Climate Change Data

Bregal Investments

Climate Impact & Sustainability Data (2021-2022)

Reporting Period: 2021-2022

Environmental Metrics

Total Carbon Emissions:85.7 mtCO2e (Scope 1); 111 mtCO2e (Scope 2) in 2021 (offset)
Scope 1 Emissions:85.7 mtCO2e
Scope 2 Emissions:111 mtCO2e

ESG Focus Areas

  • Climate Change
  • Diversity, Equity, and Inclusion (DEI)
  • Governance
  • Community Support

Environmental Achievements

  • Spearheaded the development of Science-Based Targets initiative (SBTi) guidance for the private equity sector.
  • Set firm-wide and investment-level carbon-emission-reduction targets.
  • Increased the size of the Bregal Sustainable Development Fund by 25%, to €50 million.
  • Reduced Bregal’s direct emissions by 50% by 2030
  • Ensured 40% of portfolio companies have set science-based targets by 2025
  • Ensured 100% of portfolio companies have set science-based targets by 2030

Social Achievements

  • Launched the €3 million Bregal Helps Initiative to support portfolio companies and their communities affected by the COVID-19 pandemic.
  • Pledged an additional €2 million to the Bregal Helps Initiative.
  • Engaged a diversity consultant to identify gaps and areas of improvement for US funds.
  • Bregal Unternehmerkapital’s Diversity & Inclusion Committee set specific goals at the investment team and portfolio company level.

Governance Achievements

  • Joined the Net Zero Asset Managers (NZAM) initiative to achieve net zero by 2050 or sooner.
  • Implemented ESG integration throughout the investment lifecycle (due diligence, active ownership, exit).

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions by 2050 or sooner (NZAM commitment).
Medium-term Goals:
  • Ensure all portfolio companies have set science-based targets by 2030.
  • Reduce Bregal’s direct emissions by at least 50% by 2030.
Short-term Goals:
  • Ensure 40% of portfolio companies have set science-based targets by 2025.

Environmental Challenges

  • Supply chain disruptions due to the global pandemic.
  • Achieving portfolio-wide decarbonization.
  • Improving diversity and inclusion across the firm and portfolio companies.
Mitigation Strategies
  • Launched the Bregal Helps Initiative.
  • Developed Science-Based Targets initiative (SBTi) guidance for private equity.
  • Set science-based targets for the firm and portfolio companies.
  • Engaged a diversity consultant and established internal DEI committees.

Supply Chain Management

Responsible Procurement
  • Woom's Supplier Code of Conduct based on UN Global Compact and ILO Standards.

Climate-Related Risks & Opportunities

Opportunities
  • Investments in climate solutions (renewable energy, energy-efficient technologies).

Reporting Standards

Frameworks Used: Science-Based Targets initiative (SBTi), UN Sustainable Development Goals (SDGs), Principles for Responsible Investment (PRI)