James Metcalfe, Managing Partner and Head of Global Investments, and Andrew Bishop, Partner, Managing Head of Investor Solutions, have ultimate responsibility for the execution of ESG policies, procedures and reporting. Tricia Burnell, Head of ESG is dedicated to implementing ESG programs and reporting, both at the Fund and asset levels. Zach Stanton, Chief Risk Officer is also part of the implementation team/has Accountability as ESG factors are a key part of the ongoing Risk Assessment, Management and Reporting Process. Climate-related risks, as appropriate to each individual portfolio asset, are considered as part of the annual risk assessment/Enterprise Risk Management process undertaken annually.
Every individual transaction/portfolio monitoring team and Board of Directors also has responsibility and accountability for ESG throughout the investment lifecycle (ESG performance and reporting is a part of the annual review process for all of our Global Investment professionals.
Board Oversight and Management Responsibility: At the portfolio company/individual asset level, the Board and senior management share ultimate responsibility for setting ESG-related policies, monitoring and performance. Alinda requires that ESG topics and KPIs be reported on monthly and as a topic of every Board meeting.
Role of Management: Portfolio Company management teams are expected to develop and implement appropriate ESG-related policies, including those that may be impacted by climate change, as well as identifying associated risks and opportunities.
Monthly portfolio company reporting (including ESG KPIs and initiates, are also included as part of Alinda's Monthly Portfolio Review Process, whereby each portfolio company transaction team provides an update monthly to the firm's Investment Committee.