< PreviousESG 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 %ESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS ASSETS UNDER MANAGEMENT ESG TEAM 32 RUE DE MONCEAU 75008 PARIS www.tikehaucapital.com AREAS OF EXPERTISE Growth Leveraged Buy Out Private Debt Fund of funds Impact PRIORITY VERTICAL SECTORS Aero and Defence Regenerative Agriculture Consumer goods Cybersecurity Decarbonisation Circular economy Energy Real Estate Industry INITIATIVES PRI (2014) IGCC NZAM (Net Zero Asset Managers) (2021) QUALITATIVE DESCRIPTION TIKEHAU CAPITAL Tikehau Capital’s responsible investing charter covers the full spectrum of res- ponsible investment strategies, from exclusions to the development of sustai- nability-themed and impact products. ESG integration is at the heart of the Group’s strategy and engagement initiatives are implemented on an ad hoc basis, with the aim of advancing the sustainability journeys of portfolio com- panies. Our « Sustainability by Design » approach excludes some risky sectors, beha- viours and jurisdictions to protect value, incorporates ESG factors in financial analysis to increase value and allows us to work with management and gover- nance bodies to identify value-creating ESG measures. Informed by scientific reports from the IPCC, the IEA and the work carried out on planetary boundaries, Tikehau Capital has set up a sustainability-the- med and impact investing platform to help speed up the necessary transi- tions. This platform focuses on four themes: (i) decarbonisation, (ii) nature and bio- diversity, (iii) resilience and (iv) sustainable cities. As of March 31 2024 , this platform amounted to 11.9 billion euros including 3.2 billion euros for climate and biodiversity. Beyond private equity, the Group also proactively promotes decarbonisation across other business lines. CASE STUDY Private debt decarbonisation case stduy: Since 2015, Tikehau IM has positio- ned itself as a partner to support the international development and exter- nal growth of Lebronze Alloys SAS. In 2023, as part of a refinancing operation, close collaboration with management was established to set up a Sustaina- bility Linked Loan: SEE THE ENTIRE TEAM eduction of the carbon footprint across the three scopes in line with the Paris Agreement reduction of water consumption reduction of the accident frequency rate This Sustainability Linked Loan can lead to an upward or downward modula- tion of the credit margin, within a range of up to 45 basis points, acts as a cata- lyst for the roll-out of an ambitious sustainability action plan through to 2030 *as of March 31, 2024 € 44.1Bn * Lindee WONG Director Climate & Biodiversity Laure VILLEPELET Head of ESG & CSR lvillepelet@tikehaucapital.com lwong@tikehaucapital.com READ THE 2023/2024 VERSION DOWNLOAD THE FILEESG BOOK 2024/2025 I CFNEWS DIGITAL PUBLICATIONS Capital Markets Strategies Private Debt Private Equity Real Assets Tactical Strategies Is the percentage of sustainable assets held in the portfolio measured? ESG GOVERNANCE CLIMATE 758 employees ESG AND CLIMATE COMMITTEE COMEX MEMBERS EMPLOYEES 12 members 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 ? TIKEHAU CAPITAL ESG BOOK 2024/2025 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? common ESG objectives Total amount € +3 800M in private equity, whenever applicable yes as an Impact Committee member for impact deals no otherwise Internal reference framework referring to the European Taxonomy yes for SFDR Article 9 and Article 8 with sustainable investment objectives 2 % *The management of Tikehau Capital is undertaken by its two Managers, AF&Co Management and MCH Management. The Governance and Sustai- nability Committee noted that, instead of relying on a single Executive Committee for assistance with management decisions, the Managers call on several ad hoc Committees composed of representatives of the Group’s senior management, each specialised in particular fields. Hence, we cannot communicate on a percentage of women at a formal executive committee level. However, at Tikehau Capital level, 3 Deputy Chief Executive Officers of the Group have been appointed: Thomas Friedberger, Frédéric Giovansili and Henri Marcoux. As a result, there is no woman out of 2 cofounders and 3 deputy CEO. *as of March 31, 2024 Private Debt Private Equity Real Assets ARTICLE 8 FUNDS How often are Sustainability Linked Loans implemented on operations? SYSTEMATIC ASSETS UNDER MANAGEMENT Bn 44.1 *€ SOCIAL Are you implementing the France Invest value-sharing scheme within your holdings? SYSTEMATICMAJORITYOCCASIONAL NEVER with sustainable asset share commitment 0 %* ARTICLE 8 54 FUNDS ARTICLE 9 26 FUNDS 9 % 16(*) Réservé aux abonné(es) RESTEZ CONNECTÉ ! TÉLÉCHARGEZ * L’APPLICATION CFNEWS Transactions LBO M&A IPO Dette Levées de fonds Venture…Next >