VENTURE CAPITAL :
An 'exclusion' approach has been established based on formal ESG criteria.
As such, NewAlpha does not invest in companies:
1) whose business is to manufacture or market key components of landmines and / or cluster bombs, as well as to finance companies whose
the activity is related to socially sensitive subjects (tobacco, pornography, gambling, etc ...)
2) found guilty of violations of international standards generally relating to human rights, working conditions, corruption or protection of the environment
During the selectin process the investment team also focuses on 7 ESG criteria, ranging from sensitivity to carbon-footprint to compensation policies, to evaluates each company's ESG implementation efforts.
As part of its management policy, an ESG audit will be performed at the time of acquisition and at the time of exit.
The fund will systematically perform an ESG audit before making an investment. This audit will cover environmental, social and governance issues. It will take place, either in Due Diligence phase (before exclusivity), or in exclusivity period (as part of confirmatory audits before signing the acquisition / signing contract).
These ESG audits will be conducted by EcoCert (www.ecocert.fr), which has agreed to develop this new activity of Due Diligence ESG for SMEs, in partnership with NewAlpha.