We have a mandate to invest in projects which generate job creation, education and training, health and social care, financial inclusion, community-based asset development, environmental benefits and community driven environment. However, as part of Gresham’s sustainability commitments made at a firm level, we endeavour to understand the views, concerns and ambitions of our stakeholders in seeking sustainable outcomes from the investments we are involved in and therefore could consider incorporating client preferences at the pre-investment stage.
We have a content-rich expert ESG asset management tool which guides our team in terms of identifying potentially material issues (both short- and long-term) and impacts (both positive and negative), and finding means by which these can be optimised, managed or mitigated. This includes:
- Prompts to evaluate the potential deal based on Gresham House's experience in the sector previously (i.e. lessons already learned and capability to yield maximum positive impacts);
- Mind map based prompt tools to show the potential areas for consideration within our Sustainable Investment Framework, expanded into relevant subsets to provide more granularity
- Structured questions to help our team evaluate which ESG and impact topic areas could be potentially material within the context of our proposed investment;
- The workstreams that will be needed to clarify potentially material issues and opportunities (e.g. further management meetings, focused due diligence etc).
- The outcomes of this assessment are presented on our evaluation matrix, with accompanying commentary, which is then considered explicitly at Investment Committee Meetings
- Development of project specific Key Performance Indicators (which vary on a project by project basis)
Our key focus areas are set out in Gresham House’s Sustainable Investment framework and comprise: governance, compliance & risk management; staff care; customer care; supply chain management; marketplace responsibility; pollution, waste and carbon; and resource efficiency. Given we are currently solely focused on the UK, we would not expect our approach to differ between geographical regions and similar infrastructure types.