During the study of an potential investee company, the investment team conducts a rigourous analysis of the company in order to determine whether the company's activity has a positive impact on the environment or ofr the people, as stated by our investment philosophy. It also includes determining what potential environmental, social or governance issues might arise from the company's activities.
During the due diligence phase of the investment, the investment team can also exchange with our ESG expert committee to collect their views on a potential impact issue.
During the closing phase of an investment, the funds' CEO presents the target company's management team a list of extra-financial criteria, from which the management team has to choose up to 15 criteria. The management team commits to improve its ESG practices along these 15 criteria.
On a yearly basis, we communicate our achievements in terms of responsible investment practices to our LPs and our portfolio companies' positive impact.