For decades, sustainable development has steadily grown in public opinion and business and political agendas globally. Organisations large and small are increasingly accountable for their social and environmental footprint.
While legal and statutory obligations today almost exclusively concern large corporations, we believe sustainability should be an integral part of corporate agendas at every stage of a company’s journey, for both ethical and economic reasons.
We are convinced that companies embracing societal and environmental challenges will drive superior value creation in the long term. Europe has a clear head start and an unmissable opportunity to create the next generation of sustainable global leaders.
That is why at Korelya we chose to set ourselves ambitious sustainability goals, with an action plan designed to lead by example and promote our strong beliefs amongst our portfolio companies.
Our ESG plan is particularly focused on a subset of the UN Sustainable Development Goals that are most relevant for Korelya and for which we are able to make a material difference and have a measurable impact. These include decent work and economic growth (#8), reducing inequality (#10) and climate action (#13). Our plan targets three main areas:
Read more about our ESG policy here.
Korelya Capital is also aligned with the new EU regulations and considers adverse sustainability impact at some Funds levels. Investors can request access to further information by directly reaching out to the team.
Since its inception in 2016, Korelya Capital has placed Diversity & Inclusion at the heart of its DNA. Our internal Diversity & Inclusion practices cover four areas:
In addition to formal diversity and inclusion training for the entire Korelya team, we always seek to share best practices with other GPs, LPs and portfolio companies.
In November 2020, Korelya Capital became the first French investor awarded the Diversity VC standard, an initiative launched in September 2020 and pioneered by 15 leading funds across Europe, that rewards GPs for their diversity and inclusion practices.
We strongly believe that diversity and inclusion will create a better VC ecosystem in Europe and we are proud that Korelya is at the forefront.