ESG issues are an integral part of 3i’s investment and portfolio management procedures which all staff are expected to be familiar with, and which are available to all staff on an internal portal. The procedures outline where, when and how ESG matters must be considered in the investment and portfolio monitoring processes. 3i has a suite of detailed responsible investment guidelines which are available to all 3i staff and which cover the following sectors and ESG issues:
Social Infrastructure and Healthcare;
Business and Financial Services;
Industrials and Energy;
Specific ESG issues:
Supply Chains and Transport;
The guidelines were prepared, and are updated, by an external ESG consultant as required. They were last subject to an update in July 2017.
The guidelines underpin the minimum ESG standards set out in 3i’s Responsible Investment policy which, in turn, reflect international standards such as the IFC Performance Standards & Guidelines and the ILO Fundamental Conventions.
The guidelines apply throughout 3i’s investment process, from initial investment through portfolio monitoring to final exit. The guidelines are aimed at 3i’s investment teams but are available to all staff.