We are active investors and participate in board meetings and internal committees, bringing best practices and sharing knowledge from our experience in other companies. As such, we believe that we contribute to the continuous improvement of the ESG management in our portfolio companies.
In addition, during the ESG DD phase, we identify potential improvement opportunities in ESG related issues, that become actions in the ESAP, that are than monitored on a regular basis after we take control of the company
Starting in 2019, we appointed one senior executive at each portfolio company to be the person responsible for ESG in all of our VCP III companies. This person will have to report to Vinci Partners, on a quarterly basis, the KPIs that have been defined. We started with 7 KPIs (covering environmental, social and governance themes) and will evolve in the future.