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Keensight joins 2020 Carbon Initiative

Private equity investor Keensight Capital has signed the 2020 Carbon Initiative (IC20), a private equity initiative dedicated to managing and reducing greenhouse gas emissions among portfolio companies.

Sixteen companies have now signed up to the initiative, under which they agree, as from 2016, to include climate change issues in their investment strategy, with the aim of gradually extending the scope of the initiative to all companies under their control.
 
The members have established a long-term joint approach to reducing the greenhouse gas emissions produced by their investments.
 
Jean-Michel Beghin, managing partner of Keensight Capital, says: “We are very happy to be a member of the IC20 initiative and to play an active role in the fight against climate change. This commitment is fully in line with the ESG policy that we launched several years ago, as we deeply believe in the positive impact of ensuring that sustainable development factors are taken into consideration in our portfolio companies. We have implemented a number of concrete measures, focusing for example on the promotion of effective and exemplary corporate governance, HR policies and respect for the environment, as part of a broader vision to continuously improve our ESG performance.”

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