Sofina supports the Paris Agreement and its net-zero ambitions. We are committed to decarbonising both our operations and our investment portfolio, recognising that our greatest impact lies in our role as a responsible investor.
We actively encourage our portfolio companies to assess their practices and take meaningful action on climate and environmental degradation — reducing risk, creating long-term value, and delivering positive outcomes for society.
Driving Climate Action
We are committed to decarbonizing our operations and our portfolio, and have had our emissions reduction targets validated by the Science Based Targets initiative (SBTi) since 2024. We see our biggest impact coming from our role as a responsible investor: we walk the talk by decarbonizing our own operations, and we work with portfolio companies to review their practices and encourage timely action to reduce climate impact and prepare for climate risks. This way, we help ensure risk exposure is identified and proactively addressed - protecting our financial holdings while benefiting society at large.
Decarbonising our operations
Our greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), aligning with a 1.5°C trajectory. We are committed to reducing our absolute Scope 1 and 2 emissions by 42% by 2030 from a 2023 base year.
To get there, we are electrifying our company car fleet, sourcing renewable electricity across our offices, modernising our buildings, and managing business travel through a group-wide Sustainable Travel and Mobility Policy. We also support nature-based mitigation through a multi-year carbon certificate commitment with Soil Capital.
Decarbonising our portfolio
As a minority investor, our most significant environmental impact lies in how we engage our portfolio companies. We have set a Scope 3 Portfolio Science Based Targets, committing to have 42.3% of Sofina Direct by invested capital hold SBTi-validated targets by 2029.
We pursue this through tailored sustainability roadmaps, SBTi integration at every stage of the investment process — from screening and due diligence to exit — and active engagement through our representation in the decision-making bodies. Progress against this target forms part of our long-term incentive plan (LTIP), reflecting our conviction that sustainability and long-term value creation are inseparable.
Managing climate risk
We conduct structured climate risk assessments across our portfolio, evaluating both physical risks — such as extreme weather and water stress — and transition risks, including carbon pricing and regulatory change. Our approach is aligned with TCFD principles, and climate risk considerations are being progressively embedded into our investment due diligence process.
