Infrastructure is held predominantly through pooled funds and therefore Cbus has less ability to directly influence each individual acquisition. However, Cbus requires that ESG forms a part of due diligence for infrastructure assets. External managers are required to report annually on new assets and any adaptation or mitigation requirements relating to ESG particularly climate change. This is also required during the asset management phase. During the second half of 2018 Cbus became a member of GRESB infrastructure.