July 2nd, 2018 | Press Releases

Ambienta has been awarded “2018 ESG Best Practices Honours” by SWEN Capital Partners

by Ambienta

Milan, 02 July 2018 – Ambienta, the largest private equity fund focused on sustainability, has been awarded the 2018 ESG Best Practices Honours in the “Private Equity Mid & Large Cap” category, by SWEN Capital Partners (“SWEN CP”), a leading European investment management company specializing in responsible investing in private markets.

The event, which took place in Paris on 27 June, gathered 420 market players primarily from the private equity, debt and infrastructure industries with the aim of showcasing outstanding ESG practices amongst over 200 European management companies, both within SWEN CP’s portfolio and across its potential investment universe.

The winners were selected from management companies that participated in SWEN CP’s annual ESG survey, using a methodology which analyses and measures how extra‐financial criteria are integrated and implemented into the GPs’ investment process, as well as at the underlying company level.

The winners were chosen by an independent jury of 11 highly qualified individuals, representing institutional investors and international organisations such as the UN Principles for Responsible Investment and the Organisation for Economic Co‐operation and Development. Previous winners of the “Private Equity Mid & Large Cap” category include PAI Partners, Eurazeo and Ardian.

Since it was founded, Ambienta has introduced various initiatives to create an all‐encompassing approach to sustainability. It has devised the “Environmental Impact Analysis” as a proprietary methodology to assess portfolio companies’ impact both in terms of resource efficiency and pollution control, measuring sustainability granularly against 11 key metrics. Similarly, the “ESG in Action” programme has a holistic approach to the integration of the UN’s six Principles for Responsible Investment at both GP and portfolio company level. In addition, the firm has introduced a dedicated “ESG Drive” parameter into its investment team’s performance review, reflecting its ambition to promote accountability across the firm.

Nino Tronchetti Provera, Founder and Managing Partner of Ambienta, commented: “Ambienta has been built on the concept of sustainability, which embedded ESG at the very core of its investment strategy, as well as day‐to‐day operations. We are extremely proud to have received this prestigious award from SWEN CP which reflects our constant commitment to implementing these principles, which are an integral part of our DNA.”