Consideration of ESG factors lies at the heart of Foresight’s business and investment approach. We believe that acting conscientiously as a corporate entity and investing responsibly by seeking to achieve positive social and environmental outcomes are critical to Foresight’s long-term success and value creation in our investments. We formally integrate ESG and sustainability principles into our investment decision-making and investment management practices, ensuring that the investee companies, suppliers and business partners we work with are similarly supportive. For both the Private Equity and Infrastructure divisions, we adopt a framework based on five central themes:
Sustainable Development Contribution (Infrastructure) or Strategy and Awareness (PE)
Third Party Interactions.
Foresight Capital Management’s funds will invest in shares of companies that are listed on regulated markets and provide a net social or environmental benefit, avoiding traditional energy companies and actively allocating capital to renewable energy companies. As we are often a significant shareholder in these companies, we see our engagement as a key part of our investment process and believe it will be instrumental in improving their ESG standards. The level of engagement between Foresight and investee companies will vary depending on many factors including the size of the shareholding.