TPG

TPG describes the engagement process with its portfolio companies on sustainability themes and impact topics. 

TPG discloses how it engages with portfolio companies on decarbonisation and climate resilience, including a programme to build greenhouse gas inventories for portfolio companies based on which it will advise them on emissions reduction and decarbonisation.  

No leading practices were identified for the financial institution in the adhering to societal conventions measurement area. 

In terms of its approach to senior leadership accountability, TPG has an opportunity to assign responsibility for sustainability to the group’s highest governing body and link the remuneration of its executive and management teams to sustainability performance criteria. Furthermore, no evidence was found that the financial institution commits to gender equality and women’s empowerment. It has an opportunity to disclose the proportion of women in senior leadership roles as well as how it addresses any gender pay gaps. In addition, TPG has an opportunity to disclose about a framework with success criteria and escalation points in its engagement process and describe how the engagement policy is applied in practice.  

There is no evidence that TPG discloses a target to reach net-zero financed emissions by 2050. It could clarify whether it engages with its investees on the topic of alignment with the Paris Agreement. Furthermore, TPG could discloses the amount of its investment devoted to climate solutions. Regarding nature and biodiversity, no evidence was found that the financial institution is committed to minimising its negative impacts or financing regenerative solutions. 

There is no evidence that TPG has a publicly available policy statement committing it to respect human rights. It has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. Furthermore, financial institution could disclose the proportion of its total direct operations workforce for each employee category by age group, gender or another indicator of diversity. To provide transparency on financial inclusivity, the financial institution has an opportunity to disclose the amount of investments directed towards low-income developing countries.