Sustainability

We integrate material ESG risks and opportunities into the investment lifecycle to generate long-term sustainable value across our portfolio and deliver superior risk-adjusted for our investors.

We are committed to investing responsibly and continue to evolve our practices across the investment lifecycle as well as our own firm.

Investing Sustainably*

We strive to drive returns for our investors while also investing responsibly. We do this through:

  • Overseeing our ESG strategy with a dedicated Head of ESG and ESG Committee comprised of senior FP leaders.
  • Embedding material ESG factors into our investment process to help identify risk and opportunities.
  • Monitoring and engaging with portfolio companies on ESG initiatives that are important to their business to create long-term value.
  • Being transparent and accountable to our stakeholders.

Francisco Partners’ portfolio companies continue to demonstrate leadership through being awarded best places to work in their local communities

As an investment manager, one of our most important assets is our people. We are committed to honoring a diversity of backgrounds and thought in building a firm that recruits, develops, and retains exceptional professionals.

Diversity at FP

Different perspectives are essential to our success and growth and we seek to cultivate an inclusive environment where individuals feel heard, respected, and valued. We believe that an increased level of diversity in perspectives across our firm drives better outcomes for our investments.

We are committed to the communities in which we operate. In 2021, we introduced a new charitable giving and volunteer program.

The initiative includes an employee match program and an annual global volunteer day for the firm as well as smaller volunteer group activities. Each employee is also granted one day of paid leave for any volunteering activities undertaken separate of FP-organized events.

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Charitable giving and volunteer program founded January 2021

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Employees across Francisco Partners portfolio companies participate

Contact

For Additional Information on Francisco Partners and our approach as well as details on our ESG Policy, please send an email to [email protected].

*Disclosures

Transparency of Sustainability Risk Policy

This disclosure is required under Article 3 of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”). In this disclosure, “sustainability risk” has the meaning given in SFDR, being “an environmental, social or governance event or condition that, if it occurs, could cause an actual or potential material negative impact on the value of the investment”.

Francisco Partners Management, L.P. (the “Management Company”) integrates sustainability risks into its investment process subject to and in accordance with any fiduciary duties owed by the Management Company or any of its affiliates or any legal, regulatory or contractual obligations. When evaluating investment opportunities, the Management Company considers sustainability risks associated with such opportunities as well as considering whether there are serious environmental, social and governance (ESG) or reputational concerns with regard to prospective portfolio companies or other assets. In particular, the Management Company evaluates material ESG risks, mitigating factors and opportunities applicable for the asset type (and the industry as a whole). The Management Company tracks relevant data, and where appropriate, integrates such data into the investment research, acquisition and post-acquisition monitoring process. The Management Company endeavors to consider material ESG issues in connection with its investment decisions and company ownership practices, and in furtherance of this commitment, has developed guiding principles with respect to Environmental, Social and Governance matters as a part of its broader Responsible Investing ESG Policy (“ESG Policy”) to guide the Management Company’s consideration of material ESG issues throughout the investment process. The Management Company's ESG Policy is available to investors in the funds managed by the Management Company upon request.

No consideration of principal adverse sustainability impacts

This disclosure is required under Article 4 of SFDR. In this disclosure, “sustainability factors” has the meaning given in SFDR, being “environmental, social and employee matters, respect for human rights, anti-corruption and anti-bribery matters”.

The Management Company aims to manage the risk connected to adverse impacts from its investments in several ways, including during investment diligence. The Management Company has considered, and continues to consider, ESG factors in its investment process to deliver risk-adjusted returns but it does not consider adverse impacts of investment decisions on sustainability factors as specifically set out in SFDR. The Management Company has chosen not to do so for the present time as it considers that its existing ESG policies and procedures are appropriate, proportional and tailored to the investment strategies of the funds managed by the Management Company. The Management Company continues to closely monitor regulatory developments with respect to the SFDR and other applicable ESG-focused laws and regulations, including the implementation of related and secondary legislation and regulatory guidance, and will, where required or otherwise appropriate, make changes to its existing policies and procedures.

Note: Funds managed by the Management Company do not have a sustainable investment objective as defined under SFDR.