CVC Capital Partners PLC

Lobbying Governance

AI Extracted Evidence Snippet Source

The Sustainability Committee meets four times a year. In 2024, the Committee approved our overall strategy and approach to sustainability, including approving the setting of a number of sustainability-related targets. The Committee also approved the approach and findings of the double materiality assessment. The Sustainability Committee reports on sustainability matters to the Partner Board and the Board, including during the annual sustainability reporting process. [...] The Sustainability Committee oversees the setting of targets through periodic reviews of the sustainability strategy, and the GRC monitors progress towards certain targets through its quarterly dashboard, thus monitoring the management of the identified impacts, risks and opportunities. [...] The Sustainability Committee and Group Risk Committee together contain members with expertise in the three material sustainability themes of environment, social and governance, as well as general risk management. In addition, the Head of Sustainability and the Sustainability team possess a significant number of years of sustainability experience between them, and engage legal and sustainability experts to provide ongoing support where necessary. [...] The Sustainability Committee is responsible for designing, setting and recommending to the Partner Board the sustainability strategy for the Group, and developing, reviewing and recommending sustainability governance structures and reporting lines. It is further charged with preparing an assessment of our material sustainability impacts, risks and opportunities, and the annual monitoring of these. We will review the double materiality assessment annually to assess whether the outcome is still relevant. When required, we will reperform the double materiality assessment.

https://www.cvc.com/media/k5ijjr4j/cvc-annual-report-and-accounts-2024_sustainability-report.pdf