Phi aims to be a good corporate citizen, a responsible investor and an employer. Valuing ESG considerations is a key input into Phi’s broader approach to responsible investing. The Fund believes that sustainable private sector development requires responsible business management of ESG matters.
Given its long-term investment horizon and active operational involvement, Phi is particularly suited to implement ESG considerations in its investee companies.
The Code of Responsible Investing of Phi will ensure ESG analysis and management are aligned with the other investment processes such as commercial, financial and legal due diligence and portfolio companies’ oversight.
Phi promotes adherence to these principles and monitors adherence in each portfolio company. Phi has adopted a comprehensive Environment Social and Management System and has commenced implementing the same at the fund level and in PCGF-1.6’s portfolio companies.
