Aligning with the global ESG agenda
We are committed to being best-in-class in ESG, which among other things, means keeping up with evolving market standards and best practices, and refining and strengthening our ESG governance framework, asset management processes, and reporting as industry practices and global frameworks continue to develop.
As investors and operators of critical infrastructure assets, we recognize that our investment activities are often highly impactful against broader societal challenges and goals. We believe each of our investments meaningfully and substantively contributes to at least one of these five United Nations Sustainable Development Goals (SDGs) through its normal course of operations.
A growing global population needs access to affordable energy that mitigates or slows the impacts of anthropological climate change, as well as the adverse impacts to human health caused by airborne pollutants released by the burning of coal and oil. This requires investment in new technologies and infrastructure. Our renewables and energy transition businesses directly contribute to the advancement of this goal.
Improving living standards requires economic and employment growth, alongside greater productivity and technological innovation. As growth-oriented investors, we seek to deploy capital expenditure to expand businesses and construct assets, which creates both permanent and temporary jobs.
Infrastructure is a key enabler of economic growth and as the global population becomes increasingly urbanized and digitalized, more people rely on services provided by telecommunications, energy and transport infrastructure. As specialist infrastructure investors, this SDG is at the heart of our business.
Optimizing the use of limited resources contributes to the sustainability of economic activity. We invest in and grow businesses that have responsible consumption and production embedded into their operations
We are helping to protect the climate by supporting the transition from fossil fuels to renewable energy generation, and by guiding our portfolio companies in their efforts to reduce their carbon emissions and meet new reporting standards, such as TCFD.
Our ESG frameworks
We are also signatories to the United Nations Principles for Responsible Investment (PRI) as well as the Net Zero Asset Managers initiative and expect to publish our first Task Force on Climate-related Financial Disclosures (TCFD) statement and associated climate action plan in 2022.