Abac Capital provides an annual ESG training to all its employees to refresh, among others, its Responsible Investment policy. Abac's RI policy encompasses pre-investment and portfolio management processes seeking to ensure adherence to UNPRI guidelines and international best practices.
The process to follow before approving an investment is well described in Abac's investment policies (including its RI policy) and respected by the investment team; the investment approval process includes, among other steps, a formal due diligence on ESG matters, whose outcome is presented in the Investment Committee.
Portfolio companies are trained on ESG matters through their ESG Champion (an employee appointed by Abac to coordinate ESG initiatives implementation and monitoring at each portfolio company). The ESG Champion is provided with a straightforward job description of the ESG Champion role and has quarterly meetings / calls with Abac's counterpart to discuss any issue that may surface.