OUR REPORTING & ENGAGEMENT
We are pleased to share our 2023 Annual ESG Report which communicates our responsible investment approach, our ESG strategy and our portfolio companies’ journey on ESG.
Read our 2023 Annual ESG Report here.
2023 ANNUAL ESG REPORT
UN PRINCIPLES FOR RESPONSIBLE INVESTMENT
MidEuropa is a signatory of the UN Principles for Responsible Investment (UN PRI)
An international network of investors working together to put the Principles for Responsible Investment into practice. The initiative aims to help incorporate ESG issues into the investment decision making and ownership practices. Every year the UN PRI signatories are evaluated against the implementation of these principles.
ESG DATA CONVERGENCE INITIATIVE
MidEuropa is a member of the ESG Data Convergence Initiative (EDCI), led by the Institutional Limited Partners Association (ILPA) and supported by Boston Consulting Group (BCG).
The EDCI aims to streamline the private investment industry’s collecting and reporting of ESG data to create a critical mass of meaningful, performance based, comparable ESG data from private companies.
In 2023 we updated our annual ESG data collection process to include the EDCI metrics on greenhouse gas emissions, renewable energy, board diversity, work-related injuries, and employee engagement. By sharing this information we are contributing to important ESG data collection used to benchmark the performance of our portfolio against its peers whilst also providing greater transparency on ESG performance.
INITIATIVE CLIMAT INTERNATIONAL
MidEuropa is a member of the Initiative Climat International, an organisation supported by the UN PRI.
The ICI is a collective commitment from private equity investors to manage the risks and opportunities associated with climate change by integrating the materiality of climate risk into the investment process and supporting portfolio companies to reduce their carbon emissions.
MidEuropa is a member of Invest Europe, an association representing Europe’s private equity, venture capital and infrastructure sectors and their investors.
MidEuropa is a sponsor of Level 20, the not-for-profit organisation established to inspire women to join and succeed in the private equity industry.
Our firm supports Level 20’s mission to encourage greater female representation across the private equity industry with the goal of having 20% of senior positions in the industry held by women and with a particular focus on increasing the number of women in investment roles.
We encourage our employees irrespective of gender to be active members of Level 20 by contributing to Level 20-led research, discussion groups and outreach events and participating in the annual mentoring programme. Our firm’s engagement with these activities is led by our internal Level 20 Ambassador.
H STEPIC CEE CHARITY
MidEuropa currently sponsors Stepic CEE Charity, a charity that provides a lifeline for vulnerable children and disadvantaged adolescents and women in Central and Eastern Europe through focused projects.
We also encourage our portfolio companies to participate in, and contribute to their local communities. Our portfolio companies are involved in a variety of charities, not only through financial support, but also through donation of services and resources.
Our portfolio companies across the Healthcare, Services, Consumer and Technology sectors strive to make ESG improvements.
Our approach to managing ESG across our portfolio and in our operations focuses on value creation.