ESG

We intend to be good corporate citizens wherever we operate, playing our role in addressing environmental and social problems, which can be particularly acute in this part of Europe. We want to be as transparent as possible in our communication and in our relationships.

For CEIP, ESG is another key business issue, which we need to address to the best of our ability.

Our Goal

As part of our comprehensive ESG procedures implemented by Central Europe Industry Partners across our portfolio companies, we carefully consider various aspects, including:

• Potential adverse effects of water usage, energy consumption, biodiversity, and human rights when making investment decisions.
• Integration of ESG risks into our investment decision-making process.
• Remuneration policies at both the fund and portfolio company levels that address sustainability risks, including bonus targets for managers tied to ESG objectives.
• Assessment of the impact of sustainability risk on the financial performance (at fund level).
• Mitigation measures aimed at addressing and minimizing any potential negative sustainability impacts.

We are keen to create an ‘employer brand’ for the portfolio companies, generate goodwill and respect in our communities, promote self-confidence among employees, operate well-run businesses practising continuous process improvement and demonstrating a strong ethical backbone.

This is all simply sensible business practice and, as well as generating a sense of satisfaction, it can also bring economic rewards.

Further details regarding these elements, along with other ESG and sustainability-related procedures, can be found in our ESG Annual Report, which is available on this website.