Describe your organisation`s approach to incorporating ESG issues in infrastructure investment selection.
All projects are screened, assessed and categorized against the IFC Performance Standards. At initial clearance stage E&S performance of the client is analysed and proposals made regarding areas to further investigate during due diligence. After due diligence, findings and the manner on which to close gaps in relation to the IFC PS (ESAP) are incorporated into the finance proposal. The DD, E&S assessments and the ESAP are all carried out by an E&S specialist. The proposal is reviewed by an E&S Analyst in the Risk Department and passed on to the investment committee (one of whose members is sustainability manager).