Listed Equity: RI Department reviews a range of External Manager's RI/ESG policies and protocols during due diligence. RI department produces an RI Commentary Report for External Managers and undertakes portfolio ESG quality analysis to better inform External Partnerships team on key ESG risks/opportunities at a portfolio-level. RI-related information covered is structured across seven assessment categories grouped into three assessment pillars: Manager ESG Governance, Fund Investment Process and Fund Active Management. Assessment categories capture information on ESG policies and guidelines, Board oversight and accountability, due diligence process, materiality of ESG, ESG integration, engagement and advocacy and an ESG Portfolio Score.
Alternative Investments: Following the asset-specific Sustainability Guidelines, each fund investment in the alternatives space undergoes a comprehensive ESG due diligence by the AIMCo deal team and RI. A two-three page commentary on each potential external manager is produced along with a slide for the Investment Committee presentation. For Infrastructure, we review GRESB reports to inform our ESG assessment.