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Doing the right thing

We’re focused on doing the right thing for our colleagues, clients, communities and for the future of our planet.

At Vistra one of our key values is to doing the right thing. It’s a value we challenge ourselves to live up to everyday. It’s in how we run our business, how we look after our colleagues, how and what services we provide to clients, and it is embedded in every colleague’s personal performance objectives.

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Alan Brown quote

 

1. Reducing our environmental impact on the world

We will take proactive steps, initially focusing on carbon reduction in our operating practices and in the way we work with our suppliers. By 2023 we will:

reduce air travel
Reduce our business air travel by 20%
reduce energy consumption
Reduce our office energy consumption by 40%
reduce waste
Reduce our non-recyclable office waste generation by 40%
reduce travel emissions
Reduce travel to work carbon emissions by 40%

 

2. Manage our business responsibly

We manage our business and our sustainability commitments responsibly. Sustainability is integrated into our business decision making process.

Our sustainability policies and procedures provide transparency into our practices and are developed through regular consultation with stakeholders, including regulators and investors.

Importantly, sustainability oversight is not limited to just the ExCo, but also informs discussions with the full Board and its various other business committees on topics ranging from climate risk, to human capital management, to the firm’s broader sustainable finance initiatives.

 

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John McLean quote

 

3. To embrace Diversity, Equality and Inclusion throughout our business

Our Diversity, Equality and Inclusion framework (DE&I) commits Vistra to:

  • Promoting a fair, inclusive and collaborative work environment for all colleagues
  • Ensuring people decisions are based on merit
  • Leveraging the abilities of our colleagues to serve the needs of our clients, community & business
  • Providing colleagues with career development opportunities
  • Ensuring all colleagues are treated with respect

To keep on track with this mission, we regularly seek colleague feedback and views through a range of methods.

An inclusive culture recognises that we can’t have a one-size-fits-all approach for where and how people work. Our Remote and Adaptive Working Framework fosters an environment that supports a diverse, flexible and adaptive workforce.

 

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David Chin quote

 

4. To assist our clients and suppliers to meet their sustainability goals

The Vistra ESG Service roadmap will deliver a series of products and services to help clients meet their evolving ESG obligations and manage their impact on the world.

We believe every firm is on a journey to a more sustainable business model – and our commitment is to help them seize that opportunity.

These products and services are currently being piloted with a small group of clients. The services will be adapted and rolled out based on the results and feedback from the pilot program. Please talk to your Vistra contact for more information on our product and service roadmap.

Read our latest article below:

ESG: Why private equity firms need to act now

Discover the ABC of ESG and the key factors to consider when developing and implementing an ESG strategy

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How green bonds can help fight the climate crisis

In 2015, the Paris Agreement set ambitious targets to mitigate climate change. Since then, the EU has rolled out its Green Deal, and the International Energy Agency (IEA) revealed its pathway to net-zero carbon dioxide emissions by 2050. In November 2021, the UN’s COP26 in Glasgow could generate even more major sustainability measures.

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How green bonds can help fight the climate crisis
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Quote Justin Damer

 

5. To have a positive impact on our local communities around the globe

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Local communities

We believe it’s important to support the growth of the communities in which we work and live – so we do. Around the world, our colleagues volunteer their time as well as raise funds for groups and organisations in their local communities. Vistra supports employees’ charitable efforts by encouraging engagement in CSR initiatives and projects to improve our impact as a company.

Learn more

Download the brochure

To find out more about our commitments to doing the right thing, including how we are tracking and evaluating our progress, download the full brochure.

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Brochure download
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