When infrastructure maintenance is performed, whether by third party firms or by portfolio company personnel, Quinbrook seeks to ensure that the senior management of the relevant portfolio company considers ESG related issues such as:
- Community impacts from the works (including noise abatement, minimal traffic disruption, dust control, etc.);
- Community benefits (such as cleaner stack emissions from fitment of new equipment, improved water recycling/re-use);
- Job creation/preservation (both temporary and permanent);
- Local hiring preferences and ongoing training opportunities to increase local skill base;
- Setting zero incident targets requiring safe work practices for all major maintenance;
- Waste management protocols such as safe disposal of chemicals, used oils and lubricants following major maintenance and equipment overhauls;
- Safety improvements for maintenance crews (i.e. installation of permanent roof covering to avoid rain water ingress during live electrical works).
Where completed by a third party firm, Quinbrook also considers in the selection of third-party contractors:
- The extent of adherence or willingness to adhere to Quinbrook's Responsible Contractor Policy;
- Track record of historical incidents or material liabilities incurred (e.g. in areas such as OH&S performance, environmental compliance/breaches, labour relations record, community protests/engagement, litigation/prosecutions);
- Industry rankings or benchmarks (if available) based on certain ESG metrics;
- Reputation and referee assessments (which may extend to criminal record searches for key personnel);
- Review of any existing ESG policies, if available, and evidence of adherence to these;
- Interrogation of governance and willingness to respond to requests for disclosure of ownership structures or associations (for example, to enable assessment of parent companies/key investors to identify potential biases/alignments); and
- Requesting disclosure of preferred partners/networks/suppliers.