< PreviousCFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023DOWNLOAD THE FILE AREAS OF EXPERTISE 20, PLACE VENDÔME 75001 PARIS www.ardian.com PRI SIGNATORY: YES (2009) Secondaries and Primaries Buyout Expansion Growth Co-Investment Private Debt Infrastructure Real Estate ARDIAN ESG DUE DILIGENCES DURING THE INVESTMENT PROCESS AND VDD ESG SUPPORT TO PORTFOLIO COMPANIES AND GPs 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. For its Secondaries activity, Ardian assesses GPs ESG practices at corporate and investment process level on an annual basis. BEST PRACTICE HONOURS AWARD: 2019, 2016, 2014 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. A summary of the ESG analysis is then included in every investment memorandum submitted to the Investment Committee, which is ultimately responsible for the investment recommendation. When exiting a company, Ardian may proceed to an ESG vendor due diligence (VDD) when appropriate. ASSETS UNDER MANAGEMENT $130Bn © PHOTOS : DR CLIMATE Ardian is one of the founding members of the Initiative Climat International, 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, 2015, 2019, 2020 and 2021. Ardian published its Responsible Investment Policy in 2016. 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, 28,000+ employees from 37 exited portfolio companies have benefited from this Ardian profit-sharing schemes,representing one to six months of salary per employee. In 2019, Ardian developped its proprietary Sustainability Measurement Methodology based on UN Sustainable Development Framework, Impact Management Project and Theory of Change. The same year, Ardian joined the Investor Leadership Network (ILN). We are contributing to the ILN’s diversity work stream. In 2020, further commited to diversity and inclusion by being one for the founding signatories of Institutional Limited Partners Association (ILPA)’s new Diversity in Action initiative and by joining afterwards Level 20, an organization dedicated to improving gender diversity in European private equity industry. SUSTAINABILITY TEAM Contact: sustainability@ardian.com Phone: +33 (0)1 41 71 92 00 Laura ANDREMONT, Taea CALCUT, Candice BRENET : Head of Sustainability , Pierre KLEMAS, Lucile DEGRAVE, Tamara KRZISCH, David CHEMLA, April TISSIER. READ THE 2021/2022 EDITION READ THE ESG REPORTCFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023DOWNLOAD THE FILE BRIDGEPOINT 21 AVENUE KLEBER 75116 PARIS www.bridgepoint.eu Middle Market Lower Mid-Cap Early Stage Growth Credit Contact: sustainability.team@bridgepoint.eu Phone : +33 (0)1 70 22 53 00 ESG TEAM ESG DUE DILIGENCES DURING THE INVESTMENT PROCESS ESG SUPPORT TO PORTFOLIO COMPANIES QUALITATIVE DESCRIPTION OF THE ESG STRATEGY CLIMATE Bridgepoint became a signatory of the UN PRI in 2013. Bridgepoint is committed to delivering attractive returns for its investors by investing in companies and building stronger, sustainable businesses in a responsible way. Bridgepoint’s approach to ESG is guided by core principles and is set out in a formal policy agreed by the Firm’s ESG Committee and approved by the Group Board: By ensuring that a strong ESG judgement is exercised in investment disciplines before the acquisition of new businesses; By measuring progresses of each portfolio companies through the submission of a annual ESG and Diversity, Equity and Inclusion questionnaires; By applying rigorous governance standards in the way Bridgepoint operates as a Firm and in the companies owned; and By encouraging diversity and equality throughout its workforce and those of its investee companies, respecting international standards on human rights. Climate change is an area of strategic importance to Bridgepoint and its portfolio. All Bridgepoint portfolio companies are required to have their carbon footprint calculated and a reduction strategy in place by the end of 2023. Additionally, it is Bridgepoint’s target that all its portfolio companies implement a roadmap aiming to show its contribution to a net zero status by 2040. Bridgepoint does not invest in companies whose products, services or practices cause environmental or social harm, and where there is no path to transform the business into a positive contributor to society. Full ESG due diligence is conducted by external specialists prior to all investments. An ESG Committee reviews each new investment opportunity and gives its opinion where appropriate. The conclusions of these analyses are presented to the Investment Committee. Bridgepoint takes every opportunity to advise, support and collaborate with the management teams of portfolio companies to help them embed best-practice ESG policies, processes, and systems. Based on the analyses carried out during the due diligence phase, the management of each portfolio company builds an ESG roadmap which is presented to the members of the governance bodies and discussed at least once a year. Examples of the portfolio-wide initiatives / targets set for all companies include, but not limited to (i) assign responsibility for ESG issues to a member of the top management team and a board member, (ii) measure the company’s carbon footprint and implement measures to reduce it, and (iii) ensure board diversity and, at a minimum, have at least one female director. In addition, the Credit business uses ESG margin ratchets to incentivise positive sustainability performance. Progress is assessed on the basis of quantitative criteria. AREAS OF EXPERTISE PRI SIGNATORY: YES (2013) ASSETS UNDER MANAGEMENT €32Bn © PHOTOS : DR Carole BROZYNA Head of Sustainability Jihea KIM Senior Sustainability Manager Vanessa DELAAGE Portfolio Manager Katie COTTERELL Sustainability Manager, Bridgepoint CreditCFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023DOWNLOAD THE FILE AREAS OF EXPERTISE 45 CANON STREET LONDON EC4M 5SB www.dws.com PRI SIGNATORY: YES (2008) Infrastructure DWS Contact: harold.d-hauteville@dws.com Phone: +44 (20) 754 75698 Contact: lucinda.hearth@dws.com Phone: +44 (20) 754 55472 Contact: olivier.dubost-de-cadalvene@dws.com Phone: +33 (0)1 44 95 59 95 ESG Infrastructure Team Olivier DUBOST de CADALVÈNE Head of DWS France Lucinda HEARTH Head of ESG Strategy, Infrastructure Harold d’HAUTEVILLE Head of Infrastructure Equity, Europe © PHOTOS : DR ESG DUE DILIGENCE DURING THE INVESTMENT PROCESS AND VDD ESG TO SUPPORT PORTFOLIO COMPANIES QUALITATIVE DESCRIPTION OF THE INFRASTRUCTURE ESG STRATEGY ESG is considered at all stages of the infrastructure investment process - from screening to due diligence to the final investment decision. The teams work with internal ESG specialists as well as external specialists where relevant. The ESG review is then documented as part of the recommendation presented to the Investment Committee. All VDDs prepared will include a section on the ESG attributes of an asset, including any ESG strategy implemented throughout the holding period. The team closely monitors the ESG attributes of an asset during the holding period, seeking to add value and mitigate ESG related risks through the implementation of ESG measures, putting strong emphasis on these topics in our portfolio company’s governance. An annual Sustainable and Responsible Investment (SRI) Report is produced addressing the key risk/opportunity areas such as Health & Safety and Security; Community Service; Labour and Diversity Issues; and Environmental Issues. Information on ESG KPIs is reported quarterly by portfolio companies and annually to investors in the SRI report. The team completes the annual Global Real Estate Sustainability Benchmark (GRESB) Infrastructure assessment to benchmark the sustainability performance of the funds and portfolio companies against peers. The team has developed an Environmental and Social Management System (ESMS) to help monitor all aspects of investing/managing our portfolio assets and achieve continuous improvement from an ESG perspective. Within the DWS infrastructure team, we focus on ESG as a key investment driver and it remains a key part of our investment thesis for each opportunity as demonstrated by our most recent acquisitions. For example, we consider how an investment can support the energy transition, the long-term sustainability of the business, and the resilience to climate change in our investment decisions. We believe that ESG considerations can help to mitigate environmental and regulatory risks and establish sustainable infrastructure best practices to add long-term value to the investments we manage. We recognize that ESG and ethical practices are fundamental to the business strategy of the fund, its investors, and key community stakeholders, and we have implemented a Responsible Investment Policy across the investment platform. We regularly engage with all of our portfolio companies on ESG issues, as part of both day-to-day interactions and as a key item on the agenda at board meetings. The DWS business platform was recognized as 2018 Responsible Investor of the Year from Insurance Asset Risk for the second consecutive year and 2017 Asset Manager of the Year (based on ESG capabilities) by Insurance ERM. ASSETS UNDER MANAGEMENT € 902Md as of 31 March 2022 READ THE 2021/2022 EDITIONCFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023DOWNLOAD THE FILE EKKIO CAPITAL 7-9, RUE LA BOÉTIE 75008 PARIS www.ekkio.eu ESG DUE DILIGENCES DURING INVESTMENT PROCESS ESG SUPPORT TO PORTFOLIO COMPANIES QUALITATIVE DESCRIPTION OF THE ESG STRATEGY Sectors which are not compatible with Ekkio Capital’ ESG strategy are excluded from the investment process. ESG criteria are included in the investment process thanks to a specific questionnaire. Ekkio Capital’s commitment to ESG stakes is mentioned in all acquisition documents. Ekkio Capital implemented a systematic annual ESG review within portfolio companies with the help of an external and specialized consulting firm. 4 common thematic areas are defined to standardize the ESG reporting between all portfolio companies: environmental footprint, monitoring of suppliers (supply chain), social footprint (human capital) and governance. Each year, areas for improvement in ESG are identified for each portfolio company through a questionnaire on the Reporting 21 platform (140 items). Based on qualitative exchanges with the management, an action plan is built to improve the non-financial performances of each company with a regular follow up. The evolution of ESG indicators is monitored over time on each portfolio company and communicated to LPs as part of the ESG reporting. Since 2020, Ekkio Capital leads a partnership with Great Place to Work in order to strengthen the place of employees and promote well-being at work as a performance lever. Each company in the portfolio has the target to become certified «great place to work», will commit to improving its HR policy to become a better organization and fully integrate this extra-financial dimension into its strategy. Two companies have already been certified. Since the application of the Loi Pacte in France, Ekkio Capital has extended the management package to all employees through a capital gain sharing scheme in 3 companies in the portfolio. This agreement will be gradually extended to all companies. Ekkio Capital maintains strong relationships with its investors on ESG issues and its ESG Charter is signed by all employees. Ekkio Capital is a signatory of the UN Principles for Responsible Investment (PRI) since 2013 with an A rating in 2020, of the ESG Charter of FSI France Investment, of environmental, social and governance principles from France Invest as well as its Parity Charter. PRI SIGNATORY: YES (2013) ESG TEAM AREAS OF EXPERTISE LBO Capital growth ASSETS UNDER MANAGEMENT 368 M€ READ THE 2021/2022 EDITION Contact: nbeaugendre@ekkio.fr Phone: +33 (0)1 84 17 16 05 Contact: jbliban@ekkio.fr Phone: +33 (0)1 84 17 16 07 Contact: nsabouret@ekkio.fr Phone: +33 (0)1 84 17 16 14 Nicolas SABOURET Investment Director. Jean-Baptiste LIBAN Corporate Secretary. Nicolas BEAUGENDRE Partner © PHOTOS : DRCFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023CFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023DOWNLOAD THE FILE 1 RUE GEORGES BERGER 75017 PARIS www.eurazeo.com Private Equity Private Debt Real Assets EURAZEO Contact: esg@eurazeo.com Phone : +33 (0)1 44 15 01 11 O + : EURAZEO’S ESG STRATEGY ESG EMBEDDED IN THE INVESTMENT PROCESS… … AND THROUGHOUT THE ORGANISATION ESG fully contributes to the selection, transformation and sustainable growth of companies. During the identification phase, Eurazeo carries out ESG due diligences on all prospective acquisitions to enrich the analysis of the sector and the target company, and to obtain an in-depth understanding of the various risks and opportunities. During the acceleration phase, Eurazeo asks companies for which it is a shareholder to deploy O + essentials and perform an annual ESG reporting to measure the deployment, progress and results of the ESG programs. During the exit phase, Eurazeo communicates ESG performance elements to potential buyers through the integration of ESG data in datarooms or through vendor due diligences. ESG is represented in the: Supervisory Board: An ESG committee was created in 2014. Executive Board: The ESG team reports to Nicolas Huet, General Secretary. Partners Committee: The Head of ESG, Sophie Flak, is Managing Partner. ESG Team: Created in 2008, it currently comprises 6 full-time members. Business divisions: An ESG delegate was identified within each investment and corporate team. ESG criteria are taken into account in the compensation schemes of the: Executive Board members since 2015 and the Partners Committee members since 2019. Investment teams of the funds classified as Article 9 as per SFDR. Eurazeo is one of the first investment groups to have incorporated sustainability into its business from 2008. ESG is an assurance of sustainability and performance. The Group’s 2020-2040 ESG strategy, named O + , is built on two main commitments: reach carbon net neutrality (decarbonisation pathway validated by SBTi) and foster a more inclusive society. Eurazeo also aims to progress on all ESG dimensions as defined by the UN’s Sustainable Development Goals. With O + , Eurazeo seeks to drive positive change in society by fostering shared and sustainable prosperity. Leslie AURIOL Inclusion Senior Specialist Alexandre MURILLO Climate Manager Marième DIACK ESG Coordinator Sophie FLAK Managing Partner ESG & Digital Margaux GIRARD ESG Specialist © PHOTOS : DR PRI SIGNATORY: YES (2009) ESG TEAM (environmental, social, governance) AREAS OF EXPERTISE ASSETS UNDER MANAGEMENT €32Bn (March 31 st , 2022) Audrey LE BOURDIEC ESG AnalystCFNEWS DIGITAL PUBLICATIONS - ANNUAIRE ESG 2022/2023Next >