New York, New York, August 6, 2021 – Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the healthcare and technology industries, is pleased to announce that the Firm has signed the United Nations-supported Principles for Responsible Investment (PRI). The PRI is the world’s leading proponent of responsible investment, and its signatories represent a global group of investors that pledge to make an effort to incorporate the implications of Environmental, Social and Governance (ESG) factors into their investment and ownership decisions.
WCAS’s commitment to sustainability is driven by the Firm’s leadership team and resulted in the adoption of a formal Environmental, Social and Corporate Governance (“ESG”) policy in 2013. Over time, WCAS has built its ESG program and continues to enhance its ESG initiatives.
“We are delighted to welcome WCAS on board as a PRI signatory,” commented Fiona Reynolds, CEO of the PRI. “As a leading private equity firm focused on healthcare and technology, it is great to see WCAS’s commitment to supporting ESG initiatives across its portfolio. We look forward to working together in the future.”
WCAS Managing Partner D. Scott Mackesy said: “We signed the UN-supported PRI because we believe that encouraging ESG policies and processes will benefit current and future generations. Joining such an esteemed organization underscores the importance of ESG considerations at our Firm and portfolio companies. We look forward to working with the PRI on our future ESG endeavors.”
About Welsh, Carson, Anderson & Stowe
WCAS is a leading U.S. private equity firm focused on two target industries: healthcare and technology. Since its founding in 1979, the Firm’s strategy has been to partner with outstanding management teams and build value for its investors through a combination of operational improvements, growth initiatives and strategic acquisitions. WCAS has raised and managed funds totaling over $27 billion of committed capital. For more information, please visit www.wcas.com
About the Principles for Responsible Investment:
The PRI 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. Launched in New York in 2006, the PRI has grown to more than 4,000 signatories, managing over US $121 trillion AUM.
For more information on the PRI visit www.unpri.org
Media Contact
Greg Lau, WCAS | 2128939586 | glau@wcas.com
Jon Rather, WCAS | 2128939570 | jrather@wcas.com