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Abac Solutions Manager S.à r.l.

PRI reporting framework 2019

You are in Strategy and Governance » Innovation


SG 18. Innovative features of approach to RI

18.1. Indicate whether any specific features of your approach to responsible investment are particularly innovative.

18.2. Describe any specific features of your approach to responsible investment that you believe are particularly innovative.

1) Abac's motto is "sustainable value investing". When we aproach advisors or potential target companies we always try to incorporate ESG in our speech; We believe that Responsible Investing generates long-term value for the fund, for its portfolio companies and their employees, and for society at large. 

2) To promote Abac employees involvement in generating new ideas to improve sustainability at Abac and the fund's portfolio companies, we established a symbolic award ("Abac's ESG Prize"), awarded at the end of the year to that employee that, based on everyone's feedback, did the most to foster our committment to Responsible Investment. We also recognised that employee who came up with the best initiative to promote sustainability either at the company or at one of the fund's portfolio companies.

3) Once a year, we assemble the "ESG Champions" at each portfolio company and spend a day together with other Abac representatives (including Abac's ESG Champion) to share best practices and brainstorm on potential initiatives to implement in the portfolio.