ESG Commitment

ESG, Impact & Responsible Investing

TVM Capital Healthcare is a global healthcare private equity investor-operator focused on building high-quality healthcare platforms that expand access to care while delivering sustainable financial returns. Our investment approach combines commercial rigor with a clear social purpose: developing centers of excellence in healthcare in regions where access to high-quality providers, treatments, and technologies remains limited.

We believe that responsible investing and measurable impact creation are integral to long-term value creation. Through our investor-operator model, we work closely with portfolio companies to strengthen governance, improve clinical quality, build resilient healthcare systems, and expand access to affordable care for growing populations across the Middle East and Southeast Asia.

Our investment strategy is guided by a clear Theory of Change focused on improving access, affordability, and quality of healthcare while generating quality employment and strengthening local healthcare ecosystems. Our investments primarily contribute to the UN Sustainable Development Goals, particularly SDG 3 (Good Health and Well-Being), SDG 5 (Gender Equality), and SDG 8 (Decent Work and Economic Growth), while also contributing to responsible consumption, climate action, and strong institutions.

Integrating ESG and Impact into the Investment Lifecycle

Environmental, Social, Governance (ESG) and impact considerations are embedded across our investment process—from sourcing and due diligence through ownership and exit.

Pre-Investment

  • ESG and impact screening, including regulatory compliance and governance assessment

  • Third-party ESG due diligence and gap analysis

  • Identification of impact opportunities and material ESG risks

Post-Investment and Ownership

  • ESG and impact integration in the 100-day plan

  • Board-level oversight of sustainability priorities

  • Annual ESG and impact data collection and monitoring across portfolio companies

  • Continuous improvement plans aligned with internationally recognized standards

This structured approach enables us to enhance operational performance, strengthen governance, and unlock value creation opportunities while delivering measurable social and environmental outcomes.

Measuring Impact and Sustainability Performance

We measure and report impact and ESG performance using globally recognized frameworks and standards, including GIIN IRIS+ metrics, the IFC Ethical Principles in Healthcare (EPiHC), and international reporting standards.

TVM Capital Healthcare’s priority impact metrics track long-term outcomes related to the patients we serve and the communities where we operate, including, but not limited to:

  • Access to care and number of patients served

  • Clinical quality and accreditation standards

  • Job creation and workforce development

  • Gender diversity in leadership and workforce

  • Environmental performance including energy, water, waste, and greenhouse gas emissions

Progress is monitored annually and reported at both the fund and portfolio company level, providing transparency to our investors and stakeholders.

The Intersection of Climate and Healthcare

Healthcare systems face growing climate-related risks, such as increased respiratory and cardiovascular diseases, vector-borne and infectious diseases, mental health disorders, and extreme heat-related illnesses. The impacts of climate change, particularly extreme heat and other extreme weather events, are especially pronounced in the regions where we operate: the Middle East and Southeast Asia. Healthcare companies and our supply chains also contribute to global emissions. TVM Capital Healthcare integrates climate considerations into its investment and portfolio management approach by:

  • Assessing climate risks and resilience across portfolio companies
  • Tracking Scope 1, 2, and where feasible Scope 3 greenhouse gas emissions

  • Supporting operational improvements in energy efficiency, waste management, and supply chain resilience

  • Investing in care delivery models—such as specialized outpatient clinics—that can reduce resource intensity while expanding access to care and strengthening the healthcare system to increase readiness for extreme weather events.       

Governance and Responsible Business Practices

Strong governance and ethical business conduct are fundamental to our investment philosophy. Our ESG and compliance framework includes policies covering:

  • Code of Conduct and anti-corruption standards

  • Whistleblowing and complaints procedures

  • Respectful workplace and equal opportunity policies

  • Data privacy and regulatory compliance

We are a signatory to the UN Principles for Responsible Investment (PRI) and follow internationally recognized responsible investment guidelines and disclosure frameworks. 

Commitment to Continuous Improvement 

We regularly track and analyze our ESG measures and impact outcomes to continuously strengthen our approach and actively engage with industry peers, responsible investment initiatives, and international forums to implement best practices.

Our goal is to build sustainable healthcare platforms that deliver both superior financial performance and measurable improvements in health outcomes, equitable workforce development, and environmental stewardship.


Questions or Complaints

For questions, feedback, or complaints related to TVM Capital Healthcare’s ESG, impact, or sustainability management, please contact:

Holly Radel
Head of Sustainability
TVM Capital Healthcare
[email protected]