Prospect Capital Corporation.
PSEC.US | Trusts, funds and similar financial entities
Prospect Capital Corporation is a publicly traded business development company (BDC) that focuses on lending to and investing in middle-market companies in the United States. The company provides financing to businesses for acquisitions, recapitalizations, growth, and other purposes. Prospect Capita...Show More
Better Health for All
0
No evidence available to assess Prospect Capital Corporation on Better Health for All.
Fair Money & Economic Opportunity
0
Prospect Capital Corporation (PSEC) is a business development company primarily focused on lending to and investing in middle-market companies.
1
While PSEC acquired QC Holdings, a company that provides short-term loans and financial services to underbanked populations, the provided articles do not offer specific quantitative data on the percentage of PSEC's total customers from underserved segments, the average APRs or fee multiples of its products compared to market medians, or the percentage of its revenue derived from high-cost products.
2
There is also no information regarding inclusion initiatives, data accessibility, wealth-building outcomes, profit reinvestment, financial literacy programs, customer debt burden ratios, geographic inclusion, or product simplicity for PSEC or its acquired entities. Furthermore, although regulatory pressure in the alternative finance sector is noted, no specific regulatory findings or fines for discriminatory or unfair lending practices are mentioned in the provided articles for PSEC or QC Holdings.
3
Fair Pay & Worker Respect
50
Prospect Capital Corporation provides 100% employer-paid healthcare to its workforce.
1
Anonymous employee surveys conducted via CultureAmp show 84%+ satisfaction across multiple attributes, exceeding investment management industry benchmarks.
2
The company has been named "One of the Best Places to Work in the Private Capital Industry" by Mergers & Acquisitions.
3
No regulatory actions, violations, fines, or compliance issues related to labor practices have been mentioned in the provided articles.
Fair Trade & Ethical Sourcing
0
Prospect Capital Corporation operates as a business development company (BDC) in the financial services sector, primarily engaged in lending to and investing in other companies.
1
Its business model does not involve the procurement or trading of physical commodities, nor does it have a supply chain that would necessitate welfare or sourcing audits, expose it to upstream labor practices, or require mapping for provenance data.
2
Consequently, the company does not have remediation processes for supply chain violations, ethical sourcing clauses in contracts related to physical goods, or material sourcing of at-risk inputs.
3
Its procurement activities are not relevant to the context of fair trade and ethical sourcing of physical goods.
4
Honest & Fair Business
-40
Prospect Capital Corporation has a Code of Conduct applicable to its directors, officers, and employees, requiring annual written affirmation of receipt, understanding, and compliance.
1
The company's Audit Committee is responsible for establishing and maintaining procedures for the confidential, anonymous submission of concerns regarding questionable accounting or auditing matters.
2
Specific whistleblowing channels, including email and phone, are provided for various regions, and direct contact to the Chairman of the Audit Committee is available.
3
The Audit Committee must consist of at least three independent board members, meeting NASDAQ and SEC independence standards.
4
The Code of Ethics, which is reviewed and approved annually by the Board (including a majority of independent directors), prohibits using one's position for personal gain and requires reporting of outside business activities.
5
Prospect employs the ComplySci Platform for compliance monitoring, covering personal trading, gifts, and outside business affiliations.
6
Kind to Animals
0
No specific, concrete evidence regarding PSEC.US's performance on any of the 'Kind to Animals' KPIs was found in the provided articles. The articles discuss other entities such as Zoetis, Innovetive Petcare, and Prospect Partners, but do not provide information directly attributable to Prospect Capital Corporation (PSEC.US).
No War, No Weapons
0
No evidence available to assess Prospect Capital Corporation on No War, No Weapons.
Planet-Friendly Business
0
No specific, concrete data points or actions related to environmental stewardship, carbon emissions, renewable energy, water use, waste management, climate targets, biodiversity, or climate justice initiatives were found in the provided articles for Prospect Capital Corporation.
1
While an ESG score is mentioned as available via premium channels, no underlying details or quantitative metrics relevant to the KPIs were publicly disclosed in the given information.
2
Respect for Cultures & Communities
0
No evidence available to assess Prospect Capital Corporation on Respect for Cultures & Communities.
Safe & Smart Tech
0
No evidence available to assess Prospect Capital Corporation on Safe & Smart Tech.
Zero Waste & Sustainable Products
0
No specific data is available to assess Prospect Capital Corporation's performance related to zero waste and sustainable products.
1
The provided articles discuss the company's financial performance and general ESG risk ratings but do not offer quantitative metrics on waste diversion, product recyclability, packaging sustainability, or any other specific KPIs under this value.
2
A $5 million allocation for a sustainability initiative is mentioned, but it is focused on carbon emissions, which is outside the scope of this value unless directly related to waste management, which is not specified.
3