Founded in 2000 in San Francisco, California, Vista Equity Partners is a global investment firm with USD 96 billion in assets under management as of 31 March 2022. It invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies. The firm has several offices across USA and an office in Hong Kong.
Vista Equity Partners has a grievance mechanism accessible to all workers, external individuals and communities to raise complaints or concerns related to human rights and bribery and corruption. The financial institution discloses the proportion of women in its total direct operations workforce for each employee category. It also discloses a public commitment to protect personal data.
In terms of its approach to senior leadership accountability, Vista Equity Partners has an opportunity to link the remuneration of its executive and management teams to sustainability performance criteria. Furthermore, there is no evidence that the financial institution has at least 40% women on the highest governing body. In addition, Vista Equity Partners has an opportunity to reach at least 40% female representation in senior leadership positions and disclose the ratio of basic salary and remuneration of women to men in its total direct operations workforce for each employee category. The financial institution also has an opportunity to describe its engagement approach on sustainability themes and impact topics with investees across its assets under management.
While Vista Equity Partners has an interim target for its private equity and permanent capital portfolio, it has an opportunity to disclose an interim target which covers all its assets under management. Furthermore, it 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. The financial institution could disclose the amount of its investment devoted to climate solutions. Regarding nature and biodiversity, no evidence was found that the financial institution is committed to minimising its negative impacts or investing in regenerative solutions.
There is no evidence that Vista Equity Partners has a publicly available policy statement committing it to respect human rights laid out in the UN Guiding Principles and the ILO declaration on fundamental rights at work. It has an opportunity to describe a comprehensive process for identifying its human rights risks and impacts across all its activities, especially its investment activities. There is no evidence that the financial institution discloses the proportion of its total direct operations workforce for each employee category by age group. To provide transparency on financial inclusivity, Vista Equity Partners has an opportunity to disclose the amount of investment directed towards, for example, women-owned businesses, small- and medium-sized enterprises (SMEs) or low-income developing countries.