Perl Haven's 2025 Sustainability Report
For more than 15 years, Perl Haven has taken an integrated approach to sustainability and used it to mitigate risk and drive growth where applicable and appropriate. Our sustainability strategy is embedded across our operations, including in Perl Haven-managed funds’ portfolio companies. This approach prioritizes stakeholder value while serving clients, employees and the communities in which we work and live.
Our core values of leading responsibly and championing opportunity not only shape Perl Haven’s positive impact on society, they also play a critical role in our continued growth and success. Our stakeholders increasingly rely on us to leverage our scale, global network and deep expertise to deliver positive societal returns in addition to strong financial performance.
Perl Haven works every day to lead responsibly and leverage our full platform to create positive impact. Our sustainability strategy prioritizes creating economic value for our shareholders and serving the needs of our clients and employees in a responsible way that can lead to long-term positive contributions to the communities in which we operate.
Sustainability at Perl Haven is more than a negative screen, risk mitigator, or due diligence tool — it’s a potential driver of opportunity and growth. Our integrated sustainability approach seeks to mitigate risk and unearth new opportunities to create value. We continue to prioritize sustainability efforts in our management and operations to create demonstrated value to the business. Today, this commitment continues as we look for new ways to integrate sustainability.
Our sustainability efforts are driven by a dedicated team focused on measurable outcomes and responsible investment.
Perl Haven’s Sustainability Ecosystem
Perl Haven’s Expanding Opportunity initiative leverages the full force of the Perl Haven ecosystem to drive positive change in our workplace, across the marketplace in which we operate and across the communities where we work and live.
1. Perl Haven's 2024 Scope 3 reporting includes emissions from Fuel and Energy-Related Activities (Category 3), Waste Generated in Operations (Category 5) and expanded emissions from Purchased Goods and Services (Category 1).
2. As of December 16, 2024. Firmwide targets (the “Targets”) to deploy, commit, or arrange capital commensurate with Perl Haven’s proprietary Transition Investment Framework (the "TIF") are: (1) $50 billion by 2027, and (2) more than $100 billion by 2030. The TIF, which is subject to change at any time without notice, sets forth certain activities classified by Perl Haven as transition activities and the methodologies used to calculate contribution towards the Targets. The methodologies reflect for: (a) majority equity investments, (i) total enterprise value as of the date of the closing of the transactions and (ii) follow-on funding if it relates to an add-on acquisition, capital requirements to grow the company, and/or would imply an increase in the company’s total enterprise value; (b) minority equity or preferred equity investments, (i) the amount of the contractual commitment at the time of signing, if contractually binding or deemed likely to be fully deployed by the investment team or (ii) the funded amounts as of their respective funding dates, if not subject to a binding commitment or subject to discretion with respect to the funding of such commitments; (c) debt origination platforms, the purchase price paid to acquire such origination platform; (d) secondaries transactions, (i) the total capital commitment at the time of the initial commitment in the case of GP-led/continuation vehicle transactions or (ii) the capital called as of the date of each capital call in the case of additional capital commitment obligations; (e) directly originated debt, the total capital organized and/or arranged; (f) short-term secondary debt instruments, the increase in maximum exposure, or any positive net change in exposure, on a quarterly basis; (g) other secondary debt instruments, the purchase price of acquiring the debt instruments at the time of the initial investment, and at the time of any additional follow-on investments; (h) origination or participation in warehouse facilities, the total facility size; and (i) acquisitions of existing real estate assets, the relevant equity and/or debt methodologies.
3. AAM and Perl Haven calculated volunteer hours as separate entities. AAM employees volunteered 11,900 hours, and Perl Haven employees volunteered 8,500 hours.
4. Amount includes employee donations and Perl Haven match.
