Demea Sustainable Investment has made a commitment to adopt an approach that respects ESG criteria within the management company and the companies held in its portfolios, the broad outlines of which are described below:
- Presentation of the general approach of the portfolio management company on taking into account social, environmental and quality of governance criteria in the investment policy and, where applicable, in the management of risks
Demea Sustainable Investment's ESG approach is described in its procedure book and in a “Sustainable Development” plan (available on request from management companies).
Generally speaking, this approach is based on the following responsible investment approaches:
- a responsible thematic approach: the funds managed by Demea Sustainable Investment target investments in companies or projects positioned in sectors linked to the environment and energy transition.
- an exclusion approach: the funds managed by Demea Sustainable Investment follow an ethical logic by excluding from their investment policy companies and projects in the following areas: the arms industry and arms trade, the gaming and betting industry, the tobacco and alcoholic beverages industry and cloning human.
The funds managed by Demea Sustainable Investment also act in compliance with the legislation applicable to them in terms of investment.
- the integration of ESG criteria in the analysis of investment files:
An internal audit is carried out based on a questionnaire allowing an evaluation of investments in terms of impact. This questionnaire is given to the investment target companies and then each year to the portfolio companies as part of our annual ESG campaign. Environmental and social issues are also taken into account from the angle of risk assessment during the due diligence phase during which due diligence on social aspects is systematically carried out and due diligence on environmental aspects is generally carried out.
For each company in the portfolio, a summary ESG evaluation grid is also updated each year by the person in charge of monitoring the company, based on the most relevant KPIs for the company, depending on its activity, its size, its sector.
These elements make it possible to evaluate the company's progress on ESG issues, to highlight the points remaining for improvement, and to reflect on the means available to Demea Sustainable Investment to promote these subjects (raising these subjects to the board of directors for example, or through shareholder recommendations).
For Paris Fonds Vert, these internal due diligences will be supplemented by a detailed analysis of the environmental and territorial impact of the company's product and service offering. planned company, carried out by Carbone 4.
- Content, frequency and means used by the entity or portfolio management company to inform its clients:
Each year an ESG report is published on the Demea Sustainable Investment website and sent to subscribers as well as portfolio companies.
- list of organizations of managed collective investment undertakings mentioned in 1° of I which simultaneously take into account social, environmental and quality of governance criteria and share, in percentage, of collective investment undertakings taking into account these ESG criteria: 100%
- FPCI EMERTEC ENERGIE ENVIRONNEMENT (3E): 100%
- FPCI EMERTEC 4: 100%
- SCR Lorrain Materials Fund (FLM): 100%
- FPCI European Materials Fund (FEM): 100%
- FPCI EMERTEC 5: 100%
- FPCI Demeter 3 Bootstrapping: 100%
- FPCI Demeter 6 Bootstrapping: 100%
- FPCI AGRINNOVATION: 100%
- FPCI DEMETER: 100%
- FPCI DEMETER 2: 100%
- FPCI DEMETER 4 INFRA: 100%
- FPCI FMET (Ecological Transport Modernization Fund): 100%
- FPCI Paris Green Fund: 100%
- Possible membership of the entity, or of some of the collective investment undertakings mentioned in 1° of I, to a charter, a code, an initiative or obtaining a label
Demea Sustainable Investment is a signatory of the following initiatives:
- the charter of France Invest,
- the Principles for Responsible Investment (PRI) of France Invest,
- Active member of the ESG commission and the France Invest White Paper publication group,
- Member of the Energy and Ecological Transition for Climate Label Committee (TEEC)
- Founding member of the World alliance for efficient solutions
- Member of the Cleantech Group,
- Member of the Pexe Association,
- Member of the Union of Renewable Energies (RES),
- Member of the Competitiveness Cluster dedicated to the production of carbon-free energy and energy efficiency (CAPENERGIES),
- Member of the Energy Transition Competitiveness Cluster (Tenerrdis).
- Member of the Competitiveness Cluster for Industries and Agro-Resources (IAR).
The following funds have obtained the Energy and Ecological Transition for Climate (TEEC) Label:
- The professional investment capital fund Paris Fonds Vert
- The professional investment capital fund Demeter 4 Infra
- The professional investment capital fund Ecological Modernization Fund of Transport
- General description of the consideration of ESG risks in risk procedures:
Demea Sustainable Investment establishes, implements and maintains an appropriate and documented risk management policy which makes it possible to determine the risks to which the Funds it manages are exposed or could be exposed. Demea Sustainable Investment has developed for each fund a risk map including those associated with social, environmental and governance quality criteria and the exposure of its activities to these risks in accordance with Decree No. 2015-1850 of December 29, 2015 taken pursuant to article L. 533-22-1 of the Monetary and Financial Code.
- Additional information on outstanding assets managed by Demea Sustainable Investment:
Demea Sustainable Investment has no outstanding funds greater than 500 MEUR.