Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Factors (Employee health and safety, workforce management)
• Governance

Environmental Achievements

• Reduced emissions due to restricted air travel related to Covid-19 (quantified data not provided, but expected reduction mentioned)
• Updated Responsible Investment policy to exclude companies with unacceptably high greenhouse gas footprint and no reasonable reduction steps.
• Joined Initiative Climat International (iCI).

Social Achievements

• Expanded philanthropy program to support local initiatives in every IK office.
• Successfully managed the transition to remote work during the Covid-19 pandemic, ensuring employee safety and connectivity.
• Implemented a new ESG monitoring process in the ownership stage.

Governance Achievements

• Bolstered the ESG Steering Committee with two additional members.
• Strengthened ESG integration in pre-investment and exit phases.
• Developed a new climate change risk assessment tool (to be launched in 2021).

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic posing unprecedented global economic, social, and environmental challenges.
• Supply chain disruptions (mentioned in context of 3 V Vets network and veterinary product supply).

Mitigation Strategies

• Dynamic and successful response to the Covid-19 pandemic, including adapting work-from-home policies and IT training.
• Strengthened monitoring of social risks, such as workforce health and safety.
• Improved communications to key stakeholders to maintain transparency.

Supply Chain Management

Responsible Procurement

• Supplier Diversity Policy at Questel

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Global Compact, UN Principles for Responsible Investment (PRI)