As an investment company, Eurazeo closely works with the AFIC (Association Française des Investisseurs pour la Croissance, French Private Equity Association) and PRI on responsible investment topics.
In December 2011, Eurazeo signed the Principles for Responsible Investment (PRI) of the United Nations, thereby confirming its goal of factoring non-financial criteria into its management, investment strategy and portfolio of companies. Eurazeo also signed the United Nations Global Compact in 2014, and its two first Communications on Progress (COP) were submitted at the Advanced level.
Priorities are identified based on CSR analyses, materiality of ESG factors and trend forecasts of private equity and other sectors as well as CSR regulations.
Conscious of their responsibility as long-term shareholders of their portfolio companies, Apax Partners, Ardian, Eurazeo, LBO France, and PAI Partners, have decided to launch in 2015 the "Initiative Carbone 2020". This initiative is the French private equity sector's first collective commitment. It calls for the responsible and transparent management of portfolio company greenhouse gas emissions. The signatories of the IC20 have thus decided to mobilize in order to contribute to the COP21 objective of limiting global warming to 1.5 degrees Celsius.
Supported by the PwC methodology, the five French private equity players have tested and formalized a common and long-term approach to reducing the greenhouse gas emissions of their investments. Among other actions, they will publish the direct and indirect carbon footprint of these companies as of 2020 in cooperation with their management teams (refer to the appended breakdown of the commitment). The signatories also hope to share both the methodology and the commitments with all sector players that wish to participate in the fight against global warming.