Whitehelm Capital

About Whitehelm Responsible Investing

Whitehelm Capital is dedicated to conducting in accordance with the highest legal, ethical and professional standards in our business and in accordance with the Whitehelm Professional Conduct Policy.

Whitehelm strives to achieve best practice among fund managers, in particular in the areas of governance, investor disclosure, valuation procedures and risk management. To this end we have conformed to the best practice standards as outlined by the Australian Prudential Regulatory Authority (APRA) and the Investment and Financial Services Association Blue Book (a Corporate Governance guide for Fund Managers and Corporations).

Whitehelm is committed to:

  • compliance with applicable national, state, and local labour laws in the countries in which we invest;
  • supporting the payment of competitive wages and benefits to employees;
  • providing a safe and healthy workplace in conformance with national and local law; and,
  • compliance with applicable law, respecting the rights of employees to decide whether or not to join a union and engage in collective bargaining.

Whitehelm maintains strict policies that prohibit bribery and other improper payments to public officials consistent with Australian laws, including the Criminal Code Amendment (Bribery of Foreign Public Officials) Act 1999 (Cth), and similar laws in other countries including the UK Bribery Act 2010, the U.S. Foreign Corrupt Practices Act, and the OECD Anti-Bribery Convention.

Whitehelm recognises the importance of environmental, social and governance (ESG) issues and considers them when evaluating new investments and in managing our investors’ assets.

Whitehelm respects the human rights of those who may be affected by our investment activities and seeks, prior to making an investment, to confirm that investments made on behalf of our investors do not flow to companies that utilise child or forced labour or maintain discriminatory policies or practices.

Whitehelm is committed to operate ourselves and to endeavour that our assets or portfolio companies operate in accordance with the UN Global Compact’s 10 Principles.

Whitehelm is committed to operate in compliance with the International Finance Corporation (IFC) Performance Standards and the relevant Environmental, Health and Safety (EHS) guidelines applicable to our sector and ascribes to the principles of the United Nations Principles for Responsible Investing (UNPRI).

Whitehelm provides timely information to our investors on the matters addressed herein, and works to foster transparency about our activities.

Whitehelm encourages its portfolio companies and assets to apply these same principles in a way which is consistent with their fiduciary duties.