Aethon Capital Publishes 2024 Annual ESG Report, Highlights Progress on Net Zero Commitment

Aethon Capital today released its 2024 Annual Environmental, Social, and Governance ("ESG") Report, outlining the firm's continued progress in integrating sustainability considerations across its investment processes and portfolio operations.

Key highlights from the report include:

Portfolio-wide carbon emissions reduced by 28% year-over-year, on track to meet the firm's 2040 net zero commitment. Aethon became a signatory to the Science Based Targets initiative (SBTi) and submitted near-term and long-term targets for validation.

"Responsible investing is not merely a compliance exercise for Aethon—it is fundamental to how we create and protect value for our investors and stakeholders," said Jonathan W. Hargrove, CEO. "We believe companies that proactively manage ESG risks and opportunities are better positioned for long-term outperformance."

Additional highlights include: - 92% of portfolio companies now have dedicated ESG officers or committees - Launched the Aethon Diversity & Inclusion Initiative, setting measurable targets for portfolio company board diversity - 100% of new investments underwent comprehensive ESG due diligence - Portfolio companies created over 14,000 new jobs during the reporting period - Invested $45 million in workforce development and training programs across the portfolio

Catherine M. Reeves, President and COO, added: "We are proud of the progress our portfolio companies have made, but we recognize that much work remains. Our 2024 priorities include expanding Scope 3 emissions reporting, enhancing biodiversity assessments, and deepening our focus on supply chain sustainability."

The full report is available on Aethon Capital's website and aligns with reporting frameworks including TCFD, SASB, and the UN Principles for Responsible Investment.