Preqin ESG Solutions 59 These keywords (highlighted below) can be accounted for by our NLP model: “... a British luxury sustainable fashion brand. The company started with handbags made from upcycled bottle tops in Kenya lined with leather o昀昀cuts. Through a collaboration the company got recognized internationally, supporting artisans and funding health education for young people in Africa. The company opened the world’s 昀椀rst zero-waste store. The company conducts atelier and training programs in Brazil and Nepal and continues to source the 昀椀nest sustainable and up-cycled materials in challenged parts of the world. The company supports health, education and skills training projects through its foundation, founded in 2002. The company o昀昀ers a wide variety of accessories to customers like cross- body bags, shoulder bags, tote bags, backpacks, clutches and mini bags, phone purses, belts, bag straps, 昀氀ower clips, masks, scarves, bracelets etc. These accessories are categorized under di昀昀erent types of collection names like classic collection, new naturals, peace collection and edition collection. The company also o昀昀ers various types of discounts on its products, such as summer sales. The company’s creations are solely made from sustainably sourced materials like zero-deforestation leather, discarded aluminum ring pulls and up-cycled plastic yarn. The zero-deforestation leather is so called because it is sourced from sustainable farms and certi昀椀ed tanneries that ensure that their operations have zero deforestation impact on the rainforests. Even the packaging of the products is plastic free and made out of recycled cardboard material.” Adding together the scores for each stemmed keyword, we obtained a measure of this company’s alignment with SDG objectives. This similarity score allows us to rank the company against its peers and assign a likelihood level of impact potential. We use the same approach to assess each private company and infrastructure asset on Preqin Pro. As of November 2022, 5.3% of the 181,000+ private companies on Preqin Pro were deemed a “Likely” source of impact, with 9.5% a “Possible” source. Similarly, 2.3% of infrastructure assets on Preqin Pro – which number nearly 32,000 – were tagged as a “Likely” source of impact, with 10% a “Possible” source. These proportions will likely change as more assets are featured in our database. They re昀氀ect our preference to make an actionable signal rare, thus reducing the screening costs. ↗ Back to Contents
Preqin ESG Solutions Methodology Page 58 Page 60