Glennmont

 

Alternative energy investment. Absolute returns.

Our ESG

We believe that applying strict ESG principles will create long term value for our investors

ESG in the Investment Process

ESG has always been critical to Glennmont Partners’ ambitions. We consider it throughout our investment, asset management and divestment processes, and believe it to be crucial for delivering long-term sustainable value.

  • During the pre-investment evaluation stage full environmental regulatory compliance assessments are performed. Examples of recent Non-Technical Summaries of Environmental Impact Assessment (“NTS EIA”) in relation to recent investments are listed below.
  • Post investment Glenmont actively manages for ESG setting and monitoring Health and Safety standards and continuously manage the impact our operations on the environment. The positive impact on the environment and the reduction of carbon emission are measured and reported. Glennmont is also committed to the central role of its renewable energy assets as an active member of local communities.

 

Our 2018 ESG Report

In order to advance our ESG activities, Glennmont has introduced a new design for our annual ESG report, expanding the content considerably. We will be reporting on a host of KPIs in a an ESG context and our report now contains information such as clean energy produced, water usage, and total community funding.

To further advance our ESG initiatives, Glennmont has begun mapping our ESG activities against the UN (“UN”) Sustainable Development Goals (“SDGs”). We have selected four goals that we will be reporting on annually: Goal 7, Affordable and Clean Energy; Goal 8, Decent Work and Economic Growth; Goal 12, Responsible Consumption and Production; and Goal 13, Climate Action. Our full report is available here.

 

ESG Policy

Glennmont maintains an ESG policy – read more

 

UNPRI Reports and EIAs

Glenmont’s engagement to ESG is also illustrated by us being a signatory, as an investment manager, to the United Nations Principles for Responsible Investment (PRI). Glennmont implements the Principles in our business model on a daily basis, and takes part in its annual assessment process:

  1. PRI 2015 Assessment report – read more
  2. PRI 2015 Transparency report – read more
  3. PRI 2016 Assessment report – read more
  4. PRI 2016 Transparency report – read more
  5. PRI 2017 Assessment report – read more
  6. PRI 2017 Transparency report – read more
  7. PRI 2018 Assessment report – read more
  8. PRI 2018 Transparency report – read more

The following is a sample of the environmental due diligence performed by Glennmont as part of its investment process:

  1. Portuguese Solar PV2  – Non Technical Summary Environmental Impact Assessment – read more
  2. French Wind 4 — Non Technical Summary Environmental Impact Assessment – read more
  3. French Wind 5 — Non Technical Summary Environmental Impact Assessment – read more
  4. French Wind 6 — Non Technical Summary Environmental Impact Assessment – read more
  5. Margam Green Energy Plant  — Non Technical Summary Environmental Impact Assessment – read more
  6. Biomass UK Power Plant 2 — Non Technical Summary Environmental Impact Assessment – read more
  7. Italy Wind 1 — Non Technical Summary Environmental Impact Assessment – read more
  8. French Wind 7 — Non Technical Summary Environmental Impact Assessment – read more
  9. Italian Wind 3 — Non Technical Summary Environmental Impact Assessment – read more
  10. Italian Wind 4 — Non Technical Summary Environmental Impact Assessment – read more
  11. French Wind 8 — Non Technical Summary Environmental Impact Assessment – read more

Membership organisations

ADE IIGCC PRI REA