Over its nearly 40-year history, HarbourVest has sought to align its interests with those of our investors, investment partners, and staff around the world. Doing so on a consistent basis has allowed us to proudly build and maintain a culture of ethical behavior, transparency, and social responsibility in both our investments and operations.
From investing responsibly to being conscientious corporate citizens, ESG is a firm priority
Investment Practices | Monitoring & Reporting | Corporate Culture
Integrate ESG factors into investment practices
As a signatory to the Principles for Responsible Investment (PRI), HarbourVest is committed to incorporating ESG analysis and high ethical business standards into all of our investment activities.
Foster GP adoption and support
We encourage GPs to adopt or strengthen commitments to responsible investment through dialogue and monitoring of their ESG integration practices.
Reflect values in policies and products
We have developed policies and procedures to support the enactment of our ESG values and have experience helping clients achieve their ESG objectives through customized investment solutions.
Govern efforts through senior leadership
Our commitment to ESG starts from the top, and our senior leadership takes responsibility for developing and executing on our strategic vision.
Provide transparency to stakeholders
We work to align our interests with investors, investment partners, and employees by providing all stakeholders, including clients, with transparency into our decision-making.
Updated ESG Policy
We updated our ESG Policy in early 2021 to reflect our evolving ESG practices and deep commitment to responsible investing.
The new Policy includes more detailed information on our ESG integration processes and reflects our strategic commitments to climate change and diversity and inclusion.
A proud PRI signatory since 2013, we undergo an annual reporting and assessment process through which our ESG capabilities are ranked.
Our 2020 PRI rankings: Strategy & Governance: A+ Indirect Investments: A+ Direct Investments: A
HarbourVest is partnering with BSR, a global non-profit business network and consultancy dedicated to sustainability, to provide us with strategic training and advice on ESG themes.
See our TCFD Report section for a summary of the work BSR did with our senior team on climate change scenario analysis.
OUR ESG JOURNEY
Since 1982, we have consistently aspired to high professional and ethical standards, focusing on investing responsibly and elevating clients' concerns to the GP community. As ESG has become a more critical investment factor, we have evolved in line with our clients’ objectives and needs.