Minimum standard - Diversity

Request our 2022 ESG report

MINIMUM STANDARD #3

Diversity

We recognise the importance and benefits of a diverse and inclusive workplace. We ask our portfolio companies, who employ over 18,000 globally, to define clear priorities for increasing diversity and to report progress at least annually.

Since 2020 we have aimed to increase female representation in the traditionally male-dominated industries that most of our portfolio companies operate in. Female representation on portfolio company boards and senior management teams has increased significantly, reaching 21% and 23% respectively in 2022. We will continue to engage on this topic with the aim of reaching our long-term goal of 30%.

ESG in action

We have aimed to increase female representation by:

Targeting a minimum of 30% female representation on boards and senior management teams
Aiming to consider an equal number of female and male candidates for all open board and senior management roles during the recruitment process.

Increasing female representation in portfolio companies

CASE STUDY

Tuatahi First Fibre
Inclusive corporate values put into action

Tuatahi First Fibre operates the second largest fibre-to-the-premises broadband network in New Zealand, employing just over 200 people with a network spanning 3,500km.

Tuatahi First Fibre made Diversity, Equity, and Inclusion (DEI) a key priority in 2022. A new set of company values was developed through workshops with a diverse group of staff and rolled out across the company.

Installing fibre to Māori land

Tuatahi First Fibre put its values into action when it worked with local Māori communities to provide fibre access in underserved areas. In 2022, Tuatahi First Fibre worked with a Bay of Plenty community to install fibre to 48 houses, two business premises, and the local marae (cultural meeting area) on Papakainga (ancestral Māori land).

This case study has been chosen as an illustrative example of the work undertaken across our portfolio companies. Improving diversity initiatives are being actively implemented across all companies in our portfolio and we would be happy to provide further information on these upon request. Data source: portfolio companies and Igneo analysis.

Minimum standard 1

Health & Safety

Our portfolio companies employ over 18,000 people and many more as contractors.

Minimum standard 2

Climate change

As long-term term infrastructure investors, it is vital that we manage the risks and opportunities presented by climate change and the energy transition.