Describe how your organisation outlines expectations on staff and portfolio companies’ approach towards ESG issues in investment activities.
LeapFrog has a Responsible Investment Code (RIC) which is formally adopted by each portfolio company. The RIC outlines material ESG risks, and serves as a basis to discuss these risks openly with each portfolio company and staff members. All staff and portfolio companies undergo training on the RIC. There is an internal compliance mangaer at LeapFrog who is responsible for ensuring that the portfolio companies and LeapFrog staff are functioning in line with the RIC.