Over the course of 2023, l’Atelier d’Amaya has reached its goal of using 100% recycled and recyclable packaging for all products.
This shift reduces waste and helps lower the company’s environmental footprint. Every product now comes in packaging designed to be reused or recycled.
In 2023, Pink Gellac enhanced its employee engagement and well-being practices in collaboration with a new HR partner. The company conducted an employee satisfaction survey, receiving positive results, and is developing an action plan for further improvements. Additionally, Pink Gellac has finalised its employee handbook and updated its health and safety procedures to formalise these efforts.
Pink Gellac is a B-Corp certified company as per October 2024.
Our portfolio company Kamera Express made significant strides in addressing its carbon footprint. After conducting a comprehensive analysis of its scope 1 & 2 emissions, the team set reduction targets aligned with the Science-Based Targets initiative (SBTi).
The company has also implemented software improvements, reducing packaging material and volume when shipping products to clients, further reducing environmental impacts.
Kamera Express also partnered with Regreener to offset a substantial portion of their emissions through carbon capture projects.
Since our acquisition of the company, SoLow has implemented several ESG measures relating to material procurement.
The EU Timber Regulation prohibits the placement of illegally harvested timber and timber products on the EU market.
To adhere to the Timber Regulation, SoLow has set up a Due Diligence System for wood and paper. Going forward, the company will carry out a risk analysis of current suppliers of timber products and start buying 100% FSC-certified wood, cardboard and paper.
Our portfolio company Petrol aims to reduce its environmental impact by increasing sustainable materials used for clothing.
In 2020, Petrol launched a sustainable brand proposition: “The Road to a Cleaner Future”. This sustainable collection contains 25% sustainable styles. Petrol has set the goal of increasing the share of sustainable styles by at least 5 percentage points per year.
By proactively engaging in industry-wide collaboration, we aim to drive positive change. We have helped to establish an ESG Committee within the Belgian Venture Capital & Private Equity Association (BVA) and have shared with its members a set of template policies for portfolio companies.
Since the end of 2022, we have obtained certification as a B Corporation.
As a certified B Corporation, we join a global community of companies dedicated to using business as a force for good, and we look forward to continuing our journey towards a more sustainable and socially responsible future.
We keep our sustainability goals in focus, even when divesting a portfolio company, to make sure that our ethical and environmental values are not left behind.
Under our stewardship, we want to spark and fuel a change of mentality towards sustainability within the portfolio companies that will last beyond our ownership.
Alpine is making strides in reducing packaging impact. In 2020, the company developed a more sustainable packaging line, which contains 98% less plastic per unit.
The packaging is made from FSC-certified cardboard, biodegradable PaperFoam, and a small plastic ‘window’ made from recycled plastic.
The sustainable packaging line is implemented in 2021 for Alpine’s 6 best-selling products. Alpine is a B-Corp certified company as per May 2024.
We are committed to achieve our ESG objectives, ensuring they are translated into annual action plans featuring impactful priority projects and, where appropriate, concrete targets.
From the very beginning of our investment screening process, we prioritize ESG considerations, recognizing their importance in shaping our investment decisions.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation.