This report shows public data only. Is this your organisation? If so, login here to view your full report.

INFRAVIA CAPITAL PARTNERS

PRI reporting framework 2019

You are in Direct - Infrastructure » Overview

Overview

INF 01. Description of approach to RI

01.1. Provide a brief overview of your organisation’s approach to responsible investment in infrastructure where you have equity stakes.

InfraVia Capital Partners invests in assets with a lifecycle typically spanning over several decades with the objective to deliver stable and long-term returns to its investors. The very nature of the services provided by infrastructure assets, as well as their environmental and social impacts make sustainable development considerations key for infrastructure investment.

InfraVia Capital Partners believes that striving to improve on environmental, social, societal and governance criteria not only deals with responsible investment considerations but also improves the lifetime of the assets, their resilience to risks, and their long-term profitability. InfraVia Capital Partners believes that the implementation of a responsible and sustainable investment policy contributes to creating value for the investors, the portfolio companies’ public or private sector partners, and for the communities involved with the funds’ projects.

InfraVia Capital Partners has developed its own sustainable development guidelines, specifically tailored to the infrastructure investment business, and which cover 8 main areas of focus including social acceptability, assessment of environmental benefits, adoption of appropriate governance principles, works site health and safety and fundamental labor rights. InfraVia Capital Partners deploys these guidelines across the portfolio and identifies appropriate Key Performance Indicators to measure the performance of the portfolio in relation to these ESG objectives.

The approach of InfraVia Capital Partners is also consistent with the work carried out by OFI Asset Management, its sponsor, who is active in the field of social economy and was among the pioneers in SRI fund management initiatives. OFI Asset Management is a signatory of the Principles for Responsible Investing endorsed by the United Nations (UN-PRI), as well as the Carbon Disclosure Project (CDP).


INF 02. Responsible investment policy for infrastructure

02.1. Indicate if your organisation has a responsible investment policy for infrastructure.

02.2. Provide a URL if your policy is publicly available.

02.3. Additional information. [Optional]

Whereas infrastructure investment is closed to private equity type of investments notably from a legal point of view (non-listed), infrastructure investment is very specific by nature. Therefore traditional private equity ESG matrix do not apply to InfraVia Capital Partners. InfraVia Capital Partners has developed its own sustainable development guidelines, specifically tailored to the infrastructure investment, which cover 8 main areas of focus including social acceptability, assessment of environmental benefits, adoption of appropriate governance principles, works site health and safety, and fundamental labor rights. InfraVia Capital Partners ESG matrix is flexible enough to be adapted on a case by case basis for each asset depending on its maturity (construction, development, operation), its sector (transportation, energy, social, utilities, …), its geographic location, and its structure (SPV delegating to external partners its operating activity or SPV having its own staff to operate the asset).


Top