FLC is deeply committed to making a positive social impact through integrating Environmental, Social, and Governance (ESG) considerations into its investment process and its corporate culture.
As a signatory to the United Nations Principles of Responsible Investment and the Institutional Limited Partners Association’s Diversity in Action initiative, FLC has a formalized commitment to serve as a responsible investor and firm. We seek to partner with private equity sponsors as committed to social responsibility as we are and to impact ESG factors at each portfolio company during the investment process. Similarly, FLC aims to serve as a good corporate citizen by developing a diverse team, holding our people to the highest ethical standards, and favorably impacting the environment and our communities through our personal actions.
Responsible Investor
Sourcing
FLC establishes deal-sourcing partnership with private equity sponsors that are committed to implementing ESG in their investments and portfolios.
Decisions
FLC integrates its proprietary ESG Scorecard framework into all investment decisions in order to identify risks and improvement opportunities in each co-investment portfolio company.
Governance
FLC employs influence as a minority co-investor to make improvements in identified ESG issues and opportunities at each co-investment portfolio company.
Reporting
FLC provides transparent, regular communication to its limited partners of its evaluation of and progress on ESG factors across its co-investment portfolio.
Monitoring and Exit
FLC monitors and tracks ESG topics through use of its proprietary ESG Scorecard to ensure improvement on key metrics by the time of each co-investment portfolio company exit.
Responsible Firm
Diversity and Inclusion
FLC has made a firmwide commitment to seek diversity in its team, to foster a culture of mutual respect, and to develop and promote diverse employees.
Ethics
FLC requires dedication by its employees to the highest standards of ethical behavior and to abide by these ideas in the workplace and with outside parties.
Environmental Impact
FLC has made a firmwide commitment to mitigate its environmental impact through the use of environmentally friendly products and reduced energy use.
Training and Development
FLC trains all its investment team members upon starting employment and annually on the identification of and management of ESG issues.
Community Impact
Both directly and through its team members, FLC seeks to give back to its communities through personal volunteering and charitable giving.