Ergon releases its first Corporate Social Responsibility report

As part of its commitments towards environmental, social and governance (ESG) topics, Ergon is releasing today its first Corporate Social Responsibility (CSR) report.

Since its foundation, sustainability has been profoundly rooted in Ergon’s culture, shaped by the longterm philosophy of the many families that are investing in Ergon.

The CSR initiatives that Ergon is implementing are structured around 4 specific commitments: promote ESG throughout the investment cycle, reduce environmental footprint, support youth & education, and report transparently. Over the past year and following the appointment of Patrick Gavoty, Director at Ergon, as Head of CSR, Ergon has further intensified these CSR initiatives, in particular by strengthening the support provided to its portfolio companies in their ESG developments, engaging into a carbon reduction plan at Ergon level, extending the financial support provided by its in-house foundation, further developing initiatives in favour of young people across Europe, and publishing its first CSR report.

“At Ergon, we firmly believe that corporate social responsibility and promoting environmental, social and governance principles contribute to create value. We have therefore placed ESG at the core of our strategy. We see ESG as a fantastic opportunity in which we intend to embark our portfolio companies, investors and various other stakeholders” commented Wolfgang de Limburg, Managing Partner of Ergon.

“As an active shareholder, especially when it typically has a controlling stake in portfolio companies, a fund has a role to play in setting the example and supporting its portfolio companies to be more sustainable. This is what we intend to do at Ergon, in a progressive and pragmatic way, with the objective to improve every day” added Patrick Gavoty, Director and Head of CSR at Ergon.

The report is available at this link.

 

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.