Ergon announces the appointment of Patrick Gavoty, Director at Ergon, as Head of Corporate Social Responsibility

In this newly created role, Patrick Gavoty will be responsible for initiating Environmental, Social and Governance (ESG) initiatives throughout our pan-European offices and portfolio companies, ensuring the sharing of best practices, supporting deal teams and portfolio companies in their ESG developments and ultimately heading Ergon’s overall Corporate Social Responsibility (CSR) strategy.

Patrick Gavoty, director in the Paris office, joined Ergon 10 years ago after 5 years spent at Goldman Sachs in London. Alongside his professional career, Patrick Gavoty has had multiple personal commitments both in large organizations such as UNICEF, the United Nations’ entity dedicated to children, where he was responsible in Paris for coordinating their youth program, and in selfdeveloped charities in relation to underserved young people or children affected with cancer. In 2019,
Patrick was awarded with the ESSEC Pioneer Prize, which rewards each year the excellence, humanitarianism and societal commitments of a graduate of this French business school.

Wolfgang de Limburg, Managing Partner of Ergon, stated: “ESG and responsible investment principles are consistent with Ergon’s DNA and values, and are therefore at the heart of our strategy to ensure long-term success and maintain the trust we receive from investors, business partners, management teams and employees. In this context, we are glad that Patrick takes on this new role where he will contribute with his knowledge and experience of both the private equity industry and the social
impact ecosystem”.

Patrick Gavoty added: “With 6 offices and 15 portfolio companies throughout Europe, we have at Ergon a true responsibility and ability to take our part in impacting positively the society. In this context, I am glad to take on this new responsibility with the view to further strengthen and accelerate our collective impact alongside our various stakeholders”.

 

 

Our manifesto: contributing to the development of sustainable finance

Sustainability generates long-term and higher value

Apheon’s ambition is to contribute to the development of sustainable finance by placing sustainability at the core of its strategy and demonstrating by example that it delivers higher and better value for portfolio companies and investors.
 
We are convinced that businesses that respect the planet, that look after their employees and that support their communities will in turn attract the best talent, differentiate themselves from their competition and ultimately emerge as the strongest in the future.

A holistic and collective approach

To succeed with this strategy, Apheon believes a holistic and collective approach is fundamental.

Holistic: it is essential that all aspects of ESG are equally and continuously supported. This is why we are active at every stage of the investment cycle by applying proprietarily developed methodologies and initiatives which are built on 5 priorities covering the broad ESG spectrum:

  • Sustainable revenues (strategy): increasing, when applicable, the share of revenues which directly benefit the environment and/or society

  • Carbon (environment): reducing emissions

  • Talent (social): creating a positive working environment which will attract, develop and retain the best talent

  • Youth, diversity and inclusion (societal): fostering a more inclusive society

  • Transparency (governance): reporting on metrics transparently, and being transparent on potential obstacles
Collective: we believe that it is only through collective action that we can create significant impact. This is why it is our intention to pull together Apheon’s entire ecosystem to undertake our ESG initiatives. This includes mobilizing our employees, portfolio companies, investors, external experts, charitable organizations, public institutions and peers. At this time of global transition, we believe that sustainable finance plays a key role in advancing towards a sustainable planet and society. Financial players, in particular private equity firms such as Apheon, are in a position to drive forward action by leveraging their business model of transforming companies. Apheon is keen to play such role and to move forward every day with humility but also conviction.