In 2023, we’ve made further strides in measuring emissions across our portfolio companies and partnering to establish / prioritise.
In FY2023 our ESG team continued to engage and partner with portfolio companies and further formalise processes.
We remain dedicated to enhancing value in our portfolio companies throughout our ownership.
(Unrealised)
The Local Broadband Network Company (LBNCo) is an installer and owner of superfast broadband networks in residential developments. LBNCo is engaged by property developers to install and maintain the fibre infrastructure, and sells ‘wholesale’ network acces to the retail service providers who then provide services to the tenants. LBNCo is now part of Uniti Group (ASX: UWL) following its acquisition in August 2019.
(Unrealised)
Stone Axe is a producer of ultra-premium wagyu beef. The company has operations in NSW, QLD, WA and Victoria and is actively growing its herd via large scale embryto transfer program. Stone Axe has rapidly grown to become on of the largest fool blood wagyu producers in the world.
