A dedicated ESG team
Eurazeo created its dedicated ESG team in 2008. Its main role is to ensure the proper implementation of the ESG strategy within the Group and its investments. This mainly includes supporting the various teams on ESG issues related to their activity. Comprised of seven full-time members, it is led by Sophie Flak, Managing Partner ESG & Digital and member of the Executive Board.
ESG at the Supervisory Board
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, Mr. Roland du Luart and Mrs. Stéphane Pallez and is chaired by Mr. Emmanuel Russel representing JCDecaux Holding SAS.
A network of ESG delegates
Since 2021, the ESG team has been supported by ESG delegates in each investment team. 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 strengthens the alignment of interests between its stakeholders by incorporating ESG objectives in up to 15% of the annual variable compensation of its Management. After the Executive Board members in 2014, the Managing Partners in 2019, and the investment team member of funds classified Article 9 in 2022, Eurazeo is currently extending the practice to the Managing Directors.