Purpose & Patience, our two guiding principles in our investments, also apply to Sofina’s approach towards sustainability. As an investment company, we adopt a two-fold approach towards sustainability: as a responsible investor and in our operations.
Sofina as a Responsible investor
We build relationships with partners who share our values and approach towards sustainability.
We are committed to making continuous progress to move from mitigating ESG-related risks alone to making a net positive impact through our investments and our stewardship.
At Sofina Direct:
- We target companies having a net positive impact through their products and services and/or through the way they operate from an ESG perspective.
- We engage with our portfolio companies to encourage and support them in their journey to embed sustainability into their strategy, improve their ESG governance and performance and in developing products and services that could bring environmental or social benefits.
At Sofina Private Funds:
- We target General Partners that incorporate sustainability into their investment strategy and operations.
- We aim to reduce the environmental footprint of our portfolio companies, through discussing their sustainability roadmaps with them and monitoring and encouraging them to develop greenhouse gas (“GHG”) emissions reduction targets in line with the goals of the Paris Agreement.
Sustainability in our operations
Sofina tackles ESG considerations as a company with an equal focus on the environmental, social and governance aspects. In this respect, we take many initiatives to be sustainable, to minimise as far as possible our environment footprint and to have a positive impact on our communities and stakeholders. To frame this ambition, we focus on:
Environment
Striving to reduce our environmental footprint
Raising awareness on environmental issues
Social
Promoting diversity, equity and inclusion in the workplace
Being a responsible and caring employer
Supporting initiatives
that foster cultural and social development
Governance
Applying the best governance practices
Maintaining high standards of compliance, ethics, and integrity