< PreviousESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS ESG TEAM 5/7 RUE DE MONTTESSUY 75007 PARIS www.naxicap.com AREAS OF EXPERTISE LBO Capital-développement PRIORITY VERTICAL SECTORS All sectors INITIATIVES PRI (2016) ICI (2016) QUALITATIVE DESCRIPTION NAXICAP PARTNERS ENGAGEMENT ACTIF At Naxicap Partners, we believe portfolio companies’ growth is to be suppor- ted and guided by shareholders actively. Our role is to maximize every port- folio company’s potential to create tomorrow’s leaders on their markets. We believe a company can hardly achieve this position without integrating and managing sustainability factors proactively. Therefore, our pledge as Private Equity responsible investor is to engage with portfolio companies on their ESG performance, challenge them on most material topics (climate change, diversity, inclusion, supply chain, etc.) to foster their sustainability and econo- mic growth. Over 2023, the ESG Team has engaged active dialogue on specific topics aside ESG reporting with several portfolio companies. Example : Since Naxicap’s investment in autumn 2023, Synchrone has set up a new CSR governance structure (dedicated manager, entities referents, defi- nition of new objectives) and worked to improve its EcoVadis score (Silver in 2022, Gold in 2023). Its two priority challenges for the coming years are: (i) to achieve its GHG emis- sion reduction targets linked to its low-carbon strategy (-4% per year between 2023 and 2030) and (ii) to implement a responsible digital approach (eco-de- sign, Green IT, e-accessibility, etc.) with the aim of obtaining the Sustainable IT Label in 2025. 38 COMPANIES ACTIVELY SUPPORTED BY THE ESG TEAM in 2023 Representing 71 % of amounts invested (ESG scope) *as of Dec 31, 2023 € 6.3Bn * ASSETS UNDER MANAGEMENT SEE THE ENTIRE TEAM Joanna TIRBAKH ESG Director joanna.tirbakh@naxicap.com +33 (0)1 84 79 72 34 READ THE 2023/2024 VERSION DOWNLOAD THE FILEESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS ESG GOVERNANCE CLIMATE SOCIAL 106 People ESG AND CLIMATE COMMITTEE COMEX MEMBERS EMPLOYEES 4 Members 1 Woman Integrating ESG objectives into the variable remuneration of investment teams? Is the ESG manager a member of the Investment Committee? NAXICAP PARTNERS ESG BOOK 2024/2025 Integrating ESG objectives into the remuneration of portfolio managers? 20 % 3 % .8 ARTICLE 6 47 FUNDS ARTICLE 8 2 FUNDS All funds Is the percentage of sustainable assets held in the portfolio measured? Are you committed to a Net Zero trajectory for yourself and your portfolio holdings? Do you assess the carbon footprint of your holdings, including scope 3 ? Are you implementing the France Invest value-sharing scheme within your holdings? SYSTEMATICMAJORITYOCCASIONAL NEVER ASSETS UNDER MANAGEMENT *as of Dec 31, 2023 Bn 6.3 * € All funds raised since 2023 are designed to be article 8.(1) (1)Unless otherwise explicitly requested by investorsESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS Jacques PANCRAZI Partner Guillaume PEROZ Partner ESG TEAM 41, AVENUE DE FRIEDLAND 75008 PARIS www.qualium-investissement.com AREAS OF EXPERTISE Buyouts Growth capital PRIORITY VERTICAL SECTORS All sectors QUALITATIVE DESCRIPTION QUALIUM INVESTISSEMENT Qualium began its ESG policy more than 15 years ago with the ESG review of its previous portfolio, followed by the introduction of systematic ESG due diligence for all new investments in 2010. Four years later, the management company signed its first Responsible Investor charter, which it revised in 2021 to meet the requirements of SFDR regulation on sustainability reporting wit- hin the financial services sector. At this time, Qualium adjusted its processes and strengthened ESG integration within the pre-investment phase. During the portfolio management phase, ESG key performance indicators are collected in order to identify and measure any impact on sustainability fac- tors. The data is analysed by an external consultancy firm to ensure that it is reliable and that actions taken are in accordance with the SASB (Sustainable Accounting Standards Board) framework. The results are discussed annually with management, based on actions identified during the pre-acquisition phase. Qualium works with management teams to build action plans and monitors progress at board meetings. Qualium Fund III has been categorised as an Article 8 fund under SFDR regu- lation. Qualium is committed to ensuring that all new investments make pro- gress in terms of ESG issues. This progress is measured using key sustainabi- lity indicators specific to each company, identified during the pre-acquisition phase, in addition to those already monitored in the ESG reporting exercise. The reduction in carbon footprint, has been assessed (scope 1, 2, 3) in the ma- nagement company since 2014, and in the portfolio companies since 2021, covering the entire value chain. Qualium’s first public ESG report was published in 2022. In terms of value sharing, Qualium put its first system in place in 2023 linked to the ‘Loi Pacte’ (2019 legislation aimed at encouraging entrepreneurship and innovation in French businesses). jacques.pancrazi@qualium-invest.com +33 (0)1 81 80 47 43 guillaume.peroz@qualium-invest.com +33 (0)1 81 80 47 15 *as of Dec 31, 2023 € 1,5Bn * ASSETS UNDER MANAGEMENT SEE THE ENTIRE TEAM READ THE 2023/2024 VERSION DOWNLOAD THE FILE INITIATIVES PRI (2010) iCI (2021) France Invest (2008) Charte pour la Parité (France Invest Parity Charter) (2020) Charte sur le Partage de la Valeur (Value Sharing Charter) (2023)ESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS ESG GOVERNANCE 20 People ESG AND CLIMATE COMMITTEE EMPLOYEES 3 Members 0 Woman in the management team 3 Women in the investment team QUALIUM INVESTISSEMENT ESG BOOK 2024/2025 15 % COMEX MEMBERS Integrating ESG objectives into the variable remuneration of investment teams? Is the ESG manager a member of the Investment Committee? Integrating ESG objectives into the remuneration of portfolio managers? Is the percentage of sustainable assets held in the portfolio measured? CLIMATE Are you committed to a Net Zero trajectory for yourself and your portfolio holdings? Do you assess the carbon footprint of your holdings, including scope 3? ARTICLE 8 1 FUND with sustainable asset share commitment Qualium Fund III ASSETS UNDER MANAGEMENT *as of Dec 31, 2023 Bn 1,5 * € SOCIAL Are you implementing the France Invest value-sharing scheme within your holdings? SYSTEMATICMAJORITYOCCASIONAL NEVERESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS Servane METZGER-CORRIGOU Chief Impact Officer Marie-Gabrielle SORIN Operating partner Sustainability & Impact ESG TEAM servane.metzger@ringcp.com + 33 (0)7 66 37 43 54 mgs@ringcp.com + 33 (0)6 10 57 62 39 *as of Dec 31, 2023 RING CAPITAL AREAS OF EXPERTISE Cap-dev Growth Impact Venture Seed Philanthropy PRIORITY VERTICAL SECTORS Agri-food Energy Education Climate Inclusion, Circular economy Health Industry Consumer goods All sectors INITIATIVES PRI (2020) ICI (2019) B-Corp (2023) Tech Your Place (2022) Société à mission (2024) 2 RUE FAVART 75002 PARIS www.ringcp.com ASSETS UNDER MANAGEMENT € 400M * READ THE 2023/2024 VERSION DOWNLOAD THE FILE DESCRIPTION QUALITATIVE Ring Capital's mission is to actively direct capital towards essential solutions that address major social and environmental challenges. We help entrepreneurs and businesses grow by aligning impact and financial performance. 100% of the companies we invest in are ‘impact-native’ businesses, and we make a clear distinction between impact and ESG. We have developed an exclusive methodology to assess the impact potential of companies based on four main criteria: The impact potential of the solution compared to existing solutions; The strategic intentionality of the Management; The additionality of our impact as an investor; The definition of a robust impact measurement; Our strategy is based on the definition, approval, and monitoring of clear impact KPIs integrated into the legal documentation through ‘Impact Business Plans’. We align financial and extra-financial performance since 50% of our carried interest and part of the variable remuneration of the executives of the invested companies are conditional on achieving the ‘Impact Business Plans’. These ‘Impact BPs’ are audited annually by a third party. This impact analysis is complemented by an evaluation and monitoring of 7 key ESG criteria, as well as an exclusion policy concerning certain sectors and practices. Finally, we support invested companies in the definition a mission model. At the management company level, we now have the status of mission-driven company, overseen by a mission committee composed of four independent experts in social and environmental impact.ESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS including Article 6 historical fund holdings ESG GOVERNANCE ESG TEAMLEADING TEAM EMPLOYEES 7 Womens in investment teams 1 Woman partner Integrating ESG objectives into the variable remuneration of investment teams? Is the ESG manager a member of the Investment Committee? RING CAPITAL ESG BOOK 2023/2024 Integrating ESG objectives into the remuneration of portfolio managers? 9 % 50 % of the carried interest will be determined by the achievement of the objective based on the Impact KPI(s) 20 % of Employee Stock Ownership Plan is determined by the achievement of the objective based on the Impact KPI(s), and 20 % of the variable of the management (Executive Committee) is determined by the achievement of the objective based on the Impact KPI(s) Is the percentage of sustainable assets held in the portfolio measured? CLIMATE Are you committed to a Net Zero trajectory ? Do you assess the carbon footprint of your holdings, including scope 3 ? Carbon footprint by proxy for the portfolio. 2024 : detailed carbon footprint for each portfolio company, including a specific trajectory according to sector and activity. SOCIAL 22 People 2 Members (one operating partner) 17 % 50 % Référentiel interne ET taxonomie cf. reporting d’impact et rapport d’impact SYSTÉMATIC MAJORiTYOCCASIONALNEVER IDo you integrate social issues (diversity, mixed teams...) in your due diligence questionnaires for selecting managers? Systematic ESG & impact due diligence incorporating all relevant social issues, taking into account size and sector. Share of financed companies with a positive social impact: 30 companies out of 40 in portfolio 75 % ARTICLE 8 3 FUNDS ARTICLE 9 2 FUNDS Ring Altitude Growth I 165 m€ (fonds historique requalifié en 2024) Ring GENERATIONS by EDHEC seed I 40m€ (en cours de levée) Ring Africa 50m€ (en cours de levée) Ring Altitude Growth II (en cours de levée) Ring Mission Venture Capital I 66 m€ *as of Dec 31, 2023 ASSETS UNDER MANAGEMENT M 400 * € 62 ,5 %ESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS Bérangère BARBE Partner, NewGen Strategy Maxime BAUDRY Partner, MidCap Strategy ESG TEAM berangere.barbe@sagard.eu maxime.baudry@sagard.eu 49 - 51 AVENUE GEORGE V 75008 PARIS www.sagard.com AREAS OF EXPERTISE LBO PRIORITY VERTICAL SECTORS Health Technology Business services Industry Agri-food INITIATIVES PRI (2020) iCI (2017) France Invest’s gender equality charter (2020) QUALITATIVE DESCRIPTION SAGARD At Sagard, we believe in smart, responsible growth. We aspire to create jobs and fuel innovation with teams, investors and entrepreneurs of diverse pers- pectives, backgrounds, and identities. We can achieve this while caring for our people’s health, communities’ development, and environment. We also work to protect the value our companies and partners create. We believe that being active owners and integrating sustainability frameworks into our investment processes can help us accelerate the development of our portfolio companies, create long-term value, and build business resiliency. *as of June 30, 2024 € 2,7Bn * ASSETS UNDER MANAGEMENT SEE THE ENTIRE TEAM READ THE 2023/2024 VERSION DOWNLOAD THE FILEESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS Is the percentage of sustainable assets held in the portfolio measured? ESG GOVERNANCE CLIMATE 44 People ESG COMMITTEEEMPLOYEES Are you committed to a Net Zero trajectory for yourself and your portfolio holdings? Do you assess the carbon footprint of your holdings, including scope 3 ? Integrating ESG objectives into the variable remuneration of investment teams? Are the ESG managers members of the Investment Committees? SAGARD ESG BOOK 2024/2025 ARTICLE 8 2 FUNDS Integrating ESG objectives into the remuneration of portfolio managers? COMEX MEMBERS 4 Women 36 % Sagard 4 € 1001,5M Sagard NewGen € 378,6M 3 Members 7,5 % European taxonomy Sagard determines its investments eligible for the Taxonomy. However, the information available to date does not allow us to provide an alignment percentage. ASSETS UNDER MANAGEMENT *as of June 30, 2024 Bn 2,7 * € SOCIAL Are you implementing the France Invest value-sharing scheme within your holdings? SYSTEMATICMAJORITYOCCASIONAL NEVERESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS SUSTAINABLE FINANCE TEAM 22, RUE VERNIER 75017 PARIS www.swen-cp.fr AREAS OF EXPERTISE LBO Capital-développement Growth Private Debt Fonds de fonds primary and secondary transactions) Impact Venture Capital PRIORITY VERTICAL SECTORS Energy Climate All sectors INITIATIVES PRI (2016) Steering Committee of France Invest’s Sustainability Commission, SWEN CP participates in several publications and working groups each year France Invest’s Impact Commision Actionnaire de l’initiative NEC (2022) (www.nec-initiative.org) Scientific partnership with Ifremer (as part of the Blue Ocean fund) Initiative Climate International Finance for Biodiversity Foundation Institut de la Finance Durable working groups on impact investing and biodiversity SWEN CAPITAL PARTNERS *as of Mar 31, 2024 € 8Bn * ASSETS UNDER MANAGEMENT Renaud SERRE-LAPERGUE Director of the strategy sustainable finance Julie OLIVIER Deputy director of the strategy sustainable finance rserrelapergue@swen-cp.fr jolivier@swen-cp.fr DESCRIPTION QUALITATIVE The Sustainable Finance Policy sets out the overall framework for SWEN CP's new ambition in this area. It is based on 4 main pillars: implementation of new governance, commitment to financial products, deployment of an ambi- tious support policy and definition of a Nature policy. The Nature Policy is the subject of a specific treatment through the publica- tion of a specific document (replacing its former climate policy drawn up in 2017) jointly addressing climate change and biodiversity. This policy is based on the recommendations issued by the Taskforce on Na- ture-related Financial Disclosures and rests on 3 fundamental pillars: Adhere to international frameworks (i.e. the Kunming-Montreal Global Biodiversity Framework and the Paris Agreement) and conduct this policy at a strategic level. Contribute to ecosystem regeneration by factoring nature-related issues into all investment decisions. Help stakeholders integrate nature-related issues into their activities. SWEN CP applies exclusion policies for activities in the coal and fossil oil and gas sectors (both conventional and non-conventional). These policies define absolute and relative criteria (it should be noted that greenfield projects are excluded from all financing) that must not be exceeded in terms of activity or energy production indicators. 1. 2. 3. SWEN Capital Partners became a mission-driven company in 2023, determined to put investment at the service of Nature. That same year, SWEN Capital Par- tners committed itself to a few policies that structure its ambition for truly sus- tainable finance. READ THE 2023/2024 VERSION DOWNLOAD THE FILEESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS ARTICLE 9 3 FUNDS ARTICLE 8 5 FUNDS with a minimum proportion of sustainable investments ARTICLE 8 19 FUNDS Integrating ESG objectives into the remuneration of portfolio managers? Integrating ESG objectives into the variable remuneration of investment teams? Is the ESG manager a member of the Investment Committee? ESG GOVERNANCE 100 People ESG TEAM MANAGEMENT COMMITTEE EMPLOYEES 9 Members 2 Women SWEN CAPITAL PARTNERS ESG BOOK 2024/2025 Is the percentage of sustainable assets held in the portfolio measured? CLIMATE Are you committed to a Net Zero trajectory for yourself and your portfolio holdings? Do you assess the carbon footprint of your holdings, including scope 3 ? How often are Sustainability Linked Loans implemented on operations? MAJORITY To be noted that the sustainable character of investments is only determined* for investments made by funds that have set themselves a minimum percentage of sustainable investment SWEN Capital Partners is committed to a trajectory of alignment with the objectives of the Paris Agreement as close as possible to +1.5°C by 2050 *as of Mar 31, 2024 ASSETS UNDER MANAGEMENT Bn 8 * € Please refer to the definition of sustainable investment presented and detailed in the Sustainable Finance section of SWEN CP’s website: https://www.swen-cp.fr/en/sustainable-finance». SOCIAL Do you include social issues (diversity, team mix, etc.) in your manager selection due diligence questionnaires? SYSTEMATIC MAJORITYOCCASIONAL NEVER 10 % 17 % 15 %Next >