TowerBrook's values stand at the core of our mission and are the foundation of our belief in responsible ownership. Our most recent PPM from our Fund V and TSO II fundraise in June 2018 contains our Values Statement and our Responsible Ownership Statement, and has a dedicated section regarding Responsible Ownership.
Our most recent PPM states that TowerBrook has a clear and consistent process that helps us scrutinize prospective investments, manage them responsibly and deliver sustainable results for our investors. The PPM states that responsible ownership considerations are integrated into every stage of this process, and drive the development of policies, action plans and metrics for our portfolio companies. The PPM states that our work in this area is not, and will never be, completed: our commitment to responsible ownership is a commitment to a journey, so our process is constantly evolving.
Our most recent PPM states that, in our view, companies with proactive management of environmental and social issues and governance structures that facilitate accountability are better placed to perform well over the long term. Responsible ownership helps to reduce risk and volatility and to improve financial performance by reducing costs, driving revenue growth and enhancing brand value. One of the key indicators of responsible ownership is transparency. With that in mind, our most recent PPM states that we develop metrics to help us track the achievements of our firm and our portfolio companies in promoting diversity, environmental responsibility, ethical conduct, employee engagement and community involvement.
The PPM also states that the Responsible Ownership Report is published on the TCP website. The PPM also states that future reports will be published regularly and will describe the development of our metrics and reporting processes as well as highlighting the work of our portfolio companies to build businesses that are fit to face the challenges of the future.