Projects are systematically subjected to dialogue with the key stakeholders of each project (i.e. the regulatory agency, communities, civil society, etc.) as part of our procedure for filing permits; this also includes impact studies and research. Every investment within our portfolio is subject to these procedures.
It is also worth noting that our ESG assessment and monitoring process* applied by Mirova, includes meetings or calls with project operators if the qualitative information is not sufficient to cope with the assurance of sustainability risks management or to better understand the sustainability contribution of the project's purpose.
In addition to these individual engagement initiatives, Mirova actively contributed to promote the integration of ESG issues in the infrastructure asset class.
- We actively took part in the launch in 2015 of GRESB Infrastructure, a global sustainability benchmark for infrastructure assets, as well as first campaigns;
- We also were sponsors of the Global Infrastructure Basel (GIB) (for further information about these initiatives, please refer to INF.8).
Please refer to INF.01 for further details about our proprietary ESG assessment methodology suited to infrastructure projects.
*The annual engagement report is available on Mirova's website: http://www.mirova.com/en-INT/voting-and-engagement