
Our DNA
Sustainable and responsible investment
B & Capital is an investor committed to considering ESG issues, and as such is a signatory of:
Our approach to ESG
B & Capital’s approach to ESG is grounded in its core values: independence, loyalty, responsibility.
B & Capital firmly believes integrating ESG criteria is an additional lever for long-term value creation, in keeping with its investment strategy focused on growing and transforming SMEs.
B & Capital’s approach relies on a methodical and stringent assessment of the ESG-related risks and opportunities facing all of its investments, throughout the entire investment cycle, from the initial due diligence up until full disposal.

Implementation of the ESG policy
Preclusion list
B & Capital precludes investments in companies that are unethical: tobacco, weapons, gambling, pornography, activity deriving directly any revenue from thermal and metallurgical coal, activty deriving indirectly more than 30% of its revenues from coal.
The team also refrains from investing in companies that break international guidelines and treaties regarding human rights, child labor, human cloning, bribery, non-compliance with environmental standards, etc.

Commitment accross the investment process
B & Capital includes non-financial criteria in its investment process, for all three dimensions E, S and G. They are tailored to each company and relevant to their business and industry.
Each investment opportunity is rated against a set of ESG criteria part of the objective elements underpinning the investment decision.
B & Capital strongly and continually advocates for ESG to be in the day-to-day business and overall strategy of its portfolio companies. Progress is measured on a regular basis with a set of predefined KPIs.

Climate issues
B & Capital is fully aware of the growing concern about environmental issues, among which climate and biodiversity issues are particularly scrutinized. Being a responsible investor, B & Capital has elaborated its Climate and Biodiversity Strategy. It summarises its commitments and targets with regards to these two key dimensions and the actions plans implemented to meet them.
B & Capital Climate and Biodiversity Strategy is available clicking on the below link:

Communication of B & Capital’s ESG policy
B & Capital has formalized and shares its ESG strategy with all relevant parties. We publish on our website:
- Our ESG Charter and Sustainable Purchasing Charter (French);
- Specific to RB Capital France 2, which is Article 8+:
- Our 2023 ESG annual Report (French):
- Our French Article 29 Loi Energie Climat report.
