ESG compliance. The Company shall use commercially reasonable efforts to comply with applicable environmental, social and governance (“ESG”) laws and regulations and shall foresee any known or expected future changes in the requirements and take all reasonable actions to ensure compliance. At Altair International we define ESG as the consideration of environmental, social and governance factors alongside financial factors in the investment decision-making process.
The Company shall respond diligently to requests of information ESG matters received from the Investors. In case any ESG incident occurs, the Company shall proactively inform the public markets as soon as practicable.
Investors may consider a number of different ESG factors, metrics and data when looking to adopt an ESG investing strategy or apply ESG across a portfolio. These factors typically include industry-specific key issues such as climate change, human capital and labor management, corporate governance, gender diversity, privacy and data security, among others. A mining company and a financial company, for example, may be faced with different key ESG risks and opportunities and therefore evaluated on the key issues specific to their respective industries.