Our ESG approach
During 2023, CEECAT Capital has further developed and enhanced its ESG Policy to align with SFDR regulation. For CCL CEECAT Fund II SCSp (”CEECAT II” and/or “the Fund”), CEECAT Capital has taken a further step and enhanced its accountability and dedication to sustainable growth by classifying this product as Article 8.
CEECAT Fund II has adopted a 2-level strategy that aims to promote common characteristics for all investments as well as specific characteristics per sector. The strategy encompasses strategic targets from a portfolio point of view and then drills down into targets based on sector considerations taking into account the specific circumstances of each company.
| Portfolio-wide objectives | Sector-specific objectives | Sector-specific objectives |
|---|---|---|
| Mitigating global warming by promoting initiatives to monitor and reduce greenhouse gas emissions | Manufacturing industry: – Promote the use of production of renewable energy and improve energy efficiency – Promote health & safety for employees and subcontractors |
Consumer goods: – Improving the sustainability in purchasing (raw material sourcing, other purchases) – Promoting the revaluation of products |
| Ensuring a better representation of women in governance bodies by implementing diversity and gender policies | Healthcare: – Ensuring employee loyalty, satisfaction and retention through value sharing – Promote health & safety and well-being at work |
Consumer services/retailers: – Promoting waste reduction – Promote health & safety and well-being at work |
| Promoting the involvement of portfolio companies in local communities development | Tech & Business Services: – Promote the integration of young employees and support their promotion – Promote eco-responsible digital or green IT to reduce the social, economic and environmental footprint of digital processes |