With thanks to Miriam Heale, Allen & York www.allen-york.com
Global investment firm Permira has hired Adinah Shackleton as its first head of environmental, social and governance (ESG). She will be based in London.
Shackleton’s first job was environmental coordinator for a multinational construction firm, Multiplex Constructions. She then worked for sustainability consultancy ERM for more than eight years, based in the transaction services practice in London. “Working in a leading global consultancy gave me the opportunity to work with a range of clients, sectors and geographies,” she says.
She started working with private equity clients at ERM on due diligence and then later on helping them embed ESG in investment processes. “I really enjoyed the variety of working with different portfolio companies and sectors each with their own set of challenges, risks and opportunities relating to ESG,” she recalls.
Permira’s long-term strategy is to help build stronger, more sustainable businesses, and Shackleton’s new role will see her “further developing our approach to factoring ESG matters throughout the investment lifecycle”. She adds: “I will look to work with the deal teams, portfolio teams and Permira funds' portfolio companies on ESG risk and value creation opportunities.” In 2012 Permira won the BVCA’s Responsible Investment Award...