Eurazeo strives to adhere to the highest standards in the management and oversight of sustainability issues at the group level.
A dedicated ESG & Impact team
Eurazeo has had its dedicated ESG team since 2008. Its main role is to define and ensure the proper implementation of the sustainability strategy within the Group and its financed companies. This mainly includes supporting the various teams on ESG issues related to their activity. Comprised of eight full-time members, it is led by Sophie Flak, member of the Executive Board and Managing Partner - Sustainability & Impact.
ESG at the highest levels of governance
A CSR Committee was created within the Supervisory Board in 2014 to support the Board’s thoughts and views on ESG topics, anticipate risks and opportunities, and make recommendations on the Group's ESG strategy. It is currently composed of Mrs. Mathilde Lemoine, Mrs. Stéphane Pallez and is chaired by Mr. Emmanuel Russel representing JCDecaux Holding SAS. Sustainability matters are also represented on the Executive Board by Sophie Flak, Managing Partner - Sustainability & Impact, who is one of the four members of this governing body.
An internal network of 35 ESG delegates
Since 2021, members of Eurazeo's ESG and Impact team have been supported by an internal network of ESG delegates. Building on the success of this practice within the investment teams, Eurazeo extended it in 2023 to twelve other teams: Finance and Operations, Legal, Compliance, Risk and Audit, Investor Relations, Digital, Human Resources, Communication, Client Coverage, Wealth Solutions, Marketing, and Product and Client Services Development.
As key contact points for the ESG team, they coordinate ESG activities within their team in order to facilitate the deployment of ESG progress plans and strengthen synergies. Beyond their involvement in Eurazeo’s operations, some of them also sit on committees and/or take part in roundtables or workshops set up by trade associations.
ESG in the compensation schemes
Eurazeo integrates sustainability objectives into compensation schemes to align stakeholder interests with its sustainability strategy, fostering long-term value creation. They represent 15% of the annual variable compensation of Executive Board members since 2014, Managing Partners since 2019, and Managing Directors since 2023, and also form part of the carried interest for investment teams of funds disclosed under Article 9 (SFDR).
