Atlas Arteria, the corporate entity responsible for day-to-day mangement and administration is committed to strong corporate governance, environmental and social responsibility. This approach is governed by ALX's ESG Framework and related policies.
It adopts a rigorous risk management framework which incorporates active management and monitoring of a broad range of risks, including environmental and social risks. It is also guided by the International Finance Cooperation's (IFC) Environmental and Social Performance Standards and Environmental, Health and Safety Guidelines.
Existing portfolio companies
Each of our portfolio companies is responsible for adopting and maintaining its own environmental and social risk management framework that adequately ensures compliance with the relevant regulation and standards for environmental and social responsibility (ESR) matters in the country and industry in which the business operates.
Our ability to control or influence the ongoing management of ESR issues will differ for each business based on the extent of control/governance rights at each asset through the level of ownership influence, board representation and regulatory environment governing each business.
At APRR (including ADELAC), ALX has a non-controlling interest and accordingly ALX-appoints board representatives to promote and support the implementation of good ESR practices to the extent that they are able to under the co-ownership arrangements.
Regular reporting from each portfolio company to ALX assists in monitoring compliance with ESR requirements and in the identification of ESG issues across ALX’s portfolio. The ESR performance of each portfolio company is reported to the ALX boards regularly, with major environmental and social incidents reportable within 48 hours of occurrence.
ESR risks and opportunities are central considerations in ALX's evaluation of new investments. ALX aims to invest in portfolio companies that regard environmental and social issues as a high priority and we are committed to complying with all regulations and engaging responsibly with the community.
Accordingly, all potential investments are screened for environmental and social risks, including safety and climate change. ESR risks are included as part of the independent due diligence performed and included in any investment proposal presented to the ALX boards for consideration.
In addition to our own processes and policies, new infrastructure projects/extensions are often subject to extensive social and environmental impact reviews by governments before being given the approval to proceed.
Approach to Sustainability
We are committed to strong corporate governance and environmental and social responsibility. This approach is governed by ALX's ESG Framework and related policies.
We adopt a rigorous risk management framework, which incorporates active management and monitoring of a broad range of risks, including environmental and social risks. It is also guided by to the International Finance Corporation's (IFC) Environmental and Social Performance Standards and Environmental, Health and Safety Guidelines.