At Portland, we invest in companies that demonstrate their commitment to achieving Sustainable Development Goals outlined by the United Nations.
We drive our organizations to consider Environmental, Social, and Corporate Governance goals and instill a corporate culture that includes creating impact and giving back.
We believe that sustainable development requires building strong indigenous (local ownership, boards and management) businesses.
We are Drivers of
Sustainable Development Goals
We invest in companies that contribute to achieving Global Goals
Poverty, hunger, health, education and the climate are pressing global issues that must be addressed. Companies can implement the 17 Global Goals/SDGs into their business practices to help confront these difficult challenges. Through adaptation and innovation, corporations can strive towards achieving the Global Goals and effect substantial change in developing regions by:
Diversity
At All Levels
We believe that the ownership/leadership of companies should reflect the markets in which they operate. With a focus on the Canadian, Caribbean and Latin American markets, in which there are substantial populations of people of colour, we are naturally racially diverse. In addition, to mitigate the risk of systemic discrimination, we actively promote and monitor diversity and gender equality in our portfolio companies.
Compliance with the IFC Performance Standards
is a condition of receiving investment capital for
Portland Private Equity
A number of our portfolio companies have active programs to support their local communities with funding, fundraising and volunteerism.
Examples include:
Model Agricultural Production Limited (MAPL)
A 2,657 acre farming site that is revolutionizing industrial farming in Jamaica. The project will address import substitution in Jamaica while addressing the issue of food safety through environmentally sustainable farming methods. The project also aims to improve competitiveness in the farming sector by attracting skilled and trained entrepreneurs and strengthening investment in the agribusiness by capitalizing on government assets through a public-private partnership model.
Memorandum of Understanding WITH
Canadian Nuclear Laboratories
Canadian Nuclear Laboratories (CNL) and Portland Holdings have formed an alliance to work together on long-term solutions for decarbonizing the global economy and developing radiopharmaceuticals to fight cancer. Under the agreement, CNL will contribute scientific and technological knowledge and capabilities, while Portland will provide business expertise and funding support for opportunities jointly developed by the two parties. The partnership aims to accelerate the development of clean and affordable energy and access to new cancer therapies globally. Both companies intend to foster economic growth through investments and address climate challenges to improve the quality of life for people living with cancer.
Portland’s In-house Capabilities
An in-house team led by Portland’s Chief Nuclear Officer, Dr. Stephen Bushby, a seasoned scientist and business executive who previously led various nuclear mandates for the Canadian government at Atomic Energy Canada Limited (AECL) and CNL. Portland also counts on its Chief Scientific Officer, Dr. Parris Lyew-Ayee, serving as the Chairman of the International Centre for Environmental and Nuclear Sciences (ICENS) in Jamaica, with a distinguished career in the private and public sectors, serving on several Boards.
The team includes Dr. Ken Petrunik, a global authority on the construction of nuclear reactors around the world, who also served as Chief Program Officer at the Barakah nuclear power plant, presently serves as Chairman of Global First Power working to construct and operate a Micro Modular Reactor® at CNL’s facilities and has an advisory role to several international nuclear companies.”
Portland's Partnership WITH
Ultra Safe Nuclear Corporation (USNC)
Partnership agreement with Ultra Safe Nuclear Corporation (USNC), a global leader in:
- Fuels and materials for nuclear power, including TRISO, advanced moderators and Fully Ceramic Micro-encapsulated (FCM®) fuel
- Small and very small reactors, including the Micro Modular Reactor (MMR®) for versatile and widespread zero-carbon terrestrial power production
- Advanced nuclear technologies for space exploration
The agreement with USNC positions Portland as:
- Lead investor in USNC’s Series B Funding
- Exclusive holder of rights to jointly develop MMR projects in the MENA and the Caribbean regions
- Exclusive holder of rights to jointly develop MMR regional manufacture and supply chains in the MENA and the Caribbean regions
Image Is From Ultra Safe Nuclear Corporation (USNC)