ESG Policy

Our Responsible Investment policy symbolizes Karista's determination to be a committed and engaging player.

At a time when sustainable finance is taking on a predominant role in finance, Karista affirms its commitment to responsible and sustainable investment.

Our commitments

How we make a difference with better investments

01

Integration of sustainability risks into investment decisions

Karista integrates sustainability risks into its investment decision-making process, considering that environmental, social and governance (ESG) factors can influence investment performance and generate material long-term risks :

  • Assessing potential ESG risks when analysing investment opportunities.
  • Dialogue with portfolio companies to encourage improvements in their sustainability practices.
  • Continuous monitoring of identified risks and adaptation of the investment procedure accordingly.

02

A transparent remuneration policy with integration of sustainability risks

  • Socially responsible HR policy, against discrimination, promoting equality, team playing and respectful relationships.
  • Karista is committed to developing the ESG expertise of its employees.
  • Part of the variable remuneration may be indexed to ESG criteria. In addition, part of the carried interest of Article 9 funds (Karista V) is linked to the achievement of the ESG objectives of the fund concerned.

03

Transparency on sustainable investment in healthcare

  • In accordance with article 10 of the SFDR Regulation, Karista publishes detailed information on the strategy and sustainability objectives of the Karista V Fund, classified Article 9 SFDR.
  • The main objective of this fund is to invest in companies and projects that contribute to improving access to healthcare for as may people as possible at lower cost.

04

A commitment to environmental protection

Although Karista’s direct environmental impact is limited, we apply good-practice measures to reduce our footprint (energy efficiency, low travel impact, digital sobriety) and encourage our portfolio companies to consider climate-related risks where relevant.

05

Within our portfolio companies, promoting social progress

We support our portfolio companies in strengthening their social practices, including employee well-being, governance structuring, diversity policies and responsible business conduct.

06

Karista is committed

To objectively measuring the ESG performance of its investments and reporting on it to its subscribers (LPs). ESG reporting is published annually and shared with the subscribers of the funds concerned.

More than two decades of Innovation and ESG investment with a strong focus on S and G

Karista deeply believes that managing ESG issues drives superior long-term returns while creating a positive impact for portfolio companies and their stakeholders. We are strengthening this commitment with our new vintages, classified as SFDR Article 9 Social.

2001

Fund #1 investing in healthcare, R&D driven-innovation, and jobs creation

2008

Fund #2 investing in healthcare, R&D-driven innovation, and jobs creation

2010

Signatory to the UN Principles for Responsible Investment

2011

Partnership with the Paris Region to promote employment in the region through innovation

2012

Fund #3 investing in healthcare and R&D-drivne innovation

2019

Signatory of the SISTA chart

2020

Signatory of the "Committed to Health" chart

2022

Karista 1st ESG Report
Karista joins the Sustainability Commission of France Invest

2023

Karista V SFRD Art.9 (Social)

2025

1st deal with Article 9 fund and new investment process implementation