Our commitment to ESG criteria is articulated through a uniform Sustainability Risk Integration Policy, which we apply across all our management companies and portfolio companies throughout the entire investment cycle. We understand sustainability risk as any environmental, social or governance event or condition that, were it to occur, could have a material negative impact on the value of the investment.

We maximize economic returns by managing our funds ethically and applying demanding ESG criteria, with integrity and transparency. To this end, we take into account the principle of “do no significant harm” (DNSH), seeking to ensure that our decisions and the practices of our portfolio companies are consistent with sustainability objectives and minimize adverse impacts on the environment.

The Policy takes as its reference the European regulatory framework –SFDR, the EU Taxonomy, CSRD and, where applicable, the Recovery and Resilience Mechanism (RRM)– and the TCFD recommendations. We have been signatories of the United Nations Principles for Responsible Investment (UNPRI) since 2016 and are committed to the Sustainable Development Goals (SDGs). Its governance rests with the ESG and Corporate Social Responsibility (CSR) Committee, and the Board of Directors reviews and updates it annually.