Apollo's Reiss on Board Diversity and ESG Investing

The video discusses Apollo's commitment to improving diversity and creating opportunities, particularly through board composition in controlled companies. It highlights the importance of diversity in driving performance and the influence Apollo can exert even in companies outside its control. The discussion extends to ESG metrics, with Apollo's 12th annual ESG report covering a large portfolio. The video also explores the impact fund's focus on mature companies, aiming to drive social and environmental change while ensuring financial returns.

What is the primary reason Apollo focuses on board diversity?

• To comply with government regulations

• To improve company performance and decision-making

• To attract more investors

• To reduce operational costs

How does Apollo aim to influence companies where it lacks direct control?

• By reducing investment in such companies

• By enforcing strict policies

• By leading through example and showcasing outperformance

• By acquiring a majority stake

What opportunity has arisen from the shift to a decentralized workforce?

• Access to a wider pool of diverse talent

• Increased operational costs

• Reduced need for office space

• Higher employee turnover

What is a key focus of Apollo's ESG reporting?

• Maximizing short-term profits

• Improving clarity and figures in their portfolio

• Reducing the number of employees

• Increasing the number of controlled companies

What is Apollo's strategy for impact investing in mature companies?

• Focusing only on early-stage companies

• Widening the scope to include mature businesses with intentional impact

• Avoiding mature companies due to complexity

• Investing only in technology startups