Bain Capital is a private equity firm headquartered in Boston, Massachusetts. The financial institution specialises in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. As of 2021, it has 1200 employees and USD 160 billion in assets under management.
In terms of its approach to senior leadership accountability, there is no evidence that Bain Capital assigns responsibility for sustainability to the group’s highest governing body. There is also no evidence that the financial institution links the remuneration of its executive or management teams to sustainability performance criteria. No evidence was found that Bain Capital is committed to gender equality and women’s empowerment. It has an opportunity to disclose the proportion of women in the highest governing body and in senior leadership roles as well as how it addresses any gender pay gaps. Bain Capital has an opportunity to describe its engagement approach on sustainability themes and impact topics with investees.
There is no evidence that the financial institution discloses a target to reach net-zero financed emissions by 2050. The financial institution has an opportunity to disclose the key sectors and companies it has identified as priorities to engage with on climate change, specifically on the alignment with the Paris Agreement. There is no evidence that the financial institution discloses its financing activities devoted to climate solutions. Regarding nature and biodiversity, no evidence was found that the financial institution is committed to minimising its negative impacts or financing regenerative solutions.
Bain Capital has a publicly available policy statement committing it to respect human rights while making investments. However, it does not specify that this commitment covers all its activities. The financial institution has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its financing activities. The financial institution has an opportunity to disclose the proportion of its total direct operations workforce for each employee category by age group, gender or another indicator of diversity. To provide transparency on financial inclusivity, the financial institution has an opportunity to disclose the amount of investments directed towards low-income developing countries.