ANTIN // 2021 Universal Registration Document
SUSTAINABILITY 4 Responsible company approach
4.4.3 Protecting and preserving biodiversity Description Biodiversity and business have a symbiotic relationship, and Antin recognises the need topreserveandmaintainbiodiversity toensure a sustainable future for its assets and the world at-large. Risks and opportunities Antin’s businesses rely on the services provided by healthy and sustainable ecosystems. The prevention of floods, erosion, and other adverse natural phenomena; maintenance of air, water, and soil quality; and, more indirectly, the provision of water and food, are key to maintaining sustainable activities. As such, Antin has worked to consider how to best mitigate the biodiversity risks it may be exposed to, as well as how to contribute to biodiversity opportunities it could help ameliorate. Policy and strategy Antin has implemented several mitigation measures to address biodiversity risks and will work to formalise additional actions going forward. At corporate level While its corporate-level activities do not have a material impact on biodiversity, Antin is aware of how it can reduce its indirect impact by, for example, sorting and recycling waste, implementing circular modes of consumption in offices, establishing a travel policy, and contributing to ecosystem restoration by financing a tree planting project in Uganda. At portfolio level As an infrastructure investor, Antin understands that its biggest biodiversity-related impacts lie within its portfolio. As such, biodiversity-adjacent risks such as air, water, and soil pollution; waste management; and impact on local ecosystems are reviewed as part of the ESG materiality assessment performed for all portfolio companies post-closing. If biodiversity risks are found to be highly material for a new portfolio company, Antin performs an in-depth review of the policies and procedures it has in place to address biodiversity related risks and opportunities, and/or reduce the biodiversity impacts associated with its business activities. The results of this review are then used to identify key areas of progress within the portfolio company, and to establish a mitigation roadmap. Furthermore, starting in 2022, Antin’s annual ESG survey will include biodiversity-related questions and KPIs for all portfolio companies to better assess the portfol io’s exposure to biodiversity-sensitive areas. Performance Several portfolio companies have undertaken individual biodiversity efforts both operationally and philanthropically, achieving successful resul ts. For example, Roadchef has managed to divert 100% of its waste from landfill by implement ing recycl ing systems and reverse vending machines across locations, and Eurofiber established a recycling and refurbishment policy for used equipment to create circular product patterns. In terms of charitable events, Miya spearheaded a beach cleaning day for employees on international coast cleaning day. As part of its continuous improvement approach, Antin is currently working on the definition and calculation of quantitative biodiversity-related metrics, which it expects to publish starting next year.
4.4.4 Promoting employee
wellbeing and satisfaction, diversity, equity and inclusion, and career development across operations
Description Antin views its people as its most important asset. Ensuring employee wellbeing, satisfaction and development, along with workplace diversity, equity and inclusion (DEI), are vital to Antin's innovativeness, competitiveness, and success, both today and in the future. Risks and opportunities Labour relations Building and maintaining positive relationships with employees is essential for Antin to mitigate the potential for employment disputes, which could lead to costly employment lawsuits, disruptive actions, and reputational damage. Employee wellbeing and satisfaction Creating an honest and fulfilling work environment is key to guaranteeing employee engagement and motivation, and, as a result, employee attraction and retention. Failure to ensure employee wellbeing and satisfaction could weaken talent, decrease productivity and innovation, and damage stakeholder trust. Employee training and development Training and development are essential to ensuring that employees have the relevant knowledge and skills to perform their work. It is also an effective means to improve employee morale and satisfaction and boost productivity. Failure to provide adequate training and development could have negative reputational impacts, impinge upon employee motivation and productivity, and reduce innovation and competitiveness. Diversity, equity, and inclusion Fostering a diverse and inclusive workplace helps stimulate innovation and creativity, informs better decision-making, and, ultimately, leads to improved business outcomes. Antin also affirms that, in the infrastructure sector, a broad set of skills and a diverse mix of cultural backgrounds are essential for creating access to and building trust with local participants in country specific markets. Failure to ensure DEI in the working environment and in the recruitment pipeline could lead to loss of talent, negative reputational impacts, decreased productivity and innovation, and weakened stakeholder trust. Policy and strategy Context The year 2021 saw an unprecedented increase in recruitment given new developments in Antin’s business. Antin went public on the Euronext Paris stock exchange and launched new fund strategies, including the NextGen Infrastructure investment initiative. To meet evolving needs, the investment team as well as support functions grew significantly across all levels. Antin expects that this uptick will taper off in 2022 as sufficient levels of talent are achieved.
98 ANTIN INFRASTRUCTURE PARTNERS S.A. - UNIVERSAL REGISTRATION DOCUMENT 2021
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