Global Infrastructure Partners’ Position on the Walker Guidelines for Disclosure and Transparency
Global Infrastructure Partners (GIP) fully supports the “Walker Guidelines for Disclosure and Transparency in Private Equity” and its goals of consistent and comprehensive disclosure and transparency for companies doing business in the United Kingdom.
To learn more about GIP’s Walker Guidelines compliance and support, its Walker qualifying portfolio companies and the geography and classification of its investors, please click here.
Global Infrastructure Partners’ Position on the UK Modern Slavery Act 2015
Global Infrastructure Partners’ (GIP) subsidiary, Global Infrastructure Management LLP (“GIM UK”), provides sub-advisory services for the management of the GIP funds. To learn more about the steps that GIP UK takes to identify and mitigate the risk of modern slavery and human trafficking in our organization and supply chain, please click here.
In accordance with the Sustainable Finance Disclosure Regulations (Regulation (EU) 2019/2088) (the “SFDR”), Global Infrastructure Management, LLC (“GIP”) is required to provide transparency on how it integrates sustainability risks into the investment process. Sustainability risks, as defined under the SFDR, are environmental, social and governance events or conditions whose occurrence could have an actual or potential principal adverse impact on the value of an investment.
GIP considers environmental, health, safety, labor, social, corporate governance and business integrity considerations to be crucial to its investment process. GIP’s ESG approach is results focused, and GIP seeks to, where feasible, integrate and manage ESG considerations throughout the life cycle of an investment, with the goal of enhancing long-term value and delivering tangible improvements. Examples include:
- leveraging its team of ESG experts and ESG Committee;
- incorporating ESG factors early on in the investment process, particularly as GIP assesses (a) the uncertainties and opportunities surrounding the climate change and energy transition and (b) how ESG improvements can enhance long-term value;
- managing risks and value creation opportunities while an asset is under management, including by setting and delivering tailored ESG and decarbonization targets;
- preparing assets for exit, maximizing value and setting out ESG credentials for future investors; and
- incorporating industry leading practices into its overall approach, including training, reporting and risk management.
GIP does not currently intend to publish a statement on its consideration of the adverse impacts of its investment decisions on sustainability factors, in respect of all its portfolios across all its funds, in the manner set out in Article 4 of the SFDR. This is because it cannot currently obtain sufficient data from portfolio companies and issuers in relation to all the sustainability factors in the manner set out in the final regulatory technical standards on disclosures under the SFDR in Regulation (EU) 2022/1288. However, in relation to certain of its future funds, GIP intends to obtain data in relation to principal adverse impacts from portfolio companies, where practicable and relevant, and make available related information to investors.
As of September 2022