KKR has released its 11th annual sustainability report which outlines how the company manages ESG issues across its investment portfolio and global operations.
KKT says 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 include KKR:
Committing more than $25 billion of equity to climate and environmental sustainability investments since 2010.
Further scaling ESG capabilities in 2021 by tripling the firm’s dedicated team of Sustainable Investing
Developing a proprietary scorecard to assess the ESG characteristics of applicable investments across KKR’s leveraged and private credit portfolios.
Investing in ERM, the largest global pure-play sustainability consultancy, through its Core Private Equity strategy.
Supporting local communities by allocating more than $33 million to more than 150 nonprofits through KKR’s COVID-19 Relief Effort since 2020.
Appointing a new Chief Diversity Officer and Head of Talent and hiring more than 550 new employees in 2021, a record number, over 50% of whom are diverse.