As a signatory to the Principles for Responsible Investment (PRI), HarbourVest’s ESG efforts are measured annually in the key areas of Strategy & Governance, Indirect Investments, and Direct Investments. The 2018 report is finalized and we are proud to share that we achieved our highest grades yet. The table below summarizes our year over year results:

Our Strategy & Governance grade improved in part from having clearly assigned roles and responsibilities among ESG Committee members, as well as our ongoing investment in personnel development and training. In the Indirect category, which includes primary fund investments and secondary investments, the firm’s monitoring capabilities and high advisory board participation rates helped us make strong gains. On the Direct side, our approach to responsible investing – particularly how we integrate ESG considerations into our due diligence process – helped drive our grade from a ‘B’ in 2017 to an ‘A’ this year. We look forward to work hard to maintain these exceptional scores into the future.

To view the HarbourVest 2018 PRI Transparency Report, click here.