Responsible Investing

Corporate responsibility is paramount for any business to succeed. StepStone is firmly committed to integrating ESG factors in our investment process, and within our own company.

—Jose Fernandez, Partner and Co-COO
StepStone Group 2019 UNPRI Scorecard
Our Commitment

As an investor and allocator of more than $280 billion in private markets, we recognize our responsibility to advocate for the promotion and adoption of responsible investment standards at both the general partner and asset levels. By becoming a signatory of the United Nations Principles of Responsible Investing and the Task Force on Climate-related Financial Disclosures, we are supporting these organizations and recognize their frameworks as leading in the responsible investing arena.

ESG in Our Investment Process

Since our founding, ESG considerations have been integral to our investment philosophy and process. Fundamentally, we believe effective management of ESG factors drives stakeholder returns. From an initial screening, to a comprehensive review by our Responsible Investment Workgroups and Responsible Investment Committee, we thoroughly vet every investment opportunity for its ESG and climate risks and opportunities. We use a range of tools including the Sustainability Accounting Standards Board and the Global Real Estate Sustainability Benchmark where relevant. This is a requirement before the Investment Committee can approve any investment.

Responsible Investment Objectives

We seek to protect value and help deliver risk-adjusted returns so that our clients achieve their investment objectives. We recognize that different institutions are seeking to implement varied responsible investment objectives. As a result, we aim to work with our clients to implement their varied negative restrictions/exclusions or positive thematic exposures. We work to ensure that ESG and climate considerations are embedded into our investment due diligence and decision making. The incorporation of ESG and climate considerations is critical if we are to estimate each asset’s true economic price and ensure that investor capital is allocated as efficiently as possible.

Download the White Paper >>

Responsible Investment Committee

Mandated by charter, our Responsible Investment Committee is a group of senior professionals who represent different asset classes, regions, and functional areas at the firm. Beyond continually improving how we account for ESG in our investment decision making, the Committee promotes new initiatives to drive excellence and sustainable business practices in our own operations.

Download our Responsible Investment Policy >>

Community Events

Ocean Beach Estuary Restoration
Ocean Beach Estuary Restoration
La Jolla—We partnered with the San Diego River Park Foundation to remove invasive plant species and restore native plant life at a sensitive coastal habitat.
Corporate Experience Day for Lower Socioeconomic Students
Corporate Experience Day for Lower Socioeconomic Students
London—Our team partnered with Making the Leap, a social mobility non profit, to show a group of young people that anyone can work in private markets.
Supply Drive for Homeless New Yorkers
Supply Drive for Homeless New Yorkers
New York & Toronto—We worked with the Bowery Mission, packing 400 toiletry kits for people afflicted with homelessness.
Holiday Party for Military Veterans
Holiday Party for Military Veterans
Cleveland—Our team hosted a holiday party for 120+ military veterans at the Louis Stokes VA Medical Center.
La Jolla Shores Clean Up
La Jolla Shores Clean Up
La Jolla—Our team partnered with I Love a Clean San Diego, removing 85 lbs of debris from a local beach.
Mount Sutro Park Restoration
Mount Sutro Park Restoration
San Francisco—We partnered with Sutro Stewards, planting 100+ native plants at an urban park.
Teaching English to Migrant Children
Teaching English to Migrant Children
Beijing—Our team partnered with The Migrant Children Foundation, teaching ~50 students English and doing arts & crafts.
Long Island Park Restoration
Long Island Park Restoration
New York—We partnered with Hunters Point Parks Conservancy to clean up a local waterfront park.
Supporting People With Disabilities
Supporting People With Disabilities
Sydney—Our team lent a hand to the office staff at Aruma (fka House With No Steps), Australia's leading service providers to people with disabilities.

UN PRI Signatory

Each year we submit a comprehensive review of how we implement our Responsible Investment Committee. Download a copy of our latest assessment below.

Download our Assessment Report