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    CD&R Builds

    We have a clear vision of our role: to build value for our investors by building great businesses. That’s why our ESG efforts are so important. We believe ESG contributes to value creation just like our other operating initiatives do, and we structure our ESG engagement to support the ongoing work to build stronger, more resilient, more inclusive, and more valuable companies.

    Vindi Banga on the Importance of ESG

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    Building for the Long-Term

    We build value for our investors by building great businesses.

    A building framework being assembled by a crane

    Building Sustainable Businesses

    Our ownership model is designed to build businesses for the long-term. With the Firm’s support, our portfolio companies create jobs, increase innovation, and achieve long-term success.

    A TruGreen worker examining a flowering bush

    Talent Makes the Difference

    CD&R believes the foundation of a successful business is people inspired by shared goals, purpose, and passion. That’s why the Firm helps its portfolio companies cultivate environments in which employees are respected, supported, and rewarded. We believe this kind of atmosphere leads to fresh thinking, innovative ideas, and successful enterprises.

    A group of men repairing and painting benches inside a gym

    Committed to Community

    We are dedicated to the concept of community—and contribute to those in which we operate by encouraging collaborative relationships, pro bono activities, and charitable initiatives.

    A worker in a hardhat and yellow vest manipulating levers at a control panel with industrial piping in the background

    ESG Management

    The near and long-term implications of our actions factor into CD&R's decision-making as we assess and manage a broad range of risks and opportunities. We seek to consider ESG issues in our review of new investments. Post-acquisition, CD&R leads a formal process to engage each portfolio company management team on ESG monitoring and reporting.

    A close-up of a welder welding pieces of metal

    Building Value

    Our greatest responsibility is to deliver value to the corporations and families with whom we transact, the portfolio company management teams and employees with whom we work, and the investors who entrust to us their capital to manage.

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    Our Values

    We have a strong sense of shared purpose. We know where and how we will compete and what capabilities are required to achieve our goals without compromising our values.

    Our goal is to maintain our special position in the private investment industry by maintaining the vision and core values upon which the Firm was founded. We achieve that goal by building better businesses, meeting our investors’ expectations and remaining the preferred partner of management teams around the world.

    This shared sense of purpose and deep values unites us. They guide the commitments we make to our commercial partners, the communities in which we operate, and our investors.

    Values and Vision

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    Inclusion & Diversity

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    Diversity Is Valuable

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    We believe that a diverse work environment leads to better decisions and better performance.

    Our objective with each investment we make is to build great and sustainable businesses. This requires attracting and developing the best talent available, and our people’s diversity of background, experience, thought, ability, and outlook makes us who we are.

    Our key priorities are to:

    1. increase diversity within our team;
    2. provide an inclusive work environment with equitable access to opportunities; and
    3. increase diversity within our portfolio company boards and management teams.

    As a founding signatory of ILPA’s Diversity in Action initiative, we seek to motivate broad industry support for advancing DE&I in private capital.

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    Everything starts with a person and we believe in developing talent at all levels within the organization, encouraging entrepreneurial behavior and providing opportunities for career advancement.

    DE&I at CD&R

    Zoom Conference image

    Everything starts with a person and we believe in developing talent at all levels within the organization, encouraging entrepreneurial behavior and providing opportunities for career advancement.

    If we have learned anything in our 4+ decades of investing across six economic cycles, it’s that investing in people pays dividends. Our efforts to promote processes, policies, and behaviors that provide growth opportunities for individuals within the organization cuts across the entire firm.

    The CD&R Inclusion Committee pursues a mission to make all members of the Firm feel that they can bring their authentic selves to work and be given every opportunity to do their very best work and reach their highest potential. The committee, which includes CD&R employees representing a variety of experiences, seniority levels, and roles, meets regularly and reports directly to the CEO.

    image from the CD&R/Core & Main Leadership summit

    CD&R companies employ 250,000 people. That’s 250,000 opportunities to inflect performance in a positive direction.

    DE&I in the Portfolio

    image from the CD&R/Core & Main Leadership summit

    CD&R companies employ 250,000 people. That’s 250,000 opportunities to inflect performance in a positive direction.

    We are committed to strengthening the diversity, equity, and inclusion of the companies we own, and we are taking action to achieve this, starting with boards and management teams. These actions include: 

    • Seeking to establish boards that reflect the diverse communities our companies operate in and serve.
    • Requiring a diverse slate of candidates in the recruitment of open board and/or management positions.
    • Tracking diversity KPIs in ongoing monitoring processes.
    • Sponsoring inclusive leadership sessions (CEO, CHRO and CFO) as part of CD&R’s Portfolio Leadership and Best Practices Forums.
    • Supporting portfolio company initiatives, including diverse leadership programs, industry-wide conferences, the development of employee resource groups and more.

    DE&I Partnerships

    CD&R has established partnerships with a range of organizations to promote DE&I efforts at the Firm, in its portfolio companies, and throughout our community.

    BWAM logo Girls Who Invest logo Level20 logo Out Investors logo Reboot Accel logo SEO logo Toigo logo WAVE logo
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    CD&R's Global Footprint

    $67billion Total enterprise value created at realized portfolio companies

    34 Portfolio companies

    225000 Portfolio company employees

    $60billion Portfolio company revenues

    ~100million Pension beneficiaries with indirect exposure to CD&R funds

    ~500 Limited partners

    All data as of December 2020

    $67billion Total enterprise value created at realized portfolio companies

    34 Portfolio companies

    225000 Portfolio company employees

    $60billion Portfolio company revenues

    ~100million Pension beneficiaries with indirect exposure to CD&R funds

    ~500 Limited partners

    All data as of December 2020

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    Environmental, Social, and Governance Policy

    This Environmental, Social, and Governance Policy (this “Policy”) of Clayton, Dubilier & Rice (“CD&R” or the “Firm”) reflects the Firm’s recognition that there can be a strong, positive correlation between financial performance and corporate responsibility related to environmental, social, and governance (“ESG”) issues. 

    This policy is informed by the American Investment Council’s Guidelines for Responsible Investing, the U.N. Global Compact, and the U.N. Principles for Responsible Investment. 

    The Firm believes that strong businesses deliver value, not only to investors, customers, and suppliers, but also to employees and communities. In addition, the Firm believes that the observance of sound ESG strategies is essential for building strong brands and safeguarding reputation, which in turn are vital for long-term success. 

    CD&R is committed to ensuring that ESG issues are identified and dealt with appropriately in its business and to taking active steps to manage the impact of its activities as a fund adviser in all the countries in which it is active. The Firm also encourages its portfolio companies to take responsibility for the environmental and social impact of their business operations. In particular, CD&R shall: 

    1. Consider social, ethical, and environmental issues affecting our portfolio companies, both (a) during the due diligence stage for target portfolio companies and (b) as part of our ongoing collaboration with management of existing portfolio companies; 
    2. Seek to be accessible to, and engage with, a range of stakeholders on key issues and challenges relating to the social, environmental, and ethical issues addressed by this Policy; 
    3. Work with management teams of portfolio companies to grow and improve their businesses, including addressing environmental, public health, safety, and social issues, with the goal of improving long-term sustainability and performance and minimizing adverse impacts arising from these areas; 
    4. Seek to ensure that portfolio company managers are able to maintain appropriate levels of oversight in the areas of audit, risk management, and potential conflicts of interest; 
    5. Remain committed to compliance with applicable national, state, and local labor laws in the countries in which our funds invest; support the payment of competitive wages and benefits to employees; provide a safe and healthy workplace in conformance with national and local laws; and, consistent with applicable laws, respect the rights of employees to decide whether or not to join a union and engage in collective bargaining;
    6. Maintain strict policies that prohibit bribery and other improper payments consistent with the U.S. Foreign Corrupt Practices Act, similar laws in other countries, and the OECD Anti-Bribery Convention;
    7. Respect the human rights of those affected by our funds’ investment activities and seek to confirm that their investments do not flow to companies that utilize child, forced, compulsory, or coerced labor; deprive individuals of their personal freedoms; engage in human trafficking; or maintain discriminatory practices;
    8. Provide timely information to limited partners and other stakeholders regarding actions taken to address environmental, social, and ethical issues outlined in this Policy and foster transparency in portfolio companies regarding these matters; and 
    9. Encourage portfolio companies to advance the principles outlined in this Policy. 

    CD&R believes that the principles outlined in this Policy not only serve to align our portfolio companies with the broader objectives of society, but also help build better businesses and thus support the firm’s primary objective of generating superior investment returns.

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    CD&R Foundation

    Building businesses of tomorrow means building new supports today. This requires sustainable networks for talent to develop, fertile ground for companies to blossom, and healthy communities to offer high living standards. It also means providing access for all individuals to enter and thrive in the workforce and workplace of the future, wherever that may be.

    The CD&R Foundation was built with the goal of enabling “Equity through Opportunity.” CD&R recognizes that while talent is distributed equally, opportunity is not. Our Foundation aims to strengthen the workforce development ecosystem at the local community, portfolio network, and employer level.

    We increase our reach — and impact — by helping CD&R employees become action ambassadors through volunteer opportunities, donation programs, and education initiatives to deepen understanding of underserved talent, pervasive workforce issues, and effective approaches to volunteering.

    The CD&R Foundation supports a range of non-profit organizations that align with the needs of the communities where we live and work, and focus on the following key levers for change:

    • Equity

      Promote equitable access to employment and advancement that is inclusive of all facets of diversity

    • Growth

      Support economic growth efforts in NYC & London, focusing on the populations most impacted

    • Skills

      Strengthen and amplify best-in-class job skills training practices for underserved and underestimated talent across industries

    • Systems

      Build capacity and fill gaps in the workforce development ecosystem to increase opportunity pathways and eliminate barriers faced by marginalized communities

    The Foundation conducts an invitation-only process and will contact potential grantees selected to submit applications for funding.

    Talent Solution Partners

    The CD&R Foundation is proud to support the organizations below, which aim to promote underserved and underestimated talent by connecting them to job training, high-quality jobs, and ongoing professional development opportunities throughout their career journey.

    Braven’s mission is to empower promising, underrepresented young people with the skills, confidence, experiences, and networks necessary to transition from college to strong first jobs.
    The largest public urban university in the country, serving 260,000 degree seeking students and 185,000 continuing education students. The CUNY Office of Careers and Industry Partnerships sits at the intersection of industry and higher education, building partnerships between employers and the university to align CUNY’s academic preparation with in-demand jobs in growth industries.
    Genesys Works NYC provides pathways to career success for high school students in underserved communities through skills training, meaningful work experiences, and impactful relationships.
    Grace Institute empowers low-income women in the New York area to achieve employment and economic self-sufficiency by providing job-skills training, counseling, placement services and continuous learning opportunities.
    Henry Street Settlement’s mission is to create opportunity for Lower East Side residents and other New Yorkers with over 50 programs located in 18 program sites across four core divisions, including employment and education.
    The Marcy Lab School provides free technical training, leadership development, and direct access to high-growth technology careers for young adults from underestimated backgrounds
    Per Scholas’ mission is to advance economic equity through rigorous training for tech careers, and to connect skilled talent to leading businesses.
    STRIVE is a nonprofit agency headquartered in East Harlem that provides a pathway to life-changing careers and opportunities through comprehensive professional training, intensive personal support and self-empowerment for those who face societal barriers to advancement.
    Upwardly Global’s mission is to eliminate employment barriers for immigrant and refugee professionals and advance the inclusion of their skills into the U.S. economy through innovative skill-building and networking programs.