At pre-due diligence stage Miura has an initial screening checklist for new investment prospects which include matters such as whether the company has risk management procedures set, or has an internal code of conduct and whether it complies with all relevant standards and regulations.
At due-diligence stages, specific ESG analysis is carried out by our external advisors, Deloitte, of the prospect portfolio company.
This due-diIligence is based on a material analysis to identify the risk, opportunities and red flags related to the company business model and activity.
The results of these due-diligence are also taken into account along with other ones such as financial, tax, labour, etc. meaning that they also have a weight in the final decision to invest or not.
During the investment period our portfolio companies are strengthened with regards to ESG capacities and we encourage them to implement their own ESG policies and SDG contributions, with a set or yearly reviewed action plans and a reporting of specific KPI's.
At divestment stages we encourage that the standards achieved on ESG aspects continue being fulfilled by the new managers.