3i Group PLC

The Board of Directors as a whole is responsible for sustainability, directly and through its Committees within their specific remits. It has adopted and promotes corporate values and Group standards which set out the behaviour expected of all employees in their dealings with shareholders, other investors, existing and potential portfolio companies, colleagues, suppliers and others who engage with 3i. [...] The Board of Directors is responsible for the oversight of the Group's sustainability approach and policies, including the Responsible Investment policy. It delegates day-to-day accountability for sustainability to executive management and, in particular, the Chief Executive. [...] The Chief Executive has established a number of committees to support him in overseeing and monitoring policies and procedures and to address issues if they arise, including an ESG Committee, which assists and advises the Chief Executive, directly and through the Investment and Group Risk Committees, on all relevant environmental, social and governance risks and matters, including developing and proposing the Group's ESG approach. This Committee, which had been operating for some time as an advisory steering committee and was established as a formal committee of the Chief Executive in March 2022, co-ordinates the Group's various sustainability activities, including the management of ESG risks and opportunities across the portfolio. [...] Lobbying must only be undertaken with the prior approval of a member of the Executive Committee and in a manner that is lawful and adheres to 3i's values.

The Board of Directors as a whole is responsible for sustainability, directly and through its Committees within their specific remits. It has adopted and promotes corporate values and Group standards which set out the behaviour expected of all employees in their dealings with shareholders, other investors, existing and potential portfolio companies, colleagues, suppliers and others who engage with 3i. [...] The Board of Directors is responsible for the oversight of the Group's sustainability approach and policies, including the Responsible Investment policy. It delegates day-to-day accountability for sustainability to executive management and, in particular, the Chief Executive. [...] The Chief Executive has established a number of committees to support him in overseeing and monitoring policies and procedures and to address issues if they arise, including an ESG Committee, which assists and advises the Chief Executive, directly and through the Investment and Group Risk Committees, on all relevant environmental, social and governance risks and matters, including developing and proposing the Group's ESG approach. This Committee, which had been operating for some time as an advisory steering committee and was established as a formal committee of the Chief Executive in March 2022, co-ordinates the Group's various sustainability activities, including the management of ESG risks and opportunities across the portfolio. [...] Lobbying must only be undertaken with the prior approval of a member of the Executive Committee and in a manner that is lawful and adheres to 3i's values.

The Board as a whole is responsible for the approval of the Group's approach in relation to ESG matters (including climate-related matters) and has oversight of the Group's sustainability strategy, approach and policies, including our Responsible Investment policy. It is assisted by the Audit and Compliance Committee in the review and consideration of any disclosures related to ESG matters, including climate-related disclosures. [...] The management of climate-related risks and opportunities is integral to our processes and operations, including our investment and portfolio management activities, with oversight by the Board and delegated authority to the Chief Executive. In determining 3i's strategy and approach to climate change, both the Board and the Chief Executive, assisted by a number of committees, take into account the laws and regulations of the countries in which 3i and its portfolio companies operate, as well as the perspectives of relevant stakeholders, such as those identified on pages 112 and 113. [...] The ESG Committee focuses on three main areas: - reporting to the Chief Executive (directly and through the Group Risk Committee and Investment Committee) on relevant ESG matters, including climate-related risks and opportunities, and developing and reviewing policies, processes and strategies to manage ESG risks and opportunities for the Group and its investment activities; - developing and recommending to the Chief Executive the Group's ESG approach (including a climate strategy) for review by the Board; and - coordinating and facilitating ESG-related activities and initiatives across the Group. The Committee considers relevant legal and regulatory requirements and industry standards, as well as best market practice, and monitors progress against its agenda. [...] The Investment Committee ensures that material ESG matters, including relevant climate-related risks and opportunities, are properly identified, assessed and managed in the course of our investment, divestment and portfolio management activities. [...] The Group Risk Committee identifies the principal risks and new and emerging risks, including climate-related risks, facing 3i, as well as the associated mitigating actions and key risk indicators. This committee also maintains oversight of the Responsible Investment policy and considers and approves amendments to this policy as required, taking into account legal, regulatory and market developments regarding climate change.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Our engagement in relation to climate change policies, law and regulations is limited to providing input to industry association submissions and consultations when this opportunity is given by the policy makers.

Describe the process(es) your organization has in place to ensure that your external engagement activities are consistent with your climate commitments and/or climate transition plan?[…]Our engagement in relation to climate change policies, law and regulations is limited to providing input to industry association submissions and consultations when this opportunity is given by policy makers. On occasion, we make direct submissions to public consultations, where warranted.