How we invest
Learn more about our approach to infrastructure investing.
Creating value
sustainably
We believe sustainability considerations are fundamental to building better, more resilient businesses that deliver long-term value for our investors.
Our approach to
sustainable value creation
As infrastructure investors and a fiduciary for our partners, we recognize that sustainability considerations can have a meaningful impact on the performance and risk-return outcomes of our investments. Therefore, we ensure they inform the way we source, invest in, and manage businesses, and we have embedded these considerations into each phase of the investment lifecycle.
Our deal teams act as the firm’s first and best filter on sustainability considerations. Diligence findings are generally summarized, presented, and transparently debated in an Investment Committee forum to ensure we understand the sustainability-related risks and value creation opportunities for an asset and build them into our investment case.
Our diligence informs our onboarding and business planning – we prioritize critical issues and discuss longer-term, value-adding sustainability initiatives, which are phased according to the company’s needs.
We are active owners and tailor our approach to sustainability at each of our portfolio companies to the industry- and asset-specific circumstances most relevant to each. Examples include assessing exposure to physical climate hazards, implementing commercially accretive plans to reduce emissions intensity, improving health and safety performance, mitigating exposure to human rights risks in portfolio company supply chains, and enhancing accountability for sustainability outcomes. We believe that incorporating these considerations holistically and consistently where relevant helps build a resilient portfolio and supports our goal of achieving market-leading risk-adjusted returns.
We recognize reporting and disclosures as important components of our wider operating principle of transparency, and guide management team partners to prepare reporting aligned to evolving and increasingly detailed standards. We are members of the United Nations Principles for Responsible Investment (PRI) and a supporter of the Task Force on Climate-Related Financial Disclosures (TCFD).
Adding value through active ownership
We are entrepreneurial and seek out like-minded management team partners, while also offering the support and structure that we believe leads to the growth of better businesses.
Being an active owner and value-additive capital partner to our management teams means we engage frequently on operational matters. Sustainability is just one important component of our operational toolkit that we use to drive value creation.
Prioritizing health and
safety
Driving energy
transformation
We believe a successful global energy transition requires an “all of the above” approach to energy investing and will need trillions of dollars of capital investment over the coming decades in three key areas.
Responsibly owning and transforming carbon-intensive energy infrastructure
Repurposing existing energy infrastructure to support newer, cleaner technologies
Rolling out renewable energy generation and storage infrastructure at scale
Diversifying data center
power sources
Building best-in-class teams
We believe inclusive teams with a broad range of perspectives, backgrounds, and skill sets are key to driving innovation, mitigating risk, and building better businesses.
Within our own operations
We believe in fostering a workplace where our employees can be their authentic selves and are recognized, developed, and rewarded based on performance, regardless of background. This philosophy is reflected across our recruiting, selection, development, and promotion processes along with the organizations that we partner with, including SEO and America Needs You.
Across the portfolio
We are also committed to building best-in-class teams within the businesses in which we invest. We work with our portfolio companies and their management teams as applicable to develop high performance cultures and to maximize their access to the best talent available.
Mitigating risk through stakeholder engagement
As operators of essential infrastructure, we recognize the importance of engaging with those stakeholders that are directly impacted by these critical assets. We know that our reputation as a partner and the continued success of our operations depend on our ability to steward these assets responsibly in the areas and communities they serve.
Mitigating risk through
stakeholder engagement
Portfolio highlights
See how our investment approach comes to life.