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Sophie Flak
Member of the Executive Board
Managing Partner - ESG and Digital Director
28/04/2021 -
2
mins
Working towards shared, sustainable prosperity
At Eurazeo, we have pioneered and championed responsible and sustainable investing for more than 20 years. We truly believe that ESG (environmental, social, governance) boosts our performance and value creation, and benefits all of our stakeholders. Amid the deepening climate emergency and social inequalities, it’s crucial for us to pick top-performing, resilient businesses pointing the way forward to a new economic, environmental and societal paradigm. We support them as they embark on this journey.
Private equity currently accounts for between 5% and 10% of GDP in Europe and the United States. We have a responsibility and an ability to take positive action that affects real change. That guides us in our efforts to reconcile inclusion, environmental stewardship and performance.
Mindful that climate change and social inclusion are the significant challenges of our era, we have made them the two founding pillars of O+, the next stage in our ESG strategy.
- We are targeting carbon net neutrality by 2040 at the latest , in line with the methodology adopted by the Science Based Targets Initiative (SBTi). We will strongly encourage businesses in our portfolio to take climate action, too.
- We will also take steps to reduce the widening inequalities within society. Now more than ever, we are striving to promote inclusion in all its various forms — work opportunities, social protection, gender balance, diversity, and a community focus.
We are facing critical issues. With O+, we are determined to drive shared and sustainable prosperity.
