ESG factors are core to all of CDC's investments. All fixed income opportunities are screened first against CDC's Code of Responsible Investing, including our exclusion list. The selection of remaining potential investments are benchmarked against one another and against the market for both financial and ESG factors.
Before investment, all opportunities are diligenced against international best practices, and the gap analysis is translated into an action plan which becomes part of the deal legals. Thus ESG factors are explicitly and systematically included into the decision making process. In line with its Climate Change Policy, CDC is proactively seeking renewable energy investment opportunities, although these have not been codified in a thematic strategy.