Once per year, we will review our portfolio companies progress against set ESG objectives. Furthermore, we annually review our teams' progression of our RI/ESG capabilities against specific objectives and reflect on best practice in the industry in order to continually evolve and improve our approach to RI/ESG. For example, in 2020 we have transitioned from a single 'Head of ESG' as responsible for portfolio monitoring, to make each NorthEdge Investor Director on the Board of our portfolio companies responsible and accountable for ESG monitoring and improvement. This has involved a firm wide transition, education and training program, and follows best practice advice from the likes of Permira and Apax.
Our RI/ESG policy is also refreshed on an annual basis, to reflect this work, and then re-published in Q1 of the new year. For the individuals leading ESG and RI activities, their annual objectives include RI/ESG activities that are then reviewed as part of their half-yearly and annual objectives and remuneration review.