Risk and Governance
Zortrax Agribusiness Fund can only achieve our goals and expect our fundees to adopt sustainable practices by demonstrating robustness in our own processes and procedures. Our key governance committees are set out below:
Board and funding Committees
This board is responsible for decisions including credit and investment approvals made by the Board and funding Committee subject to agreed delegated authorities to committees and management. Zortrax Agribusiness Fund has instituted a Remuneration Committee and a Board-approved Remuneration Policy and Procedure.
Executive Committee
The committee is responsible for the management of the business, and includes the sub-committee for Portfolio Management.
Funding Teams
Based in-country and in London the funding team is responsible for investment identification, appraisal, monitoring and evaluation, with support from corporate teams as appropriate.
Commercial Agriculture Team
As far as possible located in Africa with advisers having a dual reporting responsibility to both the Commercial Agriculture Director and the relevant Country Director.
Corporate Teams
Including finance, legal and portfolio functions led from London, working closely with Country offices.
Risk Management Approach
We analyze the risk profile of each investment we undertake as part of the due diligence process, and monitor each investee’s financial and impact performance on an ongoing basis. All investments are subject to a quarterly review by the Portfolio Management sub-Committee, and the Audit and Risk Committee meets quarterly to review the Risk Register and performance.
Business Integrity
Zortrax Agribusiness Fund has zero-tolerance of all illegal activities (including but not limited to bribery and corruption, money laundering and tax evasion and of any forms of sexual, physical or psychological harassment, abuse or exploitation. Our Code of Conduct applies to all Zortrax staff and contractors.
Zortrax Agribusiness Fund has a policy and operational management framework designed to address the safeguarding requirements of its funders, this includes aspects of our HR policies and procedures and our Code of Conduct.
Board and funding Committees
This board is responsible for decisions including credit and investment approvals made by the Board and funding Committee subject to agreed delegated authorities to committees and management. Zortrax Agribusiness Fund has instituted a Remuneration Committee and a Board-approved Remuneration Policy and Procedure.
Executive Committee
The committee is responsible for the management of the business, and includes the sub-committee for Portfolio Management.
Funding Teams
Based in-country and in London the funding team is responsible for investment identification, appraisal, monitoring and evaluation, with support from corporate teams as appropriate.
Commercial Agriculture Team
As far as possible located in Africa with advisers having a dual reporting responsibility to both the Commercial Agriculture Director and the relevant Country Director.
Corporate Teams
Including finance, legal and portfolio functions led from London, working closely with Country offices.
Risk Management Approach
We analyze the risk profile of each investment we undertake as part of the due diligence process, and monitor each investee’s financial and impact performance on an ongoing basis. All investments are subject to a quarterly review by the Portfolio Management sub-Committee, and the Audit and Risk Committee meets quarterly to review the Risk Register and performance.
Business Integrity
Zortrax Agribusiness Fund has zero-tolerance of all illegal activities (including but not limited to bribery and corruption, money laundering and tax evasion and of any forms of sexual, physical or psychological harassment, abuse or exploitation. Our Code of Conduct applies to all Zortrax staff and contractors.
Zortrax Agribusiness Fund has a policy and operational management framework designed to address the safeguarding requirements of its funders, this includes aspects of our HR policies and procedures and our Code of Conduct.
