment Policy
A summary of Vitruvian’s ESG policy is available here:
TFCD REPORT
Vitruvian’s entity-level climate-related risk and opportunity report, in line with the recommendations of the Taskforce on Climate-Related Financial Disclosures.
Responsible Investment: Public ESG Report 2023
To learn more about Vitruvian’s ESG efforts please see the public version of our 2023 ESG Report here:
Responsible Investment: Public ESG Report 2022
To learn more about Vitruvian’s ESG efforts please see the public version of our 2022 ESG Report here: