News
LDC builds on ESG Commitments with senior hire
16 Jun 2022
Leading mid-market private equity firm LDC has appointed Alex Bexon as ESG Director to continue its support of portfolio management teams as they pursue their ESG ambitions.
Alex joins from Deloitte, having spent 10 years in the company’s ESG Advisory practice, where he helped businesses to develop ESG strategies and understand, track and clearly communicate their performance to stakeholders.
In his new role, Alex will work across LDC’s national portfolio, supporting the firm’s ongoing ESG programme, which is embedded throughout the lifecycle of its partnerships, from the initial investment through to exit.
Alex will also help LDC to pursue and achieve its own ESG commitments. These include ensuring LDC’s operations are net zero by 2030, proactively addressing diversity and inclusion and continuing to champion the principles of good corporate governance.
Toby Rougier, Chief Executive of LDC, said: “We have been supporting the growth of the UK mid-market since our formation in 1981, and our parent company Lloyds Banking Group has supported businesses and individuals for more than 320 years. As the UK’s most active investor in medium-sized businesses, we have the ability to positively influence the ESG contributions of the businesses we support.”
Alex’s appointment will help us to continue to embed ESG into all of our activity and practices, as a company, an employer, and an investor.”
Alex Bexon, ESG Director at LDC, added: “While many business leaders are keen to make progress towards contributing to a more sustainable and inclusive future, there’s a prevailing ambiguity around the practical steps they can take now to achieve this. I’m looking forward to working closely with LDC’s portfolio businesses to help them to deliver clear and bespoke strategies that they can measure and reflect on positively in the years to come.”
Over the last 40 years LDC has helped many mid-market companies to have a positive impact on the UK’s economic growth, employment and regional development. Since 2012, LDC has supported the creation of more than 10,000 jobs and the growth of its portfolio companies over the same period have contributed an additional £2.1bn to UK GDP. The firm is committed to investing in at least 100 mid-market business over the next five years.
