Gimv
Climate Impact & Sustainability Data (2021, 2024)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Climate Change Mitigation
- Climate Change Adaptation
- Transition to a Circular Economy
- Sustainable Use and Protection of Water and Marine Resources
- Pollution Prevention and Control
- Clean Transportation
- Green Buildings
- Access to Essential Services
- Socioeconomic Advancement and Empowerment
- Healthy Sustainable Food
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ICMA Green Bond Principles (GBP) 2018, Social Bond Principles (SBP) 2020, Sustainability Bond Guidelines (SBG) 2018, Loan Market Association (LMA) Green Loan Principles (GLP) 2020, EU Taxonomy
Third-party Assurance: Sustainalytics (Second Party Opinion), Auditor (Limited assurance on allocation reporting)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Climate Change
- Human Rights
- Other systematic sustainability issues
Environmental Achievements
- Disclosed scope 1, 2, and 3 emissions of Gimv's own operations for 2 consecutive years, with FY 2023-24 figures audited (limited assurance).
- Disclosed portfolio-related GHG emissions (scope 3, category 15, non-audited).
Social Achievements
- Upgraded internal ESG DD framework aligned with CSRD and ESRS standards.
- Organized workshops on CSRD readiness for portfolio companies.
Governance Achievements
- Implemented a sustainable finance framework and issued a sustainable bond.
- Actively engaged with portfolio companies on CSRD readiness through workshops and surveys.
Climate Goals & Targets
Medium-term Goals:
- Further refine annual ESG portfolio survey approach.
- Actively engage with portfolio companies to ensure at least 50% measure GHG emissions and increase the number setting reduction targets.
Short-term Goals:
- Reduce Gimv's own scope 1 & 2 emissions by 70% by 2023 compared to 2020.
Environmental Challenges
- Ensuring CSRD readiness across the portfolio.
- Increasing the number of portfolio companies measuring GHG emissions and setting reduction targets.
Mitigation Strategies
- Developed internal tooling to help portfolio companies with carbon footprint calculations.
- Organized workshops and webinars on CSRD and EU Taxonomy.
- Implemented a science-based risk framework to assess portfolio exposure to physical climate risks.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, MSCI, ESRS