Phitrust Partenaires publishes its 2019 Activity and Impact Report
Resilience, a long-term vision, close support for entrepreneurs, being transparent with our shareholders are the key words of this past year. The current crisis – health, economic, environmental and social – acts as a huge “stress test” for impact investing.
What impact are we talking about? What drives our decision making in times of hardship ?
For the impact investors that we are, this crisis strengthens our convictions. We must all more broadly relearn how to live with long investment horizons. Shareholders, whether they hold stocks of listed or unlisted companies, impact companies or not, will have to rethink their responsibility. Entire areas of activity are experiencing high levels of stress : housing, work integration and training, access to sustainable food, health services, care for our seniors … And this without distinguishing between social and environmental issues. On all these points, the companies we are fortunate to support have shown great resilience.
In 2019, Phitrust made 10 investments or reinvestments and continues to work closely with entrepreneurs. Our support method has proven effective. Our challenge now is to question our ability to support the companies in our portfolio through the major transformations that they are experiencing (external growth, change of scale, etc.). And above all, since March, to support them as closely as possible to get through the health and economic crisis we are experiencing and its consequences.