We monitor all of our portfolio companies on an ongoing basis throughout the year. All our Fund 5 and Fund 6 portfolio companies are required to report a minimum of 3 ESG KPIs on a quarterly basis. The majority of these report additional ESG KPIs specific to their business on a quarterly basis as well. The ESG KPI data is captured within iLevel along with the portfolio company's financial and operational KPIs.
The portfolio ESG KPIs are reviewed quarterly by the Cinven ESG Steering Group and also by an external advisor and remedial actions taken if required.