< PreviousCFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020 TÉLÉCHARGEZ LA FICHE CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020 ÉQUIPE ESG TIKEHAU CAPITAL EXPERTISES 32 RUE DE MONCEAU 75008 PARIS www.tikehaucapital.com SIGNATAIRE DES PRI : OUI (2014) DUE DILIGENCES ESG LORS DE LA PHASE D’INVESTISSEMENT ACCOMPAGNEMENT ESG DES PARTICIPATIONS DESCRIPTION QUALITATIVE DE LA STRATÉGIE ESG La politique ESG est prise en considération, au même titre que d’autres indicateurs économiques, financiers ou opérationnels, dans les analysées menées par les équipes. Chaque investissement fait l’objet d’une analyse ESG qui est examinée par le comité d’investissement. Pour déterminer la performance des entreprises étudiées, les équipes disposent de grilles d’analyse fonctionnant sur la base de critères qualitatifs. Ces grilles ont été établies selon une philosophie commune au groupe, mais adaptées à chaque métier afin de répondre aux spécificités éventuelles du secteur. Certains critères d’exclusion géographiques, sectoriels ou liés à des pratiques s’appliquent à toutes les activités. Des évaluations annuelles des participations sont réalisées sur la base d’une grille d’analyse ESG rigoureuse. Certaines entreprises font l’objet d’une analyse d’impact post-investissement permettant de faire ressortir les points d’amélioration ainsi que les avantages compétitifs liés aux critères ESG. Tikehau Capital est depuis longtemps convaincu que les entreprises durables ont un potentiel de croissance et doivent être financées. Les critères liés à la gouvernance et aux aspects sociaux ont toujours tenu une place essentielle dans les analyses réalisées par les équipes de Tikehau Capital pour évaluer la santé économique des entreprises et leurs perspectives. Un comité ESG composé de différents représentants seniors de l’organisation pilote, anime et intègre la stratégie ESG à tous les niveaux de l’organisation. La responsable ESG conduit des actions proactives de sensibilisation des équipes afin que la démarche reste intégrée à travers les expertises du Groupe. Le lancement d’un fonds dédié à la transition énergétique en 2018,la labellisation ESG de 8 fonds de Tikehau Investment Management et l’obtention de la note la plus élevée A+ des PRI traduit la forte implication de Tikehau Capital en matière d’investissement durable et sa volonté d’intégrer pleinement les considérations ESG dans toutes ses activités. Dette privée Immobilier Investissement en capital Stratégies liquides (gestion obligataire/diversifiée et actions) ACTIFS SOUS GESTION 22,4 Md€ au 31/03/2018 Contact : lvillepelet @tikehaucapital.com Tél. : +33 (0)1 40 06 26 24 Contact : grenard @tikehaucapital.com Tél. : +33 (0)1 53 59 05 00 Contact : bdepampelonne @tikehaucapital.com Tél. : +65 6718 2102 Laure VILLEPELET Responsable ESG/RSE Tikehau Capital. Geoffroy RENARD Secrétaire Général, Tikehau Capital. Bruno DE PAMPELONNE Président, Tikehau IM. © PHOTOS : DR LIRE LA CHARTE ESG RETROUVEZ L’ÉDITION 2018CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020THE FIRST ESG DIRECTORY IN PRIVATE EQUITY 2018 2019 2019 2020CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020 DOWNLOAD THE FILE CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020 AREAS OF EXPERTISE 91-93, BOULEVARD PASTEUR 75015 PARIS http://actifs-reels.amundi.fr PRI SIGNATORY: YES (2006) Direct investments in development capital, transmission capital, innovation capital Multi-management (funds of funds) in private equity (buyouts), infrastructure, private debt, real estate AMUNDI PRIVATE EQUITY FUNDS Contact: sophie.bradley-cook@amundi.com Phone: +33 (0)1 76 33 18 57 ESG TEAM Stanislas CUNY Director Private Equity Direct Funds. Guy LODEWYCKX Director Private Markets Funds of Funds. © PHOTO : DR ESG DUE DILIGENCES DURING THE INVESTMENT PROCESS ESG SUPPORT TO PORTFOLIO COMPANIES QUALITATIVE DESCRIPTION OF THE ESG STRATEGY For multi-management and investments in private equity funds, Amundi PEF undertakes to collate, analyze and encourage consideration of ESG criteria in the investment policy of the selected funds. For direct investments included in ESG funds, after closing, Amundi’s ESG analysis team implements monitoring of the investments throughout the holding period of such investments. An ESG action plan and annual monitoring is put in place with respect to any material ESG challenges that the company may face. Amundi PEF undertakes to give consideration to sustainable development when conducting its business operations and to apply corporate social responsibility (CSR). Amundi PEF undertakes to comply with the Environmental, Social and Governance (ESG) policy of the Amundi group. Amundi PEF has signed the Investment Capital Charter of France Invest (French association of investors for growth) and participates in existing working groups, in particular France Invest’s ESG committee. In 2016, Amundi PEF updated its ESG charter and its questionnaires. In its quality of minority investor (for direct investments) or as multi-manager in private equity funds, Amundi PEF does not carry out vendor due diligence. ESG VENDOR DUE DILIGENCES With respect to direct investments in enterprises and corporates, Amundi PEF: applies Amundi’s exclusion policy for all its funds; integrates a specific ESG analysis in its investment process for the funds that are subject to ESG management constraints; each investment is subject to ESG due diligence as performed by Amundi’s ESG analysis team. With respect to multi-management and investments in private equity funds, Amundi PEF’s due diligence process entails assessing the integration of ESG criteria by the selected funds by means of a questionnaire. ASSETS UNDER MANAGEMENT €7.46Bn * * Data as of 30 June 2019CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020 DOWNLOAD THE FILE CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020 AREAS OF EXPERTISE 20, PLACE VENDÔME 75001 PARIS www.ardian.com PRI SIGNATORY: YES (2009) Fund of Funds Private Debt Infrastructure Expansion Buyout Co-Investment Growth Real Estate Mandates ARDIAN ESG DUE DILIGENCES DURING THE INVESTMENT PROCESS AND VDD ESG SUPPORT TO PORTFOLIO COMPANIES QUALITATIVE DESCRIPTION OF THE ESG STRATEGY Ardian has a developed a tailored approach for each investment activity. When Ardian is a majority or significant minority shareholder, portfolio companies benefit from a yearly ESG review led by the Sustainability team. This translates into a review of progress and a detailed action plan to help improve performance of each portfolio company/ asset on material ESG issues. BEST PRACTICE HONOURS AWARD: 2019, 2016, 2014 Contact: candice.brenet@ardian.com - Contact: april.tissier@ardian.com Contact: tamara.krzisch@ardian.com - Contact: laura.andremont@ardian.com Phone: +33 (0)1 41 71 92 00 SUSTAINABILITY TEAM Investment teams systematically carry out an ESG analysis for each new investment opportunity, with the support of the Sustainability team and expert external consultants when appropriate. When exiting a company, Ardian may proceed to an ESG vendor due diligence (VDD) when appropriate. Example of a VDD carried out by an external consultant in 2018: ADA Cosmetics ASSETS UNDER MANAGEMENT $96Bn © PHOTOS : DR CLIMATE Ardian is one of the founding members of the Initiative Climate 2020 (IC20), which was launched in November 2015. This initiative involves a systematic materiality analysis of climate issues for each portfolio company in ESG reviews. Ardian calculated its carbon footprint at company level, taking into account both direct and indirect emissions (scope 1, 2 and 3) for the years 2013, 2014 and 2015. READ THE 2017 EDITION Ardian published its Responsible Investment Policy in 2016. Since 2009, Ardian annually carries out in-depth ESG analysis of its main LBO and infrastructure funds’ portfolio companies/ assets. For its Fund of Funds activity, Ardian assesses the ESG performance of its GPs at corporate and investment level. For its Real Estate activity, Ardian evaluates properties performance using its proprietary tool on a regular basis and participated in the GRESB assessment for the first time in 2019. Ardian has set up a profit-sharing scheme consisting of the payment of bonuses to the employees of exited companies. Since 2008, Ardian has distributed 51 million euros of capital gain on exits to 22,150 employees from 28 companies. In 2017, Ardian mapped all recent investments according to United Nations Sustainable Development Goals to better measure portfolio companies and assets impact on society and the environment. Tamara KRZISCH Sustainability Analyst. Laura ANDREMONT Sustainability Analyst. Candice BRENET Head of Sustainability. Chair of France Invest ESG Commission, and member of the Private Equity Advisory Com- mittee of UN-PRI. April TISSIER Sustainability Manager, member of the Private Equity Advisory Com- mittee of UN-PRI. READ THE 2018 ESG REPORTTÉLÉCHARGEZ LA FICHE CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020DOWNLOAD THE FILE CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020 AREAS OF EXPERTISE 103, RUE DE GRENELLE 75007 PARIS www.capza.co PRI SIGNATORY: YES (2011) Growth Capital LBO Mezzanine Corporate debt Unitranche ASSETS UNDER MANAGEMENT €2.7Bn Contact: bdetissot@ capza.co Phone: +33 (0)1 42 60 28 59 Contact: fbernez@ capza.co Phone: +33 (0)1 84 86 16 57 Contact: jmfiamma@ capza.co Phone: +33 (0)1 84 86 16 58 ESG TEAM ESG DUE DILIGENCES DURING INVESTMENT PROCESS ESG SUPPORT TO PORTFOLIO COMPANIES QUALITATIVE DESCRIPTION OF THE ESG STRATEGY We share our ESG analyses with our portfolio companies, engage with them and discuss ESG topics during supervisory board meetings. When needed, specific missions can be conducted within the companies in order to improve extra financial performance. We perform a systematic annual ESG screening of the companies in our portfolios based on 15 criteria. We aggregate those criteria at the portfolio level in order to build a synthetic view of the ESG risks embarked in the portfolio and its ESG footprint. We monitor the evolution in time. We produce an annual ESG report for each of our funds including detailed ESG analyses of each company in the portfolio. We review our ESG methodology once a year and make necessary adjustments according to the development of the industry. When CAPZA exits one of its portfolio companies it may use an ESG vendor due diligence. ESG VENDOR DUE DILIGENCES As part of the due diligence process, we identifie key ESG risks (environmental, social and governance) based on the sector, the geography, the size and the type of the company. ESG risks are then reviewed, integrated in the investment notes and factored in the decision process of our various investment committees. Jean-Marc FIAMMA Partner. Fabien BERNEZ Partner. Bénédicte de TISSOT General Secretary. © PHOTOS : DR €2.7 billion as at 30 June 2019, of which assets advised by Artemid SAS and managed by a third party. READ THE 2018 EDITION CAPZACFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2019/2020Next >