Our deal assessment processes move seamlessly into our stewardship phase, particularly where manageable material ESG issues could not be resolved within the pre-deal phase.
During the construction phase, the focus is on the Construction, Design and Management (CDM) obligations and reporting. In line with our Corporate Governance best practices, we ensure regular Board meetings are held on a monthly basis. The Board pack includes monthly reporting requirements, and Health and Safety is always considered as a paramount matter at every Board meeting, often chaired by an Independent Non-Executive director.
As Gresham House staff act as Directors, we share the responsibility in steering businesses towards improved ESG performance where we believe this is material. Management companies are typically small and we have a close working relationship with them to establish shared goals from the inception of the enterprise.
We are predominately major or sole stakeholder in a business and therefore have ability to exert control in relation to post-investment activities