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.