A number of portfolio companies have developed their own ESG policy and report ESG risk matrix to their Board.
Example for Aurora project : InfraVia has helped the company to enhance its quality management system aiming at unifying operational planning and ensure high quality standards. Aurora owns, operates and develops critical electricity networks for which extreme reliability is a pre-requisite. Customers demand the highest level of professionalism ensuring them with security of supply 24/7 365 days per year. Aurora follows a preventative and proactive quality maintenance policy to ensure a low level of failure. The quality maintenance policy emphasizes on health and safety, and the role of proactiveness to prolong the technical lifetime of the assets. The strategic objectives are to streamline everyday work and enhance customer transparency. Aurora’ largest environmental contribution is achieved through its focus on world-class distribution reliability as avoiding network disturbances minimizes process inefficiencies and pollution.
A number of portfolio companies do not have their own ESG policy as their activity does not require such policy. This is the case for most of renewable energy investments, for which environmental considerations are core to their activity. In other cases, the portfolio companies do not have their own ESG policy as they rely on the operator ESG policy. In all cases, all operators that InfraVia Capital Partners is working with have implemented ESG policies and sustainability reporting.