Stakeholder Material issues Communications Equity and debt analysts – Financial performance and returns – ESG performance – Transparency – Access to Executive Management – Two investor presentations – Annual and half‑yearly reports – Quarterly performance updates – Comprehensive Investor Relations website – Regular communications with Investor Relations team – Annual General Meeting Rating agencies – Financial performance and returns – Balance sheet strength – Comprehensive investor relations website – Annual meetings with the Group Finance Director and Treasury team – Annual and half‑yearly reports – Quarterly performance updates – Tailored presentations Media – Transparency and clear communication – Access to management – Open and transparent approach with the media – Proactive press programmes for executive management – Press releases on material developments including investments and realisations and product development – Comprehensive website hosting press releases and other resources such as videos, factsheets and case studies Government and regulatory bodies – Compliance with relevant rules and regulations – Engagement on relevant issues and regulatory developments – Active participation in policy forums – Response to engagement on regulatory matters – Industry consultative bodies, eg British Venture Capital Association and Invest Europe Suppliers – Conduct and standards of employment – Service provision – Management of costs – Central procurement team – Standardised procedures – Procurement policy available on our website Communities – Positive contribution to the communities and society in which we operate – Minimise adverse environmental impact – Environmental Management System proportionate to the operational scale and environmental risk profile of the business – Comprehensive Responsible Investment policy – Charitable activities focused on the disadvantaged, on young people and on education – Give‑as‑you earn scheme and employee donations matching 30Introduction A responsible company A responsible investor The Walker Review In 2007, in response to the growing debate about the role of private equity in the UK, the British Venture Capital Association (“BVCA”) suggested a review to examine ways in which levels of disclosure in companies backed by the UK private equity industry could be improved.