A Team-Centric Approach to ESG

Case Study

Kestra, a wearable medical device and digital healthcare company, has a mission that is inherently people-driven: to protect patients with technologies that are intuitive, intelligent, and mobile. But this human-centric mindset doesn’t just exist externally for its customers. Kestra’s deep sense of care and responsibility also guides the business internally, extending to the many ESG practices it builds around its workforce—a cause our Life Sciences team at Bain Capital has been accelerating.

In the same way that Kestra’s empathy-powered design principles keep its patients’ experiences at the center of its products, its team members are at the core and heart of the organization. In its Code of Conduct, Kestra established four ESG commitments to different stakeholders, one of which is its own team, with the goal of creating a “respectful, inclusive, and engaged culture where integrity, quality, trust, and community are paramount.” It has also created six ESG resource groups—three of which are dedicated to professional development, networking, and mentoring—illustrating how Kestra has sought to develop a strong, engaged, and positive culture.

Beyond championing the growth and well-being of its team, Kestra also promotes other elements of ESG across its company. From prioritizing DEI efforts to support women in leadership roles (three of its seven board members and 50% of its managers are female); to emphasizing community philanthropy; to encouraging circularity across its supply chain, Kestra truly thinks holistically about ESG—starting with its own team.

Philip Meicler
Our Life Sciences team invests in companies that enable innovation across the value chain—improving the lives of patients and employees, while simultaneously driving strong business performance.
Adam Koppel, Head of Life Sciences