As described in the ESG Report 2019-2020 available on this website, the investment teams integrate sustainable risks during the investment decision phase on behalf of the fund they manage.

• An ESG audit is carried out and commissioned by IXO Private Equity during the pre-investment phase for cases in which our FPCI funds are leaders and for our FIP funds for which we are major in order to identify and analyze all the social, environmental and governance considerations of the company concerned by the audit. Our teams are particularly attentive to the following subjects:
  • Gender equality (in line with the commitment made to France Invest),
  • The fight against climate change (in line with our participation in the Climate Initiative),
  • Employment (under the double aspect of the quantity and quality of jobs) (in accordance with the demand of some of our subscribers).

In addition, ESG surveys allow us to establish diagnosis on the basis of figures, quantitative, or qualitative data and the information used is financial or extra financial.

• If critical points are identified, the investment decision may be negative, or a commitment to remedy them quickly may be formalized within the protocol or shareholders’ agreement of the target company. If no critical point is identified, a selected improvement axis will be formalized in an action plan during the first committee with the company.
• Once a year, for our investments in FPCI and FIP for which we hold the majority, we take stock with the managers of the company invested by our funds in order to verify that the commitments made have been respected or that they are on track to be or, if applicable, that the action plan is being implemented.

In addition, iXO Private Equity is committed to the fight against climate change through the IC20 signing (Climate Initiative 2020) and is also a signatory of UNPRI, which cooperates with an international signatories’ network with the aim of applying the six Principles for Responsible Investment (these principles are available in the UNPRI document in the ESG tab). It should also be noted that we are a signatory of the France Invest charter on gender parity, thus placing gender equality at the core of our concerns.

On March 10th, 2021, iXO Private Equity does not take into account in its remuneration policy positive or negative effects on sustainability factors, as identified by Regulation (EU) 2019/2088 of the European Parliament and by the Council of November 27th 2019 on the publication of sustainability information in the financial services sector, which could have investments made by the funds managed in portfolio companies.

iXO Private Equity aims to systematically consider and measure main negative impacts of its investment decisions on sustainability factors. To do this, iXO Private Equity plans to define and integrate new sustainability indicators in the data collection, as well as their calculation and plans to be able to assess its main negative impacts by June 30, 2022, in the limit of existing data.