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Ambienta SGR SpA

PRI reporting framework 2019

You are in Strategy and Governance » Governance and human resources

Governance and human resources

SG 07. RI roles and responsibilities (Private)


SG 07 CC. Climate-issues roles and responsibilities

07.5 CC. Indicate the roles in the organisation that have oversight, accountability and/or management responsibilities for climate-related issues.

Board members or trustees

Chief Executive Officer (CEO), Chief Investment Officer (CIO), Chief Risk Officer (CRO), Investment Committee

Other Chief-level staff or head of department

Portfolio managers

Dedicated responsible investment staff

External managers or service providers

07.7 CC. For the management-level roles that assess and manage climate-related issues, provide further information on the structure and process involved.

Our ESG in Action programme include climate change related issues as part of the Environmental issues to be addressed. The ESG Node and the investment team are responsible to address all material issues arising within each portfolio company. The first step to assess climate change issues is the Materiality analysis, through which the team analyzes the risk and opportunities linked to the issue. Then, if the ESG plan focuses on addressing climate change related issues, the Team are responsible to implement the action planned. 

As a firm Ambienta commits to monitor energy consumption patterns of all portfolio companies through a dedicated indicator, directly connected to greenhouse gases emissions.


SG 08. RI in performance management, reward and/or personal development

08.1. Indicate if your organisation’s performance management, reward and/or personal development processes have a responsible investment element.

Board members/Board of trustees

08.1b. RI in personal development and/or training plan

08.2. Describe any activities undertaken during the reporting year to develop and maintain Board members’ skills and knowledge in relation to responsible investment.

Ambienta's Directors are Partners of the firm. As pointed out below (C-level Executive section) they have Responsible Investment KPIs objectives in their performance appraisal process and variable pay link. Since they are actively participating in the implementation of the ESG in Action Programme they are constantly exposed to our Responsible Investment best practices. The ESG Manager and the three internal resources participate to conferences and engage external Responsible Investment consultants to maintain best of breed knowledge of industry standards. This knowledge is shared with the whole Ambienta's team, including Partners who sits in Ambienta's Board through regular meetings held 2-3 times a year.

Chief Executive Officer (CEO), Chief Investment Officer (CIO), Chief Operating Officer (COO), Investment Committee

08.1a. RI in objectives, appraisal and/or reward

08.1b. RI in personal development and/or training plan

Other C-level staff or head of department

          Head of Sustainability and Strategy
        

08.1a. RI in objectives, appraisal and/or reward

08.1b. RI in personal development and/or training plan

Portfolio managers

08.1a. RI in objectives, appraisal and/or reward

08.1b. RI in personal development and/or training plan

Dedicated responsible investment staff

08.1a. RI in objectives, appraisal and/or reward

08.1b. RI in personal development and/or training plan

08.3. Provide any additional information on your organisation’s performance management, reward and/or personal development processes in relation to responsible investment.

Since 2016 we included in the annual performance evaluation an ESG drive indicator which will take into consideration for the variable remuneration of the year the individual achievements, coherently with seniority and level of responsibility. Every team member is engaged in ESG in Action implementation and regular update meetings so could benefit from each other experience in its personal development since very junior level.


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