Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity and Equal Opportunity
• Health and Safety
• Human Rights and Labour Standards

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRESB, TCFD, UNGC, UN PRI, UK Stewardship Code

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity, Equity & Inclusion
• Governance
• Human Rights
• Stakeholder Engagement
• Circular Economy
• Biodiversity

Environmental Achievements

• Portus switched all energy procurement to renewable energy consumption.
• Constellation installed 6.7MWp of rooftop solar PV capacity, more than doubling its renewable on-site generation capacity.
• Momentum increased its renewable generation capacity by 33 MW.
• Alpha Trains committed to a science-based net zero target, approved by SBTi, to reduce scope 1 and 2 GHG emissions by 42% by 2030 and reach net zero by 2050.
• Arcus’ scope 1, 2 and material scope 3 carbon emissions were 363 tonnes of CO2e in 2023 (offset).

Social Achievements

• Improved team gender balance to 44% female (from 40% in 2022).
• Implemented improved Diversity, Equity & Inclusion policy in recruitment.
• Hosted a diversity workshop.
• Formed a social committee to shape the Arcus social calendar.
• €32,000 spent on staff training.
• Delivered fourth annual social mobility programme.
• Delivered first formal summer internship programme.

Governance Achievements

• Arcus ESG Committee met quarterly to assess strategy and discuss improvements.
• Updated ESG policy in December 2023.
• Arcus European Trains named Sector Leader in GRESB Infrastructure Fund and Rail Companies categories.
• Continued participation in GRESB, UNPRI, UNGC, TCFD, UK Stewardship Code, and iCI.

Climate Goals & Targets

Environmental Challenges

• Data gaps in Scope 3 emissions reporting.
• Inconsistent ESG data collection methodologies across investee companies (historically).
• Establishing group-level governance structures for newly created platforms.
• Managing climate-related risks and opportunities across a diverse portfolio.

Mitigation Strategies

• Engaged ERM to enhance GHG reporting and ensure alignment with GHG protocol standards.
• Developed standardised data templates and calculation methodologies.
• Established group-level governance structures and shared policies for Constellation, Portus, and Officium.
• Conducted scenario analysis (physical and transition) with ERM to assess climate-related risks and opportunities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Investment in on-site renewable energy generation

Reporting Standards

Frameworks Used: GRI, GRESB, TCFD, UNGC, SFDR, EU Taxonomy

Certifications: ISO 9001 (80% of portfolio), ISO 14001 (53% of portfolio), ISO 45001 (40% of portfolio), BREEAM (some assets)

Third-party Assurance: DNV (EU Taxonomy for SMA and Horizon)

UN Sustainable Development Goals

• SDG 7
• SDG 9
• SDG 11
• SDG 13

Investments in energy transition, decarbonisation of transportation, digitisation of society, and circular economy.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• GRESB Sector Leader Awards (Alpha Trains)
• BVCA Responsible Investment Award (2019)
• SWEN ESG Best Practice Honours Award (2021)
• HappyIndex ®AtWork label (TDF)

Environmental Metrics

ESG Focus Areas

• Climate change adaptation
• Climate change mitigation and Net Zero targets
• Biodiversity
• Air, land, and water pollution
• Energy consumption
• Greenhouse gas emissions
• Responsible use of resources
• Human capital development
• Diversity, Equity & Inclusion (DEI)
• Health and safety
• Human rights
• Stakeholder engagement
• Community engagement
• Objectives and remuneration
• Responsible tax management
• Business integrity
• Risk management
• Bribery and corruption
• Whistleblowing
• Corporate governance
• Information security
• Conflicts of interest

Environmental Achievements

• Annual reporting and offsetting of all material GHG emissions of corporate activity
• Commitment to a net zero target by 2050

Social Achievements

• Annual budget allocated for Arcus team members to engage in technical and personal development training
• Annual training for all Members and Employees covering ESG issues
• Annual employee engagement survey incorporating ESG related questions

Governance Achievements

• Appointment of an Ethics Committee responsible for oversight of conduct of all Members and Employees
• Implementation of a proprietary Enterprise Risk Management (ERM) framework
• Zero-tolerance approach to bribery and corruption

Climate Goals & Targets

Environmental Challenges

• Managing climate change risks and opportunities for investee companies
• Reducing GHG emissions across all scopes
• Minimising adverse impacts on biodiversity
• Ensuring responsible use of resources
• Managing health and safety risks
• Addressing human rights concerns
• Effectively managing conflicts of interest

Mitigation Strategies

• Annual monitoring and review of climate change risks and opportunities
• Setting science-aligned targets and establishing a decarbonisation roadmap
• Compliance with local biodiversity legislation and minimizing adverse impacts
• Encouraging energy efficiency and procurement of renewable energy
• Maintaining a dedicated Health and Safety Policy
• Commitment to the UN Global Compact principles
• Documented processes for identifying, managing, monitoring and disclosing conflicts of interest

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UNPRI, UN Global Compact, UK Stewardship Code, TCFD, GRESB, SFDR, CSRD

UN Sustainable Development Goals

• SDG 9
• SDG 13

Alignment with investment strategy focused on infrastructure and decarbonization