Investments staff and portfolio managers consider the investment portfolio ESG risks and/or external fund manager's ESG capabilities when assessing for potential new appointment, as well as maintaining an on-going dialogue to assess the ESG capabilities. Portfolio managers are provided with investment portfolio ESG reporting for both internally managed and externally managed portfolios. In addition to regular dialogue and portfolio review external investment managers are required to complete an annual ESG questionnaire detailing ESG related investment activities and integration.
IAG’s Chief Executive Officer (CEO) has management accountability for the implementation, performance and external disclosure of IAG’s safer communities’ activities, which includes climate change and the Climate Action Plan. The Group Executive People Performance and Reputation has accountability for oversight of climate change activity and the Climate Action Plan, with accountability for key objectives and programs outlined in the Plan owned by relevant IAG Group Leadership Team (GLT) members. Progress against IAG’s Climate Action Plan is reported to the IAG GLT at least every six months.