Sustainable Investment

InfraRed is a manager of the long-term infrastructure and real estate assets. Our global portfolio includes over 250 assets which support the provision of services which are essential to people’s everyday lives such as hospitals, schools, offices, retail, residential and public sector accommodation, transport infrastructure in the road and rail sectors, public utilities and the generation, storage and distribution of sustainability generated electricity.

The scale of InfraRed, in terms of the size and the number of our projects, puts us in a privileged position where our actions and conduct impacts a large number of people and the environment. With this comes an immense responsibility to act with care, consideration and integrity.

Our Sustainability Policy seeks to articulate how we discharge our responsibilities to create a positive impact beyond our commercial objectives.

A+

PRI rating

2011

became a PRI signatory

Investment process

InfraRed maintains a comprehensive sustainability management system which integrates sustainability into each stage of the investment process – from the initial assessment of an investment opportunity, during the on-going management of our portfolio and through to divestment, hand back or decommissioning of an asset.

InfraRed takes an active approach to long-term sustainable investment which is based on a foundation of robust ESG principles. We use environmental criteria to assess how effectively a company stewards the natural environment, assists with the transition to a low carbon economy and complies with relevant laws and regulations. Through a social set of standards, we evaluate the company’s approach to health & safety, labour standards and working conditions as well as the relationships it has with its stakeholders and surrounding communities. In terms of corporate governance, we look to ensure that our partners adhere to the highest standards of corporate conduct. We undertake regular studies, inspections, surveys and risk assessment to ensure this remains the case at all times.

Our processes are reviewed and refreshed periodically as part of our commitment to continuous improvement.

Prioritised SDGs

We have aligned our sustainability programme with the United Nations (UN) Sustainable Development Goals (SDGs) framework. Whilst our investments positively contribute to many of the SDGs, we have identified six SDGs which particularly resonate with our business.

By delivering our vision, InfraRed uses its resources to:

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Given our corporate values and passions, we choose to prioritise our charitable resources to:

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https://www.un.org/sustainabledevelopment/sustainable-development-goals/

PRI

InfraRed has been a signatory to the Principles for Responsible Investment (PRI) since 2011. PRI provides a voluntary framework to help institutional investors incorporate ESG matters into investment analysis, decision-making and ownership practices.

InfraRed has been reporting our corporate, infrastructure and real estate ESG activities to PRI since 2014. In the 2019 review relating to the 2018 assessment period, InfraRed achieved the highest possible rating of “A+” under the PRI scoring system for its strategy and governance, real estate and infrastructure businesses. InfraRed has attained a rating of “A+” for its infrastructure business for five consecutive years, demonstrating our longstanding commitment to sustainable investment.

InfraRed’s 2019 PRI Responsible Investment Transparency Report and InfraRed’s 2019 Assessment Report by PRI are available to view on the right.

 

Our carbon footprint

In the 2019 calendar year, InfraRed emitted 2,059 tonnes of CO2e or 10.6 tonnes of CO2per InfraRed staff (based on 2019 FTE). This reflects the direct and indirect emissions (Scopes 1, 2 and 3) of our global offices, which have been quantified in accordance with The CarbonNeutral Protocol through Natural Capital Partners.

Business travel, which includes travel by air, rail, car and public transport as well as hotel accommodation, is our largest source of emissions, accounting for 87% of our total carbon emissions in 2019. Whilst travelling is important to keep us connected with our stakeholders and enable us to actively manage our investments, we are looking at ways to reduce carbon emissions from business travel. Following our experiences in 2020, we will encourage our staff to embrace technology as an alternative to travelling where possible.

InfraRed will acquire carbon credits from accredited emission reduction projects, which align with our prioritised Sustainable Development Goals (SDGs), to offset our actual emissions in 2019 and our forecasted emissions in 2020 (this will be reconciled at the end of the year to ensure we offset our actual emissions in 2020).

Moving forward, InfraRed will continue to quantify, reduce and offset our future emissions as part of our overall commitment to minimise our corporate carbon footprint.

Sustainable Invesment case studies