Fair Money & Economic Opportunity

Oaktree Specialty Lending Corporation (OCSL.US) is a specialty finance company that provides credit solutions to middle-market companies with enterprise values between $100 million and $750 million.

Its investment objective is to generate current income and capital appreciation by providing flexible financing solutions to these companies. As a Business Development Company, it is required to invest at least 70% of its total assets in U.S. private or thinly-traded public companies. The weighted average annual yield of its debt investments was approximately 8.7% as of September 30, 2021. The company does not offer lending or deposit services to individual consumers, nor does it provide consumer credit products, high-cost financial products, or manage customer finance data in the context of open banking. Therefore, KPIs related to underserved consumer segments, consumer pricing, exploitative fees, financial inclusion initiatives for individuals or micro-segments, customer data accessibility for consumers, wealth building outcomes for individuals, financial literacy programs, consumer debt burden, geographic inclusion for retail banking, and product simplicity for consumer financial products are not applicable to its business model.

Fair Pay & Worker Respect

OCSL.US is externally managed by Oaktree Fund Advisors, LLC, and does not have direct employees.

Its CEO, Armen Panossian, received $0 in direct compensation from OCSL in fiscal year 2025, as executives are paid by Oaktree or its affiliates. OCSL reimburses Oaktree for an allocable portion of compensation for administrative officers and support staff. Given its structure, the CEO to median employee pay ratio is not applicable.

Fair Trade & Ethical Sourcing

Oaktree Specialty Lending Corporation (OCSL.US) is a specialty finance company that provides debt financing and equity co-investments.

Its business model does not involve the procurement or trading of physical commodities, nor does it have a traditional supply chain that would expose it to upstream labor practices or require fair-trade certifications, material sourcing audits, or traceability of physical goods. Therefore, all KPIs under 'Fair Trade & Ethical Sourcing' are not applicable to the company's operations.

Honest & Fair Business

The company has a whistleblower policy that allows for anonymous or confidential reporting, with options to direct concerns to non-management, independent, or individual board members.

However, there is no evidence of independent investigation processes, training, or program effectiveness. Additionally, the company's policy mentions compliance with anti-money laundering, anti-corruption, and bribery laws, but lacks specific details on guidance for facilitation payments or gift thresholds, or information on enforcement and training.

Planet-Friendly Business

OCSL.US reports a total climate risk exposure of $42.6 million, which includes $24.3 million in transition risks and $18.3 million in physical risks.

This quantification of climate risks indicates advanced TCFD disclosures with climate risk integrated into Enterprise Risk Management. The breakdown into transition and physical risks suggests good climate scenario analysis, with results beginning to influence planning. The transparent disclosure of specific monetary values for transition risks, which are related to stranded assets, indicates a quantitative risk assessment for climate-affected assets.