IES, world leader in fast charging solutions for electric vehicles, announces today a €10 million fund raising from Paris Green Fund, a growth capital fund for the ecological transition of large cities, managed by Demeter and supported by the City of Paris. The goal of this fundraising is to enable IES to accelerate its development in France and abroad ─ thus contributing to the development of sustainable and low-carbon mobility.
For more information, please refer to the attached press release.
Our 2019 ESG and Impact Report is now available: https://demeter-im.com/wp-content/uploads/DEMETER-ESG-Impact-reporting-2019-ENG-2.pdf
We reached a record number of contributors: 92% of our portfolio companies have answered our ESG survey, which gives this report its full depth.
This increase in participation demonstrates the growing commitment of our portfolio companies, making extra-financial reporting progress, as well as our contribution as a responsible investor, supported in this by our subscribers.
This year version includes a new design enabling our report to demonstrate Demeter’s strong commitment regarding ESG. In particular, we highlighted our specificities as a pioneer and leader in the energy transition and we put the focus on the integration of the UN’s Sustainable Development Goals.
Our ESG policy recently obtained the “Best ESG investment firm 2019” award from Private Equity Wire Magazine in London.
An opportunity to bear witness to the acceleration of the financing dynamics of startups, SMEs/ETIs and infrastructures in ecological transition sectors, either through the raised funds or funds invested, especially for Demeter.
Stéphane Villecroze’s opening remarks were followed by the presentation of the newcomers to Demeter’s portfolio:
– Envelio, Geoflex, Hesus, Izivia, Kapsera, Outsight, Pony, Semob, Sir Full Service
For this new edition of the Club Entrepreneurs Demeter, we had the privilege of welcoming Didier Holleaux, Engie’s Deputy General Manager, as guest of honour, who enlightened us on Engie’s zero carbon strategy and then participated in a Q&A session.
Afterwards, everyone met at a cocktail party, in a warm atmosphere, in a place steeped in history.
The event has featured high-level representatives from cities that are making divestment and sustainable investment commitments, as well as a dynamic panel discussion featuring representatives from city pension fund authorities, asset managers, and thought leaders.
This event is aiming to support cities that are considering or committed to fossil fuel divestment and sustainable investment into climate solutions to understand different options and approaches through peer-to-peer learning and expert engagement.
Mark Watts, Executive Director of C40
HESUS, a fast-growing “Greentech” company from the construction sector, announces a €10m fundraising from Paris Green Fund, managed by Demeter and supported by the city of Paris, of which it is the first investment, SUEZ Ventures, SUEZ Group corporate venture, and Construction Venture, Bouygues Construction corporate venture.
For more information please refer to the press release: Press release / communiqué de presse Hesus
During the Private Equity Wire Awards held on March 8 in London, Demeter won the ” Best ESG Investment Firm of the Year ” award, rewarding Demeter for its pioneer and leading role in the sector regarding the integration of Environment Social and Governance criteria in its investment strategy.
The Climate Committee of France Invest (former Cleantech Club AFIC), chaired by Sophie Paturle-Guesnerot gathered together on 20 February to take stock of the year 2018 and discuss the outlook for 2019.
The programme of the evening was focused on figures and trends of companies in the sector of ecological transition accompanied by Private Equity in France, Europe and accross the world. Green Univers, the Cleantech Group and the European community came to present their figures and share their vision. The EY-France Invest Climate prizes were also awarded.
Over 100 capital investment professionals, key players in the cleantech ecosystem, met at Tour First for this first evening of 2019 organised in partnership with EY.
Stéphane Villecroze presented Paris Green Fund at the Covenant of Mayors Investment Forum in Brussels on February 19th 2019.
The joint presentation with Clémentine Baju from the City of Paris was followed by a Q&A with the public.
The Covenant of Mayors is the world’s largest movement for local climate and energy actions.
The aim of the Investment Forum is to accelerate investment in climate adaptation and sustainable energy, which contribute to clean energy transition and the EU climate and energy targets for 2020 and 2030.
For more information on the Paris Green Fund, please visit:
https://paris-fonds-vert.demeter-im.com/en/
More information on the Covenant of Mayors Investment Forum:
https://www.covenantofmayors.eu/news-and-events/events/upcoming-events/2077-covenant-of-mayors-investment-forum-energy-efficiency-finance-market-place.html
Paris, December 4th, 2018 – Demeter, a major European player in venture capital and private equity for the energy and ecological transition, announces the appointment of Stéphanie Chrétien as Chief Sustainability and Impact Officer to reinforce its commitment to combine financial performance and environmental impact.
Since inception in 2005, Demeter has considered social and gouvernance criteria, in addition to environmental criteria (which are addressed by nature by its investment strategy), as key to drive sustainable performance.
Demeter is a responsible and committed investor, therefore joined key initiatives such as PRI (Principle for Responsible Investment), CDP (Carbon Disclosure Project), iC20 (France Invest), The Shift Project, etc.
Today, Demeter reinforces this commitment with the appointment of Stéphanie Chrétien as Chief Sustainability and Impact Officer. Stéphanie has been a Partner at Demeter from March 2018, focusing on Paris Green Fund and worked previously at Roland Berger strategy consulting firm.
The objective is to reinforce the process for continuous improvement of Demeter’s extra-financial reporting ; to empower portfolio companies so they can take an active role in improving their Environment, Social and Governance footprint ; and to highlight innovative initiatives such as the measure of territorial impact which has been implemented for Paris Green Fund with Carbone 4.
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For Stéphane Villecroze, Managing Partner at Demeter: “Since inception in 2005, Demeter considers that considering environment, social and governance challenges is key to achieve sustainable growth. Stéphanie’s appointment as Chief Sustainability and Impact Officer reinforce this commitment.”
For Stéphanie Chrétien, Partner at Demeter in charge of Paris Green Fund and Chief Sustainability and Impact Officer: “We are convinced that Sustainability and Impact are key drivers for value creation for our portfolio companies and for Demeter, and that our role as a leading investor is key to engage all stakeholders within the ecosystem in Sustainability and Impact”.
About Demeter
Demeter (www.demeter-im.com) is a major European player in venture capital and private equity for the energy and ecological transition. Its funds invest from €1m to €30m to support companies in the sector at all stages of their development: innovative startups, small and mid-cap companies, as well as infrastructure projects. The Demeter team counts 33 people based in Paris, Grenoble, Metz, Madrid, manages €1bn and has completed 120 investments over 12 years.
Contact : Aleksandra Texier, +33 1 43 12 53 44, media@demeter-im.com
