Ms Cliona Sharkey:

Having spoken to Deputy Thomas Pringle and people who have worked on these issues internationally, there is an understanding it is often the case that certain ESG, environmental, social and corporate governance, criteria would not necessarily apply to small and medium-sized enterprises and that whatever application normally applies could also be used in the case of the Fossil Fuel Divestment Bill. Importantly, the passage of the Bill will send a signal to the companies in question that to survive and thrive, they will have to transition. The ISIF can be a support in that regard, whether as an immediate or back investor.