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

Karista's business has a low environmental impact. However, we have a duty to contribute to the collective effort to combat climate change and environmental protection, both out of conviction and obligation.

05

Within our portfolio companies, promoting social progress

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 decade of Innovation and ESG investment, with a major focus on S and G

Karista deeply believes that managing ESG issues in its investments allows to deliver strong returns for its investors while also having a positive impact on portfolio companies and their stakeholders.  We are reinforcing this commitment in ESG and Impact investment and our ability to demonstrate its feasibility in our strategies with our new vintage labelized as ESG SFDR Article 9 Social.

2001

1st fund investing in healthcare (40%), R&D valuation, various patents and jobs creation

2008

2nd fund investing in healthcare (50%), R&D valuation, various patents and jobs creation

2010

Signatory to the United Nations-backed Principles for Responsible Investment

2011

1st partnership with Paris Region to promote employment in the Paris Region

2012

3rd fund investing in healthcare (45%)

2019

Signatory of the SISTA chart

2020

Signatory of the "committed to health" chart

Partnerships : to develop innovation in digital health with Rothschild foundation &  Digital Pharma Lab coalition santé

2022

Karista 1st ESG report
Climate’s Mural (La fresque du Climat) at Company level

Karista joins the Sustainability Commission at France Invest

2023

SFRD art.9 – social - Healthtech fund launch

Submission as a Diversity in Action Initiative signatory

2025

First deal with Article 9 fund and new investment process implementation