Describe how responsible investment is incorporated
In 2019, PAI worked closely with management consulting firm PwC to perform an audit of our reporting framework. The audit was all-encompassing and assessed our reporting structure and procedure, as well as our reporting indicators, highlighting definition, consistency and estimation methods. Not only did this exercise serve as a tool to identify areas of improvements and draw attention to our strengths, but it also holds us accountable as a responsible investor.
In addition, PAI works with consultants on a regular basis to address specific needs, such as, setting up a CSR governance structure, developing an energy efficiency program, and carrying out a life cycle analysis.