A dedicated ESG team
Eurazeo created its dedicated ESG team in 2008. Its main role is to ensure the proper implementation of the ESG strategy within the Group and its investments. This mainly includes supporting the various teams on ESG issues related to their activity. Comprised of seven full-time members, it is led by Sophie Flak, member of the Executive Board and Managing Partner ESG & Digital.
ESG at the Supervisory Board
A CSR Committee was created within the Supervisory Board in 2014 to support the Board’s thoughts and views on ESG topics, anticipate risks and opportunities, and make recommendations on the Group's ESG strategy. It is currently composed of Mrs. Mathilde Lemoine, Mr. Roland du Luart and Mrs. Stéphane Pallez and is chaired by Mr. Emmanuel Russel representing JCDecaux Holding SAS.
A network of ESG delegates
Since 2021, the ESG team has been supported by ESG delegates in each investment team. Building on the success of this practice within the investment teams, Eurazeo extended it in 2023 to corporate and investor relations teams. As key contact points for the ESG team, they coordinate ESG activities within their team in order to facilitate the deployment of ESG progress plans and strengthen synergies. Beyond their involvement in Eurazeo’s operations, some of them also sit on committees and/or take part in roundtables or workshops set up by trade associations.
ESG in the compensation schemes
Eurazeo integrates sustainability objectives into compensation schemes to align stakeholder interests with Eurazeo’s sustainability strategy, fostering long-term value creation. They represent 15% of the annual variable compensation of Executive Board members since 2014, Managing Partners since 2019, and Managing Directors since 2023, and also form part of the carried interest for investment teams of funds disclosed under Article 9 (SFDR).
