Environmental, Social & Governance

ESG

ESG principles play a role in both how we evaluate potential investment opportunities and how we support the transition of our portfolio companies into Performance Organizations. The practices inform Atlas’ ESG considerations have been part of our core values, both in our investment approach and the Atlas Operating System, for decades. Our guiding principle is that when you prioritize the interests of all constituencies – via a commitment to not just speak about ESG practices but also to innovate and execute in order to deliver ESG outcomes – you build better places to work and stronger, more valuable businesses. Our goal is that each of the constituencies we serve – our investors, our associates and the communities we share – is strengthened and enriched by their engagement with us. 

Environmental

As we communicate to all of our associates across the globe, we are deeply committed to the communities where our people work and where their kids go to school. We understand that maintaining a clean environment is in everyone’s shared interest and is a core responsibility of ownership we view as a moral obligation. Atlas conducts screening environmental assessments on 100% of the potential investments we evaluate. Atlas companies consistently interface with regulatory agencies on permitting matters, working together wherever possible to ensure that the strongest environmental protections, such as for clean air and clean water, are included in our companies’ operating permits. Our teams then implement a robust compliance process to adhere to those requirements.

Social

We know that creating the capacity to deliver social impact through our companies requires an alignment around the Atlas culture and values. Atlas is deeply committed to diversity and inclusion throughout the Atlas Family. But we also recognize that being deeply committed falls short of our objective if we have not established truly diverse and inclusive organizations. More broadly, our commitment to all those around the globe that comprise the Atlas Family is to conduct  business in a manner which is grounded in the following pillars:

  • Workplace Safety
    • It is our belief that with the ownership of industrial businesses comes the moral obligation to ensure the safety and well-being of each associate. 
  • Transparent and Consistent Communication
    • Across our businesses, we seek to drive open, robust, and frequent communication throughout the organization – both across Atlas and within our companies themselves. Functional groups such as the Atlas CEOs, CFOs, HR Leaders, and Safety Leaders meet regularly throughout the year. 
  • Winning the War for Talent
    • The ability to identify, recruit, develop and and retain great leaders is foundational to our success. 
  • Community Partnership and Engagement
    • Our businesses must strive to be responsible community citizens and strengthen the communities in which they operate. This is reflected in the Atlas culture through:
       
        • The Atlas Foundation
          • We leverage the global footprint, management experience, and inherent goodness of our people for meaningful change – right in the communities in which our associates live and work. 
        • Governmental Partnerships
          • As long-term investors and operators, we view partnership with government at all levels as integral to our value creation plans. Atlas seeks to know our local officials regardless of political affiliation, communicating regularly on shared priorities and identifying how our presence can be leveraged for the common good.
        • Continuous Improvement
          • With the input of the Atlas Team, Operating Partners, and other stakeholders, our businesses implement CIP programs based on time-tested principles and segment expertise. Through CIP programs, our associates use human and capital assets more productively while driving continuing value creation and competitive advantage.

Governance

Atlas requires that each platform company engage in a formal Board process as a means of ensuring good corporate hygiene and governance. Generally, once an acquisition has been stabilized, we select a Chairman who is not an Atlas associate and staff the Board of Managers with multiple individuals who are sector-specific experts and generally who are not associates of Atlas or the subject company.

Atlas also enforces the highest ethical standards in every business we operate. For example, we are fully committed to fair competition and winning customers and clients based on superior products, services, and capabilities. We have no tolerance for anticompetitive conduct in violation of antitrust laws and would rather lose business than break the law to obtain it.