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Foresight Group LLP

PRI reporting framework 2019

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Overview

PE 01. Description of approach to RI (Private)


PE 02. Investment guidelines and RI

02.1. Indicate whether your organisation’s investment activities are guided by a responsible investment policy / follow responsible investment guidelines.

02.2. Describe how your organisation outlines expectations on staff and portfolio companies’ approach towards ESG issues in investment activities.

ESG forms an integral part of Foresight's normal day to  day decision making, investment process, portfolio management and investor reporting.  To guide this approach, Foresight has adopted an ESG policy that sets the company's guiding principles along with the scope and focus as well as the goverance and implementation of ESG matters both internally and externally.

Foresight regularly conducts formal training for staff in sustainability related issues, including running Best Practice sessions. To ensure best practice and alignment, each investment team member is required to sit an ESG compliance test. All members of the investment team also have ESG objectives incorporated within their annual performance appraisals.

Through its investor rights, Foresight is able to ensure good governance and practices are followed by its investee companies.

On investment, investor controls, consent and approval procedures and information rights will be set out in investment agreements and articles of association of investee companies. Foresight works with the investee company management to evaluate the company's ESG track record and procedures, current position and potential to improve. As part of this process. Foresight and the company identify how best to track and monitor performance to ensure ESG best practice is embedded into the culture. 


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