A tailored approach to monitoring each investee
Example: impact achieved by La Varappe vs 2018 objectives (%)
We chose a pragmatic approach, on a case by case basis, to closely analyse the impact of each activity. For each investee, we define at the moment of the first investment specific quantitative indicators that reflect the social and environmental impact as well as the governance of the company. These key performance indicators are chosen alongside the entrepreneur, who agrees to report annually as to their evolution.
A 5 year objective is defined for each indicator, allowing us to measure the performance throughout our investment period. An annual assessment for each investee is thus undertaken in relation to its social and environmental impact and governance, which is completed by a qualitative analysis. This tailored approach allows us to better guide our non-financial support and to promote, in the case of a reinvestment, investees that have improved their impact.
Monitoring and analysis at the portfolio level
Impact achieved at the portfolio level vs 2018 objectives (%)
The overall social and environmental performance of the portfolio is assessed each year, based on the individual reports provided by each investee, enabling us to follow the evolution of this performance. This monitoring allows to us to readjust – if needed – our investment strategy, which emphasizes social impact objectives while also requiring economic viability.
The assessment of the social and environmental impact enables us to identify a “social and environmental return on investment” for each Phitrust Partenaires investee which, alongside an analysis of each investee’s financial performance, enables us to have an overall assessment of the strategies being implemented across the portfolio.
[PRESS RELEASE] GROUPE PSA – FCA merger – Questions and doubts remain concerning the pertinence of this operation.
Following the signature of the binding Combination Agreement providing for a 50/50 merger with FCA, Phitrust persists its questioning and doubts concerning this operation.
[PRESS RELEASE] Phitrust has written to the executives of Groupe PSA concerning the 50/50 merger project with FCA Group
Phitrust has written to the Chairman of Groupe PSA concerning the proposed merger with Fiat Chrysler Automobiles (FCA Group), questioning the financial, as well as environmental, social and governance (ESG) aspects of the project, therefore questioning its implementation in the current state.
ATEC* Biodigesters is a social enterprise that produces, sells and distributes a custom-manufactured biodigester produced in Cambodia.