Describe how your organisation outlines expectations on staff and portfolio companies’ approach towards ESG issues in investment activities.
During 2018, our Responsible Investment policy was updated and approved by the Group Board. The revised policy was communicated to all Bridgepoint employees and was uploaded to the ESG section of our intranet site.
Other measures taken to communicate our policy requirements include:
- Ad hoc updates at Investment Team meetings, which included the London and Paris offices in 2018;
- Active dialogue between the ESG team and the Investment Team, which is typically during a transaction or when engaging with new portfolio companies;
- Informal inductions with new recruits; an area we will consider formalising going forwards; and
- Discussions with portfolio management teams as part of our active engagement.