The respective investment/deal team assesses the relevant ESG aspects of a prospective new investment. The materiality of ESG issues is discussed with the head of ESG, who provides input for the scope of ESG related due diligence.
ESG due diligence is on a case-by-case basis; either performed in-house or specialist ESG/sustainability consultants are engaged. ESG due diligence findings are discussed with company management and in our IC meetings. The head of ESG participates in all IC meetings to consistently address ESG considerations. In IC papers there is a mandatory ESG section to make sure that all Bregal fund deal teams address the relevant ESG considerations.