Tern PLC 2023 Annual Report with Sustainability Disclosures
Company: Tern PLC
Sector: Finance & insurance
Country: United Kingdom
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 59
The report describes 2023 portfolio valuation pressure, including the write-down of Konektio to nil, while noting continued progress across several portfolio companies. It details ESG Committee oversight of investment decisions and portfolio-company performance, alongside a 40% reduction in operating costs and a smaller senior leadership team.
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