The Advisor seeks to address ESG issues and compliance at each stage of a portfolio investment's life, from pre-acquisition to disposal:
Approval Stage - The Investment Team will consider ESG issues in their due diligence work, engaging environmental consultants when appropriate. The Investment Committee will consider ESG governance in their review of the investment case and identify any further due diligence that they consider necessary.
Ongoing Monitoring - As part of the ongoing asset management and continued monitoring of the performance of the investment, the Investment Team will continue to review the Fund portfolio company's exposure to and management of ESG compliance. As part of its quarterly external reporting exercise and its half-yearly internal review exercise for each portfolio investment, the Advisor will include details of potential ESG risk exposure and mitigation measures.
The Advisor has developed a formal policy which sets out guidelines for ESG within the business and portfolio company.