62 % of companies have implemented a value-sharing mechanism
Corporate Social Responsibility (CSR) is an essential vector for growth and the creation of sustainable value. Faced with a changing world, companies are first and foremost a real lever for the economic, social and environmental development of our territories.
Our role as a professional shareholder is to generate responsible, sustainable growth by taking concrete action with the companies we support.
TURENNE GROUPE, A MISSION-LED COMPANY
At the end of 2022, Turenne Groupe amended its articles of association to become a mission-driven company. This decision was supported by our employees, who are all shareholders in the Group.
Our purpose: “To support the development of value-creating companies by investing professionally and responsibly”.
ENVIRONMENTAL AND SOCIAL OBJECTIVES
Giving as many investors as possible access to the creation of financial and extra-financial value:
1) Creating financial value to remunerate the funds entrusted to us by our private and institutional subscribers;
2) Creating extra-financial value for the benefit of people and their ecosystems by :
- Implementing initiatives that enable companies to grow and reduce their environmental footprint;
- Encouraging the sharing of financial value creation for the benefit of the greatest possible number of employees in supported companies;
- Promoting the creation and development of regional decision-making centers;
- Promoting diversity and parity, particularly in governance bodies.
OUR COMMITMENTS FOR OUR INVESTMENT PORTFOLIO TO 2030
ENVIRONMENTAL AND SOCIAL OBJECTIVES FOR 2030
Promote the sharing of financial value creation for the benefit of as many employees as possible
100% of profitable companies supported from S2 2023 having implemented a profit-sharing scheme (incentive or profit-sharing scheme or value-sharing bonus).
Increase the number of portfolio companies with a value-sharing scheme extended to at least 10 employees, excluding corporate officers.
2022 RESULT
Supporting the creation and development of regional decision-making centers
75 % of companies supported in regions outside the Paris region
2022 RESULT
72 % of companies supported in regions outside the Paris region
Supporting our partners in their environmental transition
Formalized environmental footprint reduction targets for :
100 %
of companies in which we are a majority shareholder
75 %
of companies with over 50 employees and sales over €10m for our minority investments
2022 RESULT
43 % of companies with 50+ employees and sales €10m have a formal environmental policy
Promoting diversity and parity, particularly in governance bodies
30 % women on the management committees of our holdings
2022 RESULT
26 % average
TURENNE GROUPE INTERNAL OBJECTIVES AND ACHIEVEMENTS
100% employee ownership
Proximity: 32 investors in our regional offices by 2023
Equal representation on the Executive Committee and 40% women in investment teams
Our commitments since 2010
Our commitments since 2010
2023
Our commitments since 2010
2023
Turenne Groupe becomes a mission-led company
2021
Turenne Groupe's 1st Bilan Carbone
and set up GHG reduction plans, with the aim of putting the Group on a reduction trajectory in line with the Paris Agreement. Turenne Groupe becomes a signatory to the Climate Act and publishes its carbon footprint.
2021
Creation and management of the Nov Relance Impact Fund
A tool for boosting business development and buyout capital in France’s regions.
2020
France Invest's Charter for Gender Parity
2019
International Climate Initiative Working Group
2019
Working with the Association Banlieux Sans Frontière en Action
2018
Turenne Groupe CSR Committee & Appointment of a CSR Manager
with a representative from each sector and regional team
2016
CAP 3RI management
The investment company of the third Industrial Revolution. Objective: to establish a new, low-carbon, sustainable economy in the Hauts-de-France region.
2014
France Invest's Responsible Investor Charter
Involved in France Invest’s ESG and Impact Commissions
2013
CSR working group
Defining our policy and supporting our investments
2012
Signature of the UN PRI
Principles for Responsible Investment supported by the United Nations
2012
The Foundation for Therapeutic Innovation
takes the name of Béatrice Denys and accelerates its development, supported and animated by Turenne Groupe
2010
Hexagone Développement fund
Investment fund in partnership with ADIE: a retrocession of management fees to ADIE, as well as part of the capital gain. A total of €130,000 was donated to ADIE.
INTEGRATING ESG RISKS AND OPPORTUNITIES AT EVERY STAGE OF THE INVESTMENT CYCLE
#1 - Pre-investment
#2 - Portfolio management
#3 - Disposal
#1
- Exclusion of certain business sectors
- Materiality analysis of ESG issues
- ESG due diligence:
• Internal due diligence using the Turenne Groupe questionnaire and discussions with management and, where applicable, CSR teams within the company;
• Analysis of sustainability risks and opportunities;
• External CSR strategy due diligence on a case-by-case basis, integrating CSR into the company’s strategic challenges and business plan. - ESG clause in shareholder agreements.
SUSTAINABILITY REPORTING
THE ESG COMMITTEE
Made up of 16 employees representing the Group’s different entities and areas of expertise, and supported by General Management, the « Turenne Engagé pour Demain » Committee proposes distributes and implements the Group’s ESG policy, both within the Turenne Groupe’s investment teams and with the companies we support.
EXECUTIVE COMMITTEE
Defines and validates the Group's ESG policy and CSR strategy.
Christophe DELDYCKE
CEO, Chairman of the Management Board
Benoît PASTOUR
Managing Director
Mounia CHAOUI
Partner, Pharm. D
Anne-Sophie MAES
Investment Director
ESG MANAGER
Guides and coordinates the implementation of the Group's ESG policy and action plan, Supports our holdings in their CSR approach, in support of the investment teams, Mission manager in the context of mission-led company.
Pauline BECQUEY
ESG Director
«TURENNE ENGAGÉ POUR DEMAIN» COMMITTEE
Proposes, distributes and implements the Group's ESG action plan.
Benjamin ALTARAS
Hospitality Director
Anne-Laure BEAULIEU
Investment Director
Elise DE CALUWE
Investment Director, Nord Capital Partenaires
Julie GADOIS
Head of Investments
Amandine GRIMBLOT
Senior Business Manager
Claire LABARRE
Investment Director
Quentin-Pierre MARIE
Head of Institutional Relations
Nam METZGER
Director NRI
Clément NAUTÉ
Business Manager - Connect Pro
Raquel PIRES
Investment Director
Claire POULARD
Investment Director
Benoît PRAUD
Investment Director - Innovacom
Julie RECALDE
Administrative & Financial Director
Mathilde SERRES
Investment Director
Ayoub ZTOUTI
Deputy Head of Compliance
CSR APPROACHES
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