Climate Change Data

Capvis AG

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:25.6 ktCO2e (+6%)
Renewable Energy Share:100% (Swiss office)
Total Energy Consumption:59.7 GWh (+9%)
Carbon Intensity:15.9 tCO2e/€m revenue (-5%)

ESG Focus Areas

  • Climate Change
  • Diversity and Inclusion
  • Governance

Environmental Achievements

  • Reduced electricity intensity, carbon intensity, and carbon footprint by over 20%
  • Sourced 100% renewable electricity (hydropower) in Swiss office

Social Achievements

  • Increased total number of female employees by 14%
  • Embedded diversity and inclusion in investment and assessment processes
  • Hosted an ESG due diligence workshop for the team

Governance Achievements

  • Expanded ESG sections in investment committee documentation
  • Completed climate change risk and opportunities analyses in company assessments
  • 88% policy implementation level across portfolio companies

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions
Medium-term Goals:
  • Extend scope of climate change analysis
  • Monitor diversity and inclusion KPIs and initiatives
Short-term Goals:
  • Increase renewable electricity usage
  • Improve governance structures
  • Reduce carbon footprint

Environmental Challenges

  • COVID-19 impact on carbon intensity figures due to paused travel
  • Lack of available data for new company assessments impacting KPI submission
Mitigation Strategies
  • Exploring methods of emissions reduction to counteract travel resumption
  • Envisioning 100% KPI submission in the future

Supply Chain Management

Supplier Audits: ESG supplier audit program introduced (Variosystems), Workplace Condition Audits (Gotha)

Responsible Procurement
  • Supplier Code of Conduct (Gotha, Variosystems)
  • Responsible sourcing of conflict materials (Variosystems)

Climate-Related Risks & Opportunities

Physical Risks
  • Water risk
Transition Risks
  • Policy and legal concerns related to NECPs
Opportunities
  • Developing products/services that improve energy efficiency

Reporting Standards

Frameworks Used: TCFD, SDGs, UNPRI

UN Sustainable Development Goals

  • SDG 1
  • SDG 8
  • SDG 12
  • SDG 13
  • SDG 16

Portfolio companies completed 27 SDG projects and defined 47 new SDG projects in 2021

Sustainable Products & Innovation

  • Next Generation Metering Machine (Hennecke)
  • Ecofiller (Hennecke)
  • High-precision spraying solutions (ARAG)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:140 tCO2e
Renewable Energy Share:25%
Total Energy Consumption:574 MWh
Carbon Intensity:13 tCO2e/€m revenue

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance

Environmental Achievements

  • -18% portfolio-wide reduction in carbon intensity from 2021 to 2022
  • Increased procurement of renewable energy
  • 43 SDG aligned projects completed in 2022 by portfolio companies
  • 99% core sustainability policies implemented across the portfolio

Social Achievements

  • Named one of the top ten Best Workplaces™ in Switzerland in the small workplaces category by Great Place to Work
  • Increased share of applications from women to 69% in 2022
  • Hosted Women in PE event and Level 20 round table
  • No incidents of harassment or discrimination reported in 2022
  • Renewed Great Place to Work certification for the fourth time

Governance Achievements

  • Hiring a dedicated ESG Programme Manager
  • Completed ESG roadmap
  • Joined ESG Data Convergence Initiative (EDCI)
  • Four portfolio-wide compliance trainings conducted in 2022
  • UNPRI rating of 4 out of 5 stars in both modules

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Support portfolio companies in performing a scope 3 emissions assessment
  • Implement TCFD guidelines into due diligence process
  • Become a member of the EDCI and implement its standard across the portfolio

Environmental Challenges

  • Measuring and reporting scope 3 carbon emissions
  • Increasing female representation at senior levels
Mitigation Strategies
  • Working with portfolio companies to develop plans to measure scope 3 emissions
  • Implementing initiatives to increase diversity and awareness in the workplace
  • Partnering with organizations like UNPRI and Great Place to Work

Supply Chain Management

Responsible Procurement
  • Supplier code of conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters and extreme weather
Transition Risks
  • Decarbonisation and supply chain management regulations
Opportunities
  • Development of products and services that help others comply with EU targets

Reporting Standards

Frameworks Used: UNPRI, EDCI, TCFD, SDGs

Certifications: Great Place to Work

UN Sustainable Development Goals

  • SDG 1
  • SDG 8
  • SDG 12
  • SDG 17

Portfolio companies define and pursue annual projects that align with selected SDGs. Each portfolio company’s product or service proposition is linked to certain SDGs.

Sustainable Products & Innovation

  • Next-generation metering machines (Hennecke)
  • Plastic-free packaging (Amann Girrbach)

Awards & Recognition

  • Great Place to Work
  • UNPRI 4 out of 5 stars