TheClubDeal takes seriously the manner in which it does business. From ESG (Environmental, Social, and Governance) objectives, to commitments and charters, it follows best practices, as described hereunder.
MISSION, PURPOSE AND VALUES
TheClubDeal is committed to aligning its practices in terms of taking Intangible Capital criteria into account with the best practices in the private equity investment sector and in the corporate sector in general.
Beyond its societal commitment to contribute to the competitiveness of its local eco-systems, through the injection of strategic growth capital,
TheClubDeal shares the convictions expressed by many professionals on environmental, social and corporate governance opportunities and risks, namely that “companies that take Intangible Capital into account show better growth, are more profitable and can achieve greater cost savings”.
Our commitment: when reviewing investments, TheClubDeal systematically analyses environmental, social, human and governance issues in its reporting documents such as the IT Score.
These analyses are based on the elements collected through an Intangible Capital questionnaire sent to each portfolio company (wholly or partly owned by TheClubDeal TheClubDeal Club I and TheClubDeal Fund II).
- When an environmental risk is identified during due diligence, TheClubDeal requests an audit to assess its impact. If it is found that the target company’s activity does not comply with the elements of Intangible Capital, the decision is made not to proceed with the investment.
- Promotion of best practices in energy and water conservation. TheClubDeal has implemented initiatives to reduce the environmental footprint: waste recycling, energy reduction measures in the premises, measures to reduce the consumption of paper resources, ink etc. TheClubDeal solicits the companies it accompanies for the same monitoring of the optimization of consumption and encourages it to impose its suppliers to follow similar policies.
- Furthermore, TheClubDeal will not invest in the following sectors
o Mining industries,
o Industries related to the production or use of coal,
o Oil production and distribution lines,
o Equipment for nuclear power plants,
o Intensive fishing using drift nets,
o Producers of asbestos or PCB substances,
o Agricultural companies operating in protected areas,
o Palm oil production,
o Trade in protected animals or plants,
o Tobacco and hard drug industries,
o Military-oriented industries active in the development, production and distribution of weapons of war, nuclear, chemical, biological or other armaments and munitions,
o Companies accused of corruption, or likely to have a negative impact on the environment,
o Companies involved in gambling or related to pornography and the sex industry,
o Companies whose activities, products or services are deemed illegal under any applicable law, regulation or global convention in the relevant jurisdiction,
o Companies that use expropriation for their activities,
o Entities with 25% or more, directly or indirectly, in a business located in a tax haven recognised by the European Union,
o Companies with suspected corruption or abuse of their workers,
o Companies that use child labour, forced labour or do not respect their employees.