Responsible investment in the portfolio
Many of Actis’ energy investments are wholly owned platforms. We are thus able to ensure there is a Head of ESG is appointed at the platform level and to establish an ESG sub-committee to the Board. We periodically host meetings for portfolio company ESG managers globally to share best practice and discuss commonalities.
Responsible investing is fully integrated into Actis’ Real Estate investment strategy. It’s our policy to develop A-grade assets of institutional quality that benefit employees, communities and markets in which we operate. Our ‘green by design’ approach delivered the first LEED* certified retail mall in East Africa, the first commercial building in Nigeria to achieve LEED certification in both design and construction, and the first green-rated building in Ghana.
*Leadership in Energy and Environmental Design
In the high growth markets in which Actis operates, ESG factors can have a material impact on our companies. Systematic consideration of ESG matters is necessary for us to fulfil our fiduciary duty; our Responsible Investment team therefore plays a key role, actively helping to build successful, profitable and resilient businesses.
Whilst value drivers across our private equity portfolio are often sector specific, business integrity and corporate governance are common to all. We use a portfolio-wide business integrity toolkit and Corporate Governance Tracker to measure performance in these key areas, supplemented by sector and investment-specific plans to drive ESG performance improvements.