Volpi Capital
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Cyber Security and Data Privacy
- Climate & GHG Emissions
- Employee Engagement and Human Capital
Environmental Achievements
- 7.5% MPG increase at Tesco, 7346 tonne CO2 reduction, 75% reduction in harsh acceleration using Lightfoot's technology
- 7.7% MPG increase at Nviro, 13 tonne CO2 reduction using Lightfoot's technology
- 5.1% MPG increase at Asda, 2482 tonne CO2 reduction, 50% dangerous driving reduction using Lightfoot's technology
Social Achievements
- Received Healthy Place to Work certification in 2023
- Participation in the #10000 Black Interns programme
- Supporting Honeypot Children’s Charity through volunteering and fundraising
Governance Achievements
- 100% of portfolio companies have whistleblowing procedures
- Six portfolio companies achieved ISO 27001 certification, three working towards it
- Regular summits bringing together CFOs, CROs, and CTOs of portfolio companies for shared learning
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Expand initiatives to support portfolio companies on their ESG journey
Short-term Goals:
- Roll out new ESG strategy across Volpi and portfolio companies
- Collect and expand key ESG metrics across portfolio companies
Environmental Challenges
- Ongoing global conflicts and volatile economic markets impacting the technology sector
- Integrating company cultures and leadership teams during mergers and acquisitions
- Managing cybersecurity risks and data breaches
Mitigation Strategies
- Developing a refreshed ESG strategy focused on collaboration and sustainable solutions
- Utilizing external advisors to support successful mergers and acquisitions
- Implementing cybersecurity training, ISO 27001 certification, and a 'human firewall' approach
Supply Chain Management
Responsible Procurement
- Evitec's Sustainable Procurement Policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UNPRI, ILPA ESG Data Convergence Initiative, SFDR
Certifications: Healthy Place to Work, ISO 27001 (multiple portfolio companies)
Awards & Recognition
- Ecovadis Silver medal for Xalient (top 16% in industry)