ESG frameworks have gained significant prominence due to growing awareness around climate change, social equality, and the long-term sustainability of business practices. As a result, many companies–both public and private–have begun to adopt ESG strategies.
As of 2020, nearly 90% of publicly traded companies, 79% of venture and private equity-backed companies, and 67% of privately-owned companies had Environmental, Social & Governance (ESG) initiatives in place.
At Sapphire, we recognize our role as a venture firm in helping create a more sustainable, equitable, and diverse environment within our firm and across our portfolio. That’s why we’ve established our inaugural ESG framework and have started to evaluate performance in the following five core ESG areas that we believe are most impactful for our stakeholders:
Download the report to learn where Sapphire and its portfolio companies stand on key ESG metrics.