Sustainability at OCI’s Investment Adviser
OCI is aligned with Oakley's sustainability principles and recognises their value in driving long-term success.
OCI remains aligned with Oakley’s commitment to responsible investment, recognising sustainability as a long-term value driver across the investment lifecycle. From diligence to exit, sustainability considerations are embedded in decision-making and portfolio engagement.
As detailed in Oakley’s 2024 Responsible Investment Report, this approach supports both performance and resilience, and reflects OCI’s view that sustainability initiatives can unlock financial value and strengthen competitive positioning.
Looking ahead, OCI remains focused on transparency, high standards of corporate governance, and clear communication with shareholders on sustainability priorities. The following section highlights key community and sustainability initiatives undertaken by OCI and its investment manager, Oakley, in the first half of 2025.
Our sustainability and Community Engagement Partners
OCI partners
Oakley partners
Oakley sustainability
Logos represent organisations/bodies of which Oakley and/or OCI is a recognised supporter, signatory or member. The above firm-level sustainability and climate-related initiatives do not have a direct bearing on investment decisions made for OCI or for Oakley-managed funds. References to firm-level initiatives do not require OCI or Oakley to engage with portfolio companies. Oakley is also a member or contributor to other industry bodies and trade associations, which, at times, may adopt positions or undertake advocacy activities that are not consistent with the aims or ethos of the organisations and initiatives referred to above.
OCI is committed to being a responsible corporate citizen and actively supports local organisations and charities that align with our core values. We place a particular focus on initiatives that promote education, advance technology, and drive sustainability. OCI focuses on collaborative, connected and creative working alliances to generate positive contributions to the community.”
Fiona Beck OCI Independent Non-Executive Director
Sustainability at Oakley
Oakley has continued to build on the strong foundations established in previous years, with a sustainability programme focused on the topics most material to both the firm and investment portfolio. Oakley recognises that every business is unique, but there are certain sustainability themes that are universal in their relevance and potential to impact value. As such, Oakley’s sustainability efforts centre around three core areas: energy and climate change, employee culture and engagement, and cybersecurity and data protection. These themes remain a priority across the firm's operations and investments, recognising their role in building resilience and long-term value. Oakley remains focused on embedding these priorities while planning for the next phase of the sustainability journey alongside portfolio companies.
Our sustainability programme prioritises three key themes:
Energy and
climate change
Employee culture
and engagement
Cybersecurity and
data protection
Energy and climate change
At the firm level, in 2025 Oakley continued to measure its full carbon footprint, which included Scope 1, 2 and relevant operational Scope 3 emissions for the calendar year 2024. Oakley improved the accuracy of its 2024 carbon footprint by using actual consumption data for 100% of Scope 1 and 2 emissions and increasing activity-based data for Scope 3 emissions. At portfolio level, 65% of companies now measure their carbon emissions, up 27% from the 2023 footprint, aided by Oakley’s recommended carbon accounting platform and expert support.
Additionally, in 2025 Oakley updated its portfolio climate risk assessment ahead of the June 2025 publication of its second Task Force on Climate-related Financial Disclosures report. This assessment evaluated physical and transition risks under multiple climate scenarios across short-, medium- and long-term time horizons to explore the potential future impacts of priority climate risks and opportunities.
Following the climate risk assessment and a detailed review of emissions data, Oakley launched its first climate strategy and framework for decarbonisation and navigating climate risks.
Employee culture, engagement and wellbeing
Oakley prioritises a supportive and engaging workplace that attracts and retains talent. In 2024, the participation rate in Oakley’s employee engagement survey increased by 17%, with 84% of employees providing feedback to inform strategies focused on inclusion, fair management and career development.
Key initiatives in 2024 and 2025 include an expanded mentoring programme, enhanced employee performance frameworks, and a new management training programme to strengthen leadership and team cohesion. Oakley also broadened its Employee Assistance Programme and mandated mental wellbeing and anti-harassment training.
Across the portfolio, 74% of companies conducted employee engagement surveys, with growing emphasis on development and wellbeing programmes, including health and safety policies and flexible working arrangements. Oakley is working to tailor its support further throughout 2025 to meet each company’s unique needs.
Cybersecurity and data protection
Cybersecurity remains a strategic business priority. Oakley enhanced its firm-level cyber resilience in 2024 through the implementation of services such as Managed Data Discovery and Response (MDDR) and Security Information and Event Management (SIEM) solutions, strengthening endpoint security, and preparing for the EU Digital Operational Resilience Act (DORA).
Since the launch of Oakley’s portfolio-wide cybersecurity monitoring programme in 2024 – which combines vulnerability scans, questionnaires and deeper assessments to provide clear visibility of cyber risks – the approach was further enhanced in 2025 with the introduction of regular cybersecurity huddles. These sessions bring portfolio companies together to share insights, address common risks and support collective progress. Together with the online portal, which helps companies track improvements, this data-driven approach strengthens the ability to manage cybersecurity risks and enables more strategic, long-term decision-making.
65%
of portfolio companies measured their carbon emissions, a 27% increase from 2023.
Cybersecurity monitoring:
100% of portfolio companies onboarded onto Oakley’s cybersecurity monitoring platform.
100%
Active stewardship
Oakley places managers and entrepreneurs at the heart of its activities, empowering them throughout the ownership phase with the knowledge and tools needed to identify and manage sustainability risks and opportunities most relevant to their business and sector. This spirit of partnership, built on mutual trust, ensures the right level of support is provided while affording management teams appropriate agency and autonomy. Recognising that every company is unique, understanding the material sustainability topics impacting each business is a core component of Oakley’s stewardship approach.
Oakley’s approach to portfolio engagement is rooted in partnership, working closely with management teams to support the advancement of sustainability practices. The firm remains committed to helping portfolio companies integrate sustainability into core business strategies and reporting, enabling management teams to manage risks effectively and capture new opportunities for long-term value creation.
A key initiative across 2024 and 2025 was supporting in-scope companies with preparation for the Corporate Sustainability Reporting Directive (CSRD) requirements. This project focused on Double Materiality Assessments1 and a CSRD gap analysis through a collaborative, structured approach designed to maximise knowledge sharing, efficiency and engagement across the portfolio. This initiative strengthened internal sustainability capabilities, engaged senior leadership and enhanced engagement with key stakeholders.
In 2025, Oakley launched its fourth annual sustainability survey to collect data and track progress against key sustainability KPIs. To complement this, the Sustainability Team conducted annual portfolio site visits, providing an opportunity to review data in context, understand challenges and collaborate on strategic initiatives to support ongoing development and growth. In June 2025, Oakley hosted its fourth annual Sustainability Forum, bringing together portfolio companies to share case studies, exchange best practices and participate in workshops on key topics such as target-setting, leadership, and sustainability communications.
These initiatives reflect Oakley’s commitment to building capability and driving continuous improvement through practical knowledge-sharing and peer learning.
1 Double materiality, as defined by the Corporate Sustainability Reporting Directive (CSRD), considers both the financial materiality of sustainability matters on a company’s performance, and the impact materiality of the company’s activities on people and the environment.
For more information on Oakley’s portfolio engagement and sustainability performance, please see the Oakley Capital Responsible Investment Report.