Good business conduct refers to the standards and practices that guide how a business and its employees operate. This includes ethical principles, rules and values, defining how employees should conduct themselves professionally and how the organisation interacts with its key stakeholders, including but not limited to practices to promote anticorruption, anti-bribery, fair competition, respect for intellectual property and responsible tax principles.

We recognise we have a responsibility to guide and support our portfolio companies in setting carbon reduction targets and aligning with a Net Zero future. This approach enables our businesses to increase energy efficiency and build resilience, being less dependent on fossil fuel consumption, better understand climate-related risks and manage challenges and opportunities that lie ahead.

Today’s cyber threats are evolving rapidly, powered by new artificial intelligence tools that make sophisticated attacks easier to execute and more widespread. This shift means we are likely to see more cyber incidents worldwide. Consider this: technology now exists that can create convincing fake videos of anyone, complete with an accurate voice copy. Imagine receiving what appears to be a genuine message from a trusted colleague asking for sensitive information.

We appreciate that business success depends not just on talent, but on the breadth and variety of perspectives within a team. This is where cognitive diversity becomes important as it helps bring different ways of thinking, processing information, and solving problems.