Apheon
Climate Impact & Sustainability Data (2021-2022, 2023-2024)
Reporting Period: 2021-2022
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Implemented a plan to reduce carbon emissions by 30% by 2030.
- All offices now use green electricity.
- Offset annual emissions from offices by financing reforestation projects.
Social Achievements
- Launched the ErgonForUkraine project, hosting 80 Ukrainian families.
- Launched the Ergon 1-on-1 Mentoring Program.
- Organized the Ergon Challenge, gathering 1,500 participants from 26 companies.
Governance Achievements
- Launched the "Ergon ESG Best-in-Class Program" to support portfolio companies in becoming ESG best-in-class.
- Systematically include an ESG commitment clause in shareholder agreements since 2021.
- Implemented a social barometer and are working on a follow-up action plan.
Climate Goals & Targets
Medium-term Goals:
- Reduce carbon emissions by 30% by 2030.
Short-term Goals:
- Enhance the reach of the "Ergon ESG Best-in-Class Program".
Environmental Challenges
- Still at the beginning of its ESG journey.
- Need to further improve in many areas.
Mitigation Strategies
- Committed to making progress every day.
- Implementing the "Ergon ESG Best-in-Class Program" across the entire portfolio gradually.
- Fostering collective firm-wide reflection on values to update ESG policies.
Supply Chain Management
Responsible Procurement
- Prioritizing local sourcing
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UNPRI, SFDR
Certifications: CO2 neutral label from Vinçotte
UN Sustainable Development Goals
- SDG 13 (Climate Action)
- SDG 4 (Quality Education)
Initiatives contribute to climate action through emission reduction targets and support for sustainable practices in portfolio companies. Youth and education initiatives contribute to SDG 4.
Reporting Period: 2023-2024
Environmental Metrics
ESG Focus Areas
- Carbon
- Talent, Diversity & Inclusion
- Transparency
- Impact
Environmental Achievements
- 83% of portfolio companies have completed a carbon footprint
- 100% of Apheon's carbon emissions offset
- 100% of Apheon offices use green electricity
Social Achievements
- Launched Apheon Philanthropy, contributing €1.5m since inception
- 7.8/10 satisfaction rate in 2nd social barometer conducted at Apheon
- 88% of new hires at Apheon were women
Governance Achievements
- Launched ESG-linked incentives for Apheon employees and CEOs of portfolio companies
- Launched Apheon Sustainability Committee
- Launched Talent, Diversity & Inclusion task force
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reducing emissions across portfolio companies
- Attracting and retaining talent in a competitive market
Mitigation Strategies
- Developed proprietary methodologies with external partners (Carbone 4, Business & Values, PwC, McKinsey)
- Implemented “Core ESG” and “Impact” programs for portfolio companies
- Implemented “Go Green” and “Talent, Diversity & Inclusion” programs for Apheon
Supply Chain Management
Responsible Procurement
- Code of conduct for suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: PRI, CSRD
Certifications: CO2 neutral label from Vinçotte
Awards & Recognition
- Best ESG Buyout Fund at the ESG AAA European Awards
- 5 stars out of 5 in the UN-backed PRI’s Direct Private Equity assessment