Responsible investor

OUR RESPONSIBLE INVESTOR COMMITMENTS

Discover our commitments to the growth of French companies on the territory.

Corporate Social Responsibility (CSR) is an essential vector for growth and the creation of sustainable value. Faced with a changing world, companies are first and foremost a real lever for the economic, social and environmental development of our territories.
Our role as a professional shareholder is to generate responsible, sustainable growth by taking concrete action with the companies we support.

Christophe Deldycke, CEO, Chairman of the Management Board

TURENNE GROUPE, A MISSION-LED COMPANY

At the end of 2022, Turenne Groupe amended its articles of association to become a mission-driven company. This decision was supported by our employees, who are all shareholders in the Group.

Our purpose: “To support the development of value-creating companies by investing professionally and responsibly”.

ENVIRONMENTAL AND SOCIAL OBJECTIVES

Giving as many investors as possible access to the creation of financial and extra-financial value:

1) Creating financial value to remunerate the funds entrusted to us by our private and institutional subscribers;

2) Creating extra-financial value for the benefit of people and their ecosystems by :

  • Implementing initiatives that enable companies to grow and reduce their environmental footprint;
  • Encouraging the sharing of financial value creation for the benefit of the greatest possible number of employees in supported companies;
  • Promoting the creation and development of regional decision-making centers;
  • Promoting diversity and parity, particularly in governance bodies.

OUR COMMITMENTS FOR OUR INVESTMENT PORTFOLIO TO 2030

THE ESG COMMITTEE

Made up of 16 employees representing the Group’s different entities and areas of expertise, and supported by General Management, the « Turenne Engagé pour Demain » Committee proposes distributes and implements the Group’s ESG policy, both within the Turenne Groupe’s investment teams and with the companies we support.

EXECUTIVE COMMITTEE

Defines and validates the Group's ESG policy and CSR strategy.

Christophe DELDYCKE

CEO, Chairman of the Management Board

Benoît PASTOUR

Managing Director

Mounia CHAOUI

Partner, Pharm. D

Anne-Sophie MAES

Investment Director

ESG MANAGER

Guides and coordinates the implementation of the Group's ESG policy and action plan, Supports our holdings in their CSR approach, in support of the investment teams, Mission manager in the context of mission-led company.

Pauline BECQUEY

ESG Director

ENVIRONMENTAL AND SOCIAL OBJECTIVES FOR 2030

Promote the sharing of financial value creation for the benefit of as many employees as possible

100% of profitable companies supported from S2 2023 having implemented a profit-sharing scheme (incentive or profit-sharing scheme or value-sharing bonus).

Increase the number of portfolio companies with a value-sharing scheme extended to at least 10 employees, excluding corporate officers.

2022 RESULT

62 % of companies have implemented a value-sharing mechanism

Supporting the creation and development of regional decision-making centers 

75 % of companies supported in regions outside the Paris region

2022 RESULT

72 % of companies supported in regions outside the Paris region

Supporting our partners in their environmental transition

Formalized environmental footprint reduction targets for :

100 %
of companies in which we are a majority shareholder

75 %
of companies with over 50 employees and sales over €10m for our minority investments

2022 RESULT

43 % of companies with 50+ employees and sales €10m have a formal environmental policy

Promoting diversity and parity, particularly in governance bodies

30 % women on the management committees of our holdings

2022 RESULT

26 % average

TURENNE GROUPE INTERNAL OBJECTIVES AND ACHIEVEMENTS

100% employee ownership

Proximity: 32 investors in our regional offices by 2023

Equal representation on the Executive Committee and 40% women in investment teams

Our commitments since 2010

Our commitments since 2010

INTEGRATING ESG RISKS AND OPPORTUNITIES AT EVERY STAGE OF THE INVESTMENT CYCLE

#1 - Pre-investment

#1

  • Exclusion of certain business sectors
  • Materiality analysis of ESG issues
  • ESG due diligence:
    • Internal due diligence using the Turenne Groupe questionnaire and discussions with management and, where applicable, CSR teams within the company;
    • Analysis of sustainability risks and opportunities;
    • External CSR strategy due diligence on a case-by-case basis, integrating CSR into the company’s strategic challenges and business plan.
  • ESG clause in shareholder agreements.
#2 - Portfolio management #3 - Disposal

SUSTAINABILITY REPORTING

CSR APPROACHES
OUR LEADERS TALK ABOUT IT BEST!

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