ESG is in our DNA

tern is driven to help companies balance reward and responsibility

Sharan Burrow
General Secretary of the
International Trade Union Confederation

“there are no jobs on a dead planet”

With a growing global focus on sustainability finally moving the needle on ESG in business, tern is more committed than ever to collaborating with its companies to deliver on a vision of a more responsible and people-before-profit tech industry. It’s a long journey, and far from an easy one, but it’s one tern believes we should all strive to succeed in.

ESG is no longer just a box-ticking buzzword, it’s the key driving force behind the progressive businesses of the future. That’s why tern is working with the companies it backs to help them achieve goals around crucial concepts such as sustainability and diversity.

tern CFO, Sarah Payne, is excited about how ESG principles are impacting on tern’s portfolio companies. She explains, “…working with young entrepreneurial companies and their founders and helping them to identify the key elements that impact their growth we see companies are now giving time and consideration to sustainability, diversity, compliance — the elements we’ve come to think of as ‘ESG’.

“Personally, I find that very rewarding, and I believe that tern and the companies we work with definitely feel we are part of a group – that we can really help each other out, share information and collaborate. And, as those relationships have developed in the last few years, I genuinely feel that’s become part of the DNA of those companies and ourselves. It’s not red tape. It’s not a box-ticking exercise. It’s just a natural evolution in how those companies communicate and do business and it’s an ongoing process that has really helped tern recognise what we must do ourselves to improve the way we work.

Creative challengers

“A great example was Talking Medicines’ recent #breakthebias campaign for International Women’s Day. It was impressive that they challenged perceptions about women’s roles in data science, but it was also really fun, engaging and came about organically – both from their commitment to their team, but also their community.

“Ultimately, I feel our companies really benefit from working with us, but also with each other, making each other stronger by collaborating with a common purpose towards goals like sustainability and diversity, because for business, success in these areas is incredibly important for the future.”

“Corporate social responsibility is a hard-edged business decision. Not because it is a nice thing to do or because people are forcing us to do it… because it is good for our business” Niall Fitzgerald

former CEO, Unilever

“Sustainability is no longer about doing less harm. It’s about doing more good”

Jochen Zeitz

President and CEO of Harley-Davidson

“We all definitely feel we’re part of a group, that we can really help each other out”

See Sarah talk about her personal passion in ensuring ESG is the DNA of everything at tern