Social Responsibility
New Mountain Capital prioritizes growth and business building in its investing approach, and emphasizes job creation as well as the importance of environmental, social and governance initiatives. This focus is part of New Mountain’s long-term, sustainability-oriented attitude to investing and its aim to improve the quality of our portfolio companies.
01
ESG Philosophy
New Mountain emphasizes investing in a sustainable and responsible way, with a focus on improving environmental, social, and governance issues within our portfolio companies and at the Firm.
New Mountain has identified 24 key ESG Metrics that have been integrated into the due diligence and monitoring process for private equity and credit investments. New Mountain creates an ESG Annual Report for investors, which summarizes progress and specific actions taken to improve ESG metrics at each portfolio company.
24 Key NMC ESG Metrics
Environmental
01
Air & Water Pollution
02
Deforestation
03
Energy Efficiency
04
Hazardous Materials
05
Land Degradation
06
Resource Depletion
07
Waste Management
08
Water Scarcity
Environmental
01
Air & Water Pollution
02
Deforestation
03
Energy Efficiency
04
Hazardous Materials
05
Land Degradation
06
Resource Depletion
07
Waste Management
08
Water Scarcity
Social
01
Job Creation
02
Customer Satisfaction
03
Data Protection & Privacy
04
Diversity & Equal Opportunities
05
Employee Attraction & Retention
06
Labor Standards
07
Product Safety & Liability
08
Supply Chain Management
Social
01
Job Creation
02
Customer Satisfaction
03
Data Protection & Privacy
04
Diversity & Equal Opportunities
05
Employee Attraction & Retention
06
Labor Standards
07
Product Safety & Liability
08
Supply Chain Management
Governance
01
Accounting Standards
02
Anti-Competitive Behavior
03
Board Composition
04
Bribery & Corruption
05
Business Ethics
06
Compliance
07
Executive Remuneration
08
Risk Management
Governance
01
Accounting Standards
02
Anti-Competitive Behavior
03
Board Composition
04
Bribery & Corruption
05
Business Ethics
06
Compliance
07
Executive Remuneration
08
Risk Management
Job Creation & New Mountain’s “Social Dashboard”
Since 2008, New Mountain Capital has proactively published an annual Social Dashboard, which reports on key metrics within our private equity portfolio companies, including net job creation, total investment in R&D, capital expenditures, and employee salaries in comparison to U.S. median income.
Private Equity Portfolio Companies Under NMC’s Ownership as of 2021:
~61,500
Jobs added or created, net of any job losses1
Median Income ~93%
above national individual median income2
$6.8B+
of R&D, software development, and capital expenditures3
$74.5B+
enterprise value gains
Never a bankruptcy or missed interest payment
Please see the Disclosures for source data.
02
03
Organizations
New Mountain is a signatory of the United Nations Principles of Responsible Investing (UNPRI) and a member of the American Investment Council (AIC).
United Nations Principles of Responsible Investing
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole.
American Investment Council
The American Investment Council (AIC) is an advocacy and resource organization established to develop and provide information about the private investment industry and its contributions to the long-term growth of the U.S. economy and retirement security of American workers. Member firms of the AIC consist of the country’s leading private equity and growth capital firms united by their successful partnerships with limited partners and American businesses.