ESG: progress across our portfolio
10 Jul 2023
10 Jul 2023
At LDC, we’re committed to embedding ESG performance at all levels of our business. It’s an essential part of how we operate and that includes championing excellence in ESG across our portfolio.
From initiatives to tackle skills shortages to insight driven reports, here’s just a few of the ESG developments from across our portfolio in the last month.
Red Helix: Nurturing talent
Aylesbury-based UK cyber security managed service provider, Red Helix, is continuing to tackle the cyber skills shortage. The Red Helix Coding Club is providing primary school children with exposure to the real-world applications of STEM with the hopes of encouraging more diversity in the sector as well as fostering greater social mobility. Read more here.
MSQ and Forest Holidays: B Corp certification
Following a two-year process, global marketing group MSQ achieved B Corp certification. This evidences the company’s commitment to be a force for good. The B Corp status applies to the entire MSQ group, which consists of 13 offices and is home to more than 1,200 people working in creative, insight, technology and data worldwide. Read more here.
This announcement was closely followed by our recently exited portfolio company Forest Holidays also achieving B Corp status. The company continues to lead the way with a pioneering business model that carefully balances planet, purpose and profit. Read more here.
Idwal and Precision Micro: Insight driven reports
In Wales, maritime intelligence and inspection services provider Idwal launched a pioneering individual vessel-level ESG report for its clients. This enables businesses across the maritime industry to improve decision making and take a significant step forward in responsible business practices with greater transparency, accountability and success. Read more here.
Elsewhere within our portfolio, Birmingham-based Precision Micro published its first ESG impact report. The photochemical etching company celebrated some of its recent environmental achievements, which included reducing its total waste by 45% and increasing its waste material recycling to 98%. The company has also begun to generate 100% of its energy from renewable sources. Read more here.
Beyond our portfolio
Alongside our support of ESG initiatives across our portfolio, we are also increasing our support for local charitable causes across the UK.
In June, this included our West Midlands team spending a day clearing woodland for long-term partner Birmingham Women’s and Children’s NHS Foundation Trust at their Parkview Clinic. The centre provides mental health support for children and adolescents and is a cause our team is incredibly passionate about.