Vistria’s Impact Policy

Vistria is a next generation private investment firm that operates at the intersection of the public and private sectors, in industries selected for their rich impact potential and importance to the growth and stability of our society.

Our diverse team is committed to the meaningful incorporation of impact considerations during each stage of the investment lifecycle and maintains that doing so makes companies more valuable and contributes to a more stable, thriving society.

We are committed to partnering with companies that practice strong corporate conduct, are dedicated to progress on a set of Environmental, Social, and Governance (“ESG”) factors, and are also driving quality and outcomes through their core products and services.

Vistria invests in solutions that scale.

Our Process

Vistria considers impact at each stage of the investment lifecycle.

THEME DEVELOPMENT

Vistria develops, identifies, and assesses investment themes based on long-term impact potential and growth opportunities.

DUE DILIGENCE

Impact is a key consideration for Vistria’s Investment Committee. TVG conducts impact diligence, engaging with potential management teams to assess each company’s conduct as well as the quality and outcomes metrics associated with their products and services.

OWNERSHIP

Post-close, impact is embedded in Vistria’s value creation planning process through a focus on access, quality, outcomes, scale, and business conduct. The firm partners with management to define, track, and manage custom impact KPIs and set targets in line with the financial growth of the business.

Exit

Vistria considers impact value created during our investment period and the importance of sustaining social and financial returns beyond our ownership.

Our Commitments

TRANSPARENCY
  • Vistria portfolio companies formally discuss impact during at least one board meeting per year so that boards of directors can gauge progress toward impact goals.
  • Vistria reports annually to its investors on the impact of its portfolio and communicates other material impact events to investors and other key stakeholders as warranted.
  • In an effort to advance impact, Vistria publicly communicates select impact progress and commitments.
COMPANY PRODUCTS/SERVICES

Vistria invests in businesses whose products and services drive quality and outcomes in an accessible and scalable way for key stakeholders.

BUSINESS CONDUCT

Vistria believes strong business conduct is critical to building enduring companies. The firm measures and manages potentially material ESG factors, in alignment with key third party frameworks, across the portfolio. Vistria is a signatory to the United Nation’s Principles for Responsible Investment (“UNPRI”) and provides public reporting.

THIRD PARTIES AND FRAMEWORKS
  • Vistria aligns with or adheres to key third-party frameworks, leveraging guidance and expertise from industry leading organizations.

Third Party Frameworks

  • Vistria invests in areas that advance several of the United Nations’ Sustainable Development Goals (“UNSDGs”), a blueprint of 17 goals to achieve a better, more sustainable future.

Vistria’s Impact Framework

Impact is a critical component of Vistria’s investment strategy, a core part of our culture, and a key element in our founding thesis.

For each portfolio company and at each investment stage, Vistria leverages our unique impact framework. We utilize widely recognized third-party standards including the Impact Management Project, the Sustainability Accounting Standards Board (“SASB”), UN Principles for Responsible Investment (“UNPRI”), and the UN Sustainable Development Goals (“UNSDGs”) and assess a range of metrics associated with business products and business conduct. Working with management and within our framework, we develop custom impact metrics, establish impact goals, and develop, monitor, and report on progress toward and achievement of those goals.

This unique approach helps ensure that our businesses are scaling access, quality, and outcomes as they grow and that our portfolio leads on business conduct.

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