ESG processes have been put in place with appropriate training.
Relevant staff have been trained to involve the ESG team when assessing potential investments.
Such processes at the initial research phase include:
- a sector screen focusing on a particular industry;
- compliance/criminal checks so all are aware of criminal issues such as corruption, fraud or sanctions; and
- as due diligence progresses a more specific ESG screen of the target.
In respect of these screens, Triton uses various online screening providers such as Exiger and RepRisk to conduct more detailed ESG diligence with ratings analysis.
This, combined with the ESG team's involvement, ensures that all investment teams and decision makers are made aware of any relevant ESG issues.