Motion Equity Partners has reaffirmed its commitment to the fight against climate change by signing the Initiative Climate (iC20)
Motion Equity Partners has reaffirmed its commitment to fight against climate change with the decision to sign the Initiative Climate 2020 (iC20).
iC20 is an initiative from the French private equity industry to support the monitoring and reduction of greenhouse gas emissions to limit global warming to two degrees Celsius, in line with COP21 objectives.
Motion Equity Partners thus engages in a long-term approach to reduce greenhouse gas emissions of its portfolio companies and secure sustainable performance by including the materiality of this issue. Concretely, this will translate in the annual assessment of each portfolio company’s carbon footprint, with the dual objective of being able to monitor their evolution over time (and reduce it) and to raise awareness from Management teams on these issues.
« As majority or reference shareholder, Motion Equity Partners must actively support its portfolio companies in the reduction of their impact on climate. Our iC20 commitment formalises the integration of climate change stakes in our investment approach » stated Patrick Eisenchteter, Managing Partner at Motion Equity Partners.
The full version of the iC20 Charter can be downloaded here
Motion Equity Partners is a signatory of the United Nation’s Principles for Responsible Investment, and of the Charter of Commitments for Investors in Growth of the French Private Equity Association (France Invest, ex-AFIC).