Responsible Business
From the due diligence in our investments, to choices we make in growing each company, at Oak Hill we focus on living our values and conducting our business in a responsible manner. *
PARTNERSHIPS
Our Responsible Business Partners
For the past decade, Oak Hill and EDF have teamed up to implement market- based solutions to environmental problems. For example, as a partner of the nonprofit Emergent Forest Finance Accelerator, our Firm is working with EDF to catalyze tropical forest protection. In addition, Oak Hill portfolio companies have participated in EDF’s Climate Corps program, an innovative fellowship that helps cultivate the next generation of sustainability leaders.
As a signatory of the Principles for Responsible Investment, Oak Hill publicly demonstrates our commitment to build a more sustainable financial system. In 2014, Oak Hill was an early middle- market private equity firm in North America to become a PRI signatory. Since 2014, we have participated in PRI’s Reporting Framework, which measures a firm’s adherence to ESG-related issues such as strategy and governance, investment processes, and ESG policies and processes.
Oak Hill became a Diversity in Action Signatory in 2021. The ILPA Diversity in Action initiative brings together limited partners and general partners who share a commitment to advancing diversity, equity and inclusion in the private equity industry. The goal of the initiative is to motivate market participants to engage in the journey towards becoming more diverse and inclusive and to build momentum around the adoption of specific actions that advance DEI over time.
In early 2022, Oak Hill became a founding member of Ownership Works, a nonprofit with a mission to increase prosperity through shared ownership at work. We will work with this new coalition of 60 investors, corporations, foundations, pension funds, and labor advocates to create meaningful wealth- building opportunities for employees at our portfolio companies.
THE FIRM
Our Responsible Business Team
Pictures
Oak Hill Team
Our Outside Experts:
ESG Consultant: 15+ years of experience in the field, reviews each potential investment to ensure the company complies with the Firm’s Responsible Investment Policy and analyzes emerging ESG risks and opportunities. Engages directly with our port cos to implement our ESG program
Human Resources: A team of lawyers at Faegre Drinker Biddle & Reath LLP evaluates portfolio company human resources management, including policies, processes, and expertise related to hiring, onboarding, and training new employees.
Risk Management: Oak Hill’s Operational Risk Advisor reviews all potential investments to ensure that they are adequately covered with insurance for incidents that we believe could result in negative ESG impacts.
Pensions, Benefits and Health Care: A dedicated team of mergers and acquisitions consultants at Alvarez & Marsal conduct financial reviews of any qualified or supplemental pensions, including the potential impact of these obligations on enterprise value, prior to purchasing any company.
* The ESG and DEI considerations and analysis described above reflect the subjective views of Oak Hill. There is no guarantee that the criteria utilized by Oak Hill, or any judgment exercised by Oak Hill, will be consistent with the beliefs or values of any particular person or industry participant. In addition, while Oak Hill integrates certain ESG factors into its investment process in accordance with its ESG policy and subject to its fiduciary duty and any applicable legal, regulatory or contractual requirements, there is no guarantee that Oak Hill's ESG policy will be successful or that it will create a positive ESG impact.
** Principles for Responsible Investment (“PRI”) is not considered an official rating agency, and their Assessment Report is one measure of Oak Hill’s ESG initiatives. For more information on PRI qualifications and reporting metrics, please see unpri.org.