As part of its ongoing environmental, social and governance (ESG) efforts, Tikehau Investment Management is to measure and disclose on a regular basis, the carbon footprint of four of its funds.
The funds in question are Tikehau Taux Variables, Tikehau Credit Plus, Tikehau Subordonnées Financières and Tikehau Income Cross Assets.
All companies in which these funds have invested, whether it be in capital or in debt, will be subjected to a cohesive analysis as to their level of greenhouse gas emissions, which includes, in particular: emissions from sources controlled by the company (for example, factory chimneys); indirect emissions linked to the use of various energy sources by the company (for example, electricity).
The calculation methodology is based on data from South Pole, one of the world’s leading carbon data suppliers, in partnership with ExFi Partners, a firm specialising in guiding institutional investors and asset management companies on ESG matters.
Mathieu Chabran, director and CIO of Tikehau Investment Management, says: “Providing our investors with detailed and accurate information on the carbon footprint of the activities of the companies in which they have a stake in, particularly through bond issues, is a significant step forward. Our indicators allow them to accurately assess and monitor through time the impact of their investment on the environment and to inform their decisions so as to promote the fight against climate change.”
Bruno de Pampelonne, Tikehau Investment Management’s president, adds: “This type of reporting falls within the continuation of Group Tikehau’s ESG policy, which began with the signature of the Principles for Responsible Investments and the drafting of a responsible investor charter, which is shared by both Salvepar and Tikehau IM. This constitutes a significant step in our management policy, which is very focused on environmental and societal matters.”