The Group believes stakeholder engagement and the highest standards in ESG practices are key factors to consider in evaluating potential and current investments. Abraaj believes that investing sustainably by adopting best practices is a fiduciary duty.
At an operational level, the Global Head of ESG and Central ESG Officer work proactively with regionally appointed ESG champions and value creation professionals, and are responsible for ESG within the Group. They engage alongside the investment teams, who have day-to-day ESG responsibility, to improve ParCo ESG Performance. ESG factors are also considered as part of the investment decision by the Investment Committee with risks and opportunities discussed with mitigants and opportunities included as part of the value creation and corrective action plans.