ICG has been a publicly listed company since 1994 and is a constituent of the FTSE 100. We seek to promote the highest standards of corporate governance throughout our activities and culture to act in the best interests of our stakeholders.
The Board comprises three Executive Directors, a Non-Executive Chair, and seven Non-Executive Directors (all of whom are independent) who have a broad and diverse set of skills and experience
ICG has had a Responsible Investing Committee since 2014, made up of our Global Head of Sustainability & ESG, Head of Investment Office, and senior investment professionals from across ICG’s investment strategies.
The Committee promotes, supports, and helps to integrate responsible and sustainable business practices across ICG’s investment strategies and the businesses in which we invest, in line with our Responsible Investing (RI) Policy and Framework. The Committee is also responsible for ensuring that ICG’s investment teams have the required skills and understanding to effectively identify ESG risks and opportunities and engage with relevant company management in our portfolio companies on ESG matters.
The Board comprises three Executive Directors, a Non-Executive Chair, and seven Non-Executive Directors (all of whom are independent) who have a broad and diverse set of skills and experience.
The ICG Board is strongly engaged in our focus on stewardship and ESG, regularly receiving reports on client considerations, client experience, investment performance and ESG matters. We have a Non- Executive Director responsible for ESG matters and another Non-Executive Director with a specific responsibility for employee engagement.
The Board receives formal updates on ESG-related matters at least twice every financial year and receives annual updates on progress. In addition, the Board also considers ESG risk, as relevant, when reviewing the annual strategy and business plans over the short, medium, and long term. The Board has delegated responsibility for the implementation of the Responsible Investing Policy to the Executive Directors. As part of the Board, the Executive Directors review and guide any decisions made regarding investment strategies, including the Responsible Investing Policy and the Climate Change Policy, as well as any arising or potential climate- related issues.
The Board Risk Committee oversees the Group’s comprehensive risk governance framework and compliance processes and procedures to ensure that all risks, including ESG and climate-related risks, are identified, managed, and monitored and that the Group is compliant with all applicable legislation.
ICG’s eight established principal risks incorporate or consider a variety of factors that cut across them, including ESG. Further information on our approach to managing risk can be found in our Annual Report.
