The Foresight Group Sustainability and ESG Committee is responsible for shaping and steering the firm-wide approach to sustainability, responsible investment and corporate social responsibility. An important part of the Committee's responsibility is developing and reviewing the Group's vision and strategy with regard to sustainability and ESG, as well as ensuring that these considerations and frameworks are incorporated into the Firm's investment process and asset management activities and are appropriate and best-in-class. The portfolio and investment teams closely monitor the market environment and any rules or regulatory changes. These are communicated back to the Committee members who then ensure that the Group's activities are updated to reflect such changes. The Committee also pursues initiatives to promote Foresight's corporate social responsivity ("CSR") activities, and is responsible for setting, reviewing and monitoring corporate objectives and measures to ascertain performance against prioritised CSR measures. The Sustainability and ESG Committee meets quarterly or on an ad hoc basis as required.
As part of the annual staff appraisal process, all members are required to include at least one ESG related objective in their self-assessment forms. Progress against these objectives is assessed biannually by the team heads and ensures that each member is contributing to achieving team goals, including making a positive social and environmental impact through our investments and creating a smarter future.