INVL Baltic Sea Growth Fund
Climate Impact & Sustainability Data (2021, 2022-03-22, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Montuotojas replaced 17 cars, reducing fuel consumption and emissions.
- Eco Baltia's "Easy Sorting" campaign recycled 360 tons of electronic waste.
Social Achievements
- InMedica contributed significantly to Lithuania's COVID-19 vaccination and testing efforts.
- MBL partnered with the Polish Wheelchair Rugby Union, providing technical support and product testing.
Governance Achievements
- Developed a proprietary ESG toolkit to measure and compare ESG progress at each portfolio company.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022-03-22
Environmental Metrics
ESG Focus Areas
- Climate Change
- Sustainable Investment
Climate Goals & Targets
Environmental Challenges
- Potential underperformance of sustainable equity investments compared to the market or non-ESG investments.
Mitigation Strategies
- Monitoring of ESG controversies and principal adverse impacts indicators; best efforts to monitor and report on indicators by June 30, 2023.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SFDR Article 9, EU Taxonomy
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:51,771 tonnes of CO2 equivalent
Scope 1 Emissions:22,155 tonnes of CO2 equivalent
Scope 2 Emissions:29,616 tonnes of CO2 equivalent
Scope 3 Emissions:N/A
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Circular economy
- Plant-based food sector
- Climate change
- Energy efficiency
- Waste management
- Health and safety
- Gender pay equity
- Sustainable business practices
- Community engagement
Environmental Achievements
- Metal-Plast, the largest PVC recycler in Poland, supports circular economy.
- Eco Baltia avoided 92,258 tonnes of CO2 equivalent emissions.
- Eglės sanatorija installed solar panels in Birštonas and Druskininkai resorts.
- B2Y started producing toothpaste in aluminum tubes to replace plastic packaging.
- Metal-Plast focuses on closed-loop recycling of PVC window profiles, reducing landfill waste and conserving resources.
Social Achievements
- InMedica Group marked World Aorta Day with a campaign offering free aortic echocardiograms.
- FERN Group implemented LEAN methodologies to streamline processes and improve efficiency.
- Eco Baltia organized a conference and sustainability challenge to promote sustainable practices.
- MBL joined the “Nature Friendly Company Program”.
- MiniVet participated in Annual Pet Wellness Day.
Governance Achievements
- The Fund has integrated the consideration of the PAIs on sustainability factors throughout the investment process based on the Fund’s internal ESG procedure.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Limited data availability for some ESG KPIs, particularly Scope 3 emissions.
Mitigation Strategies
- The Fund is working to improve data collection and reporting.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB, GRI, SFDR
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed