commitmentS
We believe that, as responsible investors, we should lead by example, applying, testing, and using what we advise or ask of our entrepreneurs ourselves. To do so, we adapted our structure, governance and KPIs to practice what we preach.
Our governance relies on several entities that help us anticipate and achieve key ESG initiatives that can be replicated within our portfolio companies and vice versa.
We also think that public commitments through grouped initiatives are necessary to build and uphold a sustainability trajectory. This is why we signed the Principles for Responsible Investment (PRI), the "Parity Charter" drafted by France Invest; the SISTA charter; the “Climate Act” and "Sobriety Commitment" charters of the digital and telecommunication industries developed by the French Ministry of Energy Transition; and other initiatives supported by the management and employees. Our extra-financial practices sum-up is available in the following 29 LEC report.
Our governance relies on several entities that help us anticipate and achieve key ESG initiatives that can be replicated within our portfolio companies and vice versa.
We also think that public commitments through grouped initiatives are necessary to build and uphold a sustainability trajectory. This is why we signed the Principles for Responsible Investment (PRI), the "Parity Charter" drafted by France Invest; the SISTA charter; the “Climate Act” and "Sobriety Commitment" charters of the digital and telecommunication industries developed by the French Ministry of Energy Transition; and other initiatives supported by the management and employees. Our extra-financial practices sum-up is available in the following 29 LEC report.
When we consider an investment, we assess sustainability topics as we would any legal or financial aspect of the decision. Sustainability simply must be evaluated and taken into account ahead with funding a company. This is why we evaluate the sustainability risks of an investment thanks to a sustainability analysis grid. We developed a grid based on a red-flag approach in which questions depend on the maturity of the target (3 levels: Seed, Series A/B, Growth).
As a follow up, all term sheets and shareholders agreements signed with companies include sustainability reporting and disclosure requirements regarding sustainability issues.
We are also convinced that reporting, monitoring, action planning, and sharing knowledge are key to improving the sustainability of our companies. To effectively monitor the evolution of our portfolio companies from a sustainability point of view, we have set up a yearly reporting grid. Its results are shared with our LPs every year.
Finally, as committed investors, we truly believe that mentoring and providing adequate support play a integral role in tackling ESG issues as well as inspiring and structuring sustainability initiatives within our companies. We stand by our our entrepreneurs, and we consider it our duty to initiate and nurture strategic approaches to sustainablity by offering them actionable toolkits and ad-hoc material, workshops, and networks that help them address social, governance and environmental topics.
As a follow up, all term sheets and shareholders agreements signed with companies include sustainability reporting and disclosure requirements regarding sustainability issues.
We are also convinced that reporting, monitoring, action planning, and sharing knowledge are key to improving the sustainability of our companies. To effectively monitor the evolution of our portfolio companies from a sustainability point of view, we have set up a yearly reporting grid. Its results are shared with our LPs every year.
Finally, as committed investors, we truly believe that mentoring and providing adequate support play a integral role in tackling ESG issues as well as inspiring and structuring sustainability initiatives within our companies. We stand by our our entrepreneurs, and we consider it our duty to initiate and nurture strategic approaches to sustainablity by offering them actionable toolkits and ad-hoc material, workshops, and networks that help them address social, governance and environmental topics.