Methodology

For impact to be effectively delivered, it must be measured. Following our adoption of the SDGs in our investment processes and targets, we created a unique methodology for measuring and reporting impact.

This adaptable and detailed framework enables Meridiam to monitor and transparently report our performance against the SDGs across individual investments, funds and our organisation as a whole.

For impact to be effectively delivered, it must be measured. Following our adoption of the SDGs in our investment processes and targets, we created a unique methodology for measuring and reporting impact. This adaptable and detailed framework enables Meridiam to monitor and transparently report our performance against the SDGs across individual investments, funds and our organisation as a whole.

We believe that it is not enough just to measure our impact. Our methodology helps us identify the main areas of potential improvement for each asset, allowing Meridiam to develop and implement roadmaps to deliver even greater benefits. We do not look at our assets in isolation but benchmark them against their peer group and specific economic and geographic context to better track their achievements regionally and internationally. We take measurements annually and present the results in our Impact Report.

Our Investor Hub provides an advanced online tool that allows investors to view our performance and understand how it helps meet their own objectives.

Our SDG impact synthesis

Global SDG assessment and opportunities of non-financial value creation

Our impact measurement & monitoring tool

Simpl.® is Meridiam’s new Sustainability Impact Measurement Platform. The Platform tracks and monitors the impact of a project using our unique framework of assessment against Environment, Social and Governance targets and the UN Sustainable Development Goals.

The name Simpl.® comes from the purpose of the platform and its initials – Sustainability Impact Measurement Platform. It also illustrates how the platform works. It is simple by design, allowing us and our investors to easily see our progress and where we can improve performance – from the start of the project, right through to completion. The logo and identity design directly reflects the nature of the platform – it is clean, clear and contemporary. The interface is intuitive, easy to use and shows in real time the concrete impact of projects. These elements come together to create a strong and simple visual identity for a unique, innovative and practical tool – a reference in terms of impact measurement which further consolidates Meridiam’s mission and visually complements the Meridiam brand.

Enhancing our evaluation

At Meridiam, we look at our investments from different angles to ensure that they deliver against our exacting impact targets, as well as international standards. In addition to our own SDG-based impact methodology, we adopt measurements to assess our performance towards climate goals and carbon emissions.

Across our infrastructure projects and our organisation, we actively track our carbon footprint to determine the volume of emissions avoided by our actions. In addition, we have teamed up with fellow industry players to create the 2-infra challenge framework. This tool enables us to measure our portfolio’s alignment with the 2°C target adopted by 196 countries in the 2015 Paris Agreement.

Our wide-ranging and rigorous approach ensures we stick close to our development objectives and capture the positive contributions of our infrastructure projects in areas including education, energy, environment, health, social justice, urbanisation and water.

Ambitious targets

Meridiam places just as much weight on meeting ambitious social and environmental goals as achieving financial returns. As an investment manager committing capital to infrastructure investments for 25 years and longer, our alignment of interest ensures consistent quality of service for public bodies, and attractive returns for our investors over the long term.

Our team is organised and incentivised to deliver both. Individuals’ carried interest is linked equally to financial and impact-centred KPIs. And should our funds fail to meet our impact goals, then we sacrifice a portion of our overall carried interest entitlement, regardless of their financial performance. We believe that impact must be embedded in our remuneration as well as our actions.

Meridiam’s governance has evolved to be consistent with our mission. We established a Mission Committee to monitor the impact of our investments against our Five Pillars and set new targets for improvement. This Mission Committee includes Joe Clark of the Supervisory Board, Sandra Lagumina from management, Ginette Borduas from our staff and Françoise Tauzinat and Patrice Garnier who are independent members from the industry. We conduct regular audits of our operations and investments using external specialists, and report regularly on our performance towards our Sustainability Charter.

See ESG & SDG framework

For people and the planet

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