ESG Mission Statement
Elvaston is committed to sustainable corporate governance and strives to achieve high environmental, social and governance standards for our business. We believe that companies with high ESG standards are better managed, are exposed to lower business risks and therefore add value. By meeting our standards, we seek to protect our investors' interests in responsible investment in the funds we manage.
When we consider a new potential investment opportunity, we assess the extent to which the ESG criteria apply. Throughout the investment period, we monitor company performance and seek to improve compliance with ESG criteria in collaboration with the portfolio companies we manage.
We believe that improving the environmental performance of the portfolio companies we manage leads to sustainable value creation.
We strive to minimise greenhouse gas emissions and use resources as efficiently as possible.
We limit business travel to what is necessary, select means of transport according to cost efficiency and environmental compatibility, and promote alternative forms of communication.
We believe that safe working conditions, personal development opportunities and attractive remuneration models are essential for the portfolio companies we serve to attract outstanding employees and foster their development. We also believe it is important that our portfolio companies make a positive social contribution, and we explicitly encourage and support this endeavour.
We consider compliance with laws and regulations by Elvaston and the portfolio companies we manage to be essential.
We acknowledge our employees as our most valuable resource. Safety at work and a discrimination-free working environment are our top priorities.
We offer our employees development opportunities and performance-related remuneration.
We adhere to the international conventions for the protection of human rights and the prevention of child labour.
Through our involvement with Berlin's Humboldt University, we support the recruitment of university graduates and regularly welcome dedicated interns, whom we give the opportunity to gain insights into our company.
Another institutional commitment is through our representation on the board of trustees of the Lucia Löser Foundation, which supports young, disadvantaged people during their education.