With this charter, Karista demonstrates its commitment to responsible and sustainable investment.
This charter symbolizes a first step in terms of ESG maturity for the management company. Karista has the ambition to make evolve its commitments as needed, in order to give a strategic place to the integration of ESG criteria in its investment decisions and its internal organization.
Karista, a signatory of the PRI (Principles for Responsible Investment), is committed to responsible and sustainable investment and to reporting on its efforts in a transparent manner.
The present charter, signed by Karista, constitutes the company's commitments and expectations with regard to its investments and management in terms of ESG. The funds concerned by this charter are currently CapDecisif III, CapDecisif IV and CosmiCapital.
This charter takes into account the stage of maturity of the companies in which the funds invest, mainly companies in the early stages of financing (e.g. seed, series A).
An ESG awareness program enables them to understand ESG issues at all stages of an investment's life and to regularly monitor the ESG performance of investments.
This policy is based on the following objectives:
- Compliance with national and international regulations; and
- Total consistency with Karista's ambitions and strategy of responsible and sustainable investment
In the context of co-investments, Karista may share this information with its co-investors, if relevant.
Formal and informal discussions are held with the managers and ESG officers of the portfolio companies on all ESG components.
ESG reporting is published annually and shared with the subscribers of the funds concerned.