An assessment of ESG risks, when making investment recommendations, is added to the Investment Memorandums to be presented to the Board. This assessment includes:
- A complete ESG investment checklist
- A complete ESG reporting checklist
- A review/list of other relevant ESG considerations addressed throughout the due diligence process. This review focuses on relevant ESG risks for each individual investment and put emphasis on how these would be addressed throughout the life of the holding of the asset (a suggested selection of considerations is listed on question FI 12.2).
Going forward, MV Credit is looking to implement an ESG scoring system, which will formalise how the Manager Board determines and evaluates ESG compliance.