ALTEREA Group has announced a €5 million fundraising from Paris Green Fund, a growth capital fund for the ecological transition of large cities, managed by DEMETER. The objective of this raising is to enable the Group to further structure itself and accelerate its development, thus contributing to the challenge of reducing the energy and environmental footprint of buildings.
For further information, please refer to the attached press release (English version on page 4).
On the occasion of the 7th edition of its annual Summer University in La Rochelle, the e5t Foundation awarded yesterday 28 August to Demeter its 2019 “coup de coeur” award in recognition of its constant and determined commitment since 2005 to the energy transition.
Created in 2012 under the leadership of Myriam Maestroni, who is its president, the e5t Foundation is an independent think tank that facilitates the understanding, analysis and emergence of the best energy solutions to be implemented in order to preserve the environment, to respect the comfort of individuals and to contribute to the sustainable development of the society.
This award comes in addition to the “Best ESG Investment Firm of the Year” award received at the Private Equity Wire Awards in London in March and to the “Best Management Company” award in terms of ESG practices attributed by Swen Capital Partners to Demeter in July.
Demeter was also awarded from the United Nations Principles for Responsible Investment (UN PRI) a A+ grade (the highest grade) in July.
A PRI signatory since 2012, Demeter has received the highest score A+ awarded by the PRI, recognizing its overall strategy and commitment to responsible investment.
PRI are the world’s leading initiative to promote responsible investment. They have 2,300 signatories committed to taking into account the Environment, Social and Governance (ESG) as key factors for sustainable performance.
During the annual ceremony of the ESG Best Practices Honours organized by Swen Capital Partners, Demeter was awarded the best management company in terms of ESG practices in the Small Cap category.
This second ESG price awarded in 2019 rewards the consistency of our investment strategy, our business purpose “Supporting the champions of ecological growth” and encourages us to go even further in the development of our ESG policy and action plan. The jury recognized in particular our role of pioneer and leader, our innovative impact measure methodology developed in collaboration with Carbone 4 and the deep integration of the Sustainable Development Goals on the UN in our ESG strategy.
During this inspiring event organized at the Quai Branly museum, Yann Arthus-Bertrand – Founding-President GoodPlanet Fondation, Pascal Demurger – Chief Executive Officer of MAIF and Hubert Védrine – Former foreign affairs minister aligned on the need for the “Ecologisation” of the economy.
Sophie Paturle Guesnerot represented Demeter at the round table organised for the launch of the Greenfin Label, the “French green label” as a benchmark of excellence, at the Ministry for Ecological and Solidarity Transition.
Amongst the speakers at the round table :
This event was opened by Brune Poirson, Secretary of State at the Ministry for Ecological and Solidary Transition, and Thomas Lesueur, Commissioner General for Sustainable Development.
More than 100 people attended this event.
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
