Future Industrial Services (FIS), the NorthEdge-backed environmental and industrial services specialist, has won the award for Responsible Portfolio Company of the Year at the British Private Equity & Venture Capital Association (BVCA) Responsible Investment Awards 2018.
The award recognises market-leading environmental, social and corporate governance practices within private equity and venture capital-backed businesses.
Presented at the BVCA Summit at the Landmark Hotel on 11th October, the award is a result of FIS’ ongoing commitment to implementing and driving a responsible business agenda. This positive culture of continuous improvement has yielded commercial benefit, too, with FIS securing contracts with Unilever and Exxon Mobil in the last year.
David Lusher, CEO at Future Industrial Services, said: ‘’To be recognised by the BVCA as the 2018 Responsible Portfolio Company of the year is a real achievement for our business.
“Industrial customers demand strong environmental compliance standards from their suppliers, and this is often evidenced by reference to performance tables published by Regulatory Bodies. However, with the support of NorthEdge Capital, we have developed a further programme for promoting and measuring environmental impact, stakeholder engagement, and Health & Safety innovation across all business units.
“As a direct result of raising the profile of these challenges and opportunities throughout the company, new business opportunities have been created with blue chip customers who choose to work with like-minded suppliers. Receiving this prestigious award from the BVCA will certainly support the continued growth of Future Industrial Services.”
George Potts, Investment Manager at NorthEdge Capital, said: “To win this award ahead of 10 other PE or VC-backed businesses is a great endorsement of the work David and the team at Future Industrial Services have put in over the past year. Their view of ESG, of its implementation and consequence in business, is first class. The commercial progress the business has made concurrently is not a coincidence, and we would like to congratulate David and his team on an excellent year, establishing the platform for many more to come.”
Based in Kirkby, Merseyside, FlS offers a range of waste management and specialised industrial services to meet the requirements of government agencies, local authorities, public utilities, and national and multi-national companies
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