Our CSR commitments

Sustainable

NewAlpha’s commitments emphasize the importance of long-term growth, sharing value creation and pursuing the necessary transitions associated with climate change and the social challenges it entails.

Whether in the development of its business or within the company itself, NewAlpha is committed to working with its employees and clients to meet today’s environmental and social challenges.

Our employees

Internally, CSR is a concrete approach to involving employees at the heart of NewAlpha’s governance. As a responsible and committed employer, NewAlpha makes every effort to offer its employees a pleasant, efficient and motivating working environment, both professionally and personally.

Our partners

Thanks to a dedicated support structure, NewAlpha Capital Partners, we develop a privileged relationship with our affiliates. This relationship goes far beyond basic and traditional financial monitoring and participation in governance bodies.

Our investments

NewAlpha is convinced that ESG criteria are sustainable levers of value creation that contribute to the transformation of SMEs into SMIs. As part of a process of progress in terms of social responsibility, our objective is to make our investments profitable and sustainable to support the transition to more responsible finance over the long term.

Commitment to associations and skills sponsorship

Our employees

NewAlpha has 28 employees with an average of 15 years of professional experience. NewAlpha makes a point of hiring young talent to diversify its skills and bring a complementary and new vision to its activities.

We are particularly attentive to promoting diversity (gender, profiles and experience) and the entrepreneurial spirit among our employees.

With the support of Group La Française, NewAlpha has put in place ambitious practices with regard to recruitment, compensation, career advancement and employee life balance.

Our internal policy also aims to:

  • To reduce the carbon footprint of its activity: digitization of work tools, clean travel (train, etc.)
  • To strengthen the well-being of employees (cohesion days, transparency of the compensation mechanism, associative commitment etc.)
  • To ensure ethical and committed governance by aligning the interests of employees with those of the company.

For more details, please consult our CSR Charter

The ESG Committee

Our employees are involved in the ESG Committee.

Led by NewAlpha’s ESG Officer, this committee is composed of the key stakeholders of our organization: the CEO, the Deputy CEO, representatives of each business line and the dedicated ESG analyst. The committee meets four times a year to set new corporate responsibility objectives for our employees, partners and investments.

Our partners towards a responsible and sustainable investment

We have set up a dedicated support structure: NewAlpha Capital Partners. This support structure benefits from the support of all NewAlpha employees who work together throughout the support process to help implement ESG recommendations externally.

In order to include the partners in our objective of transitioning to responsible and sustainable investment, the dialogue is adapted to the profile of the incubated companies, according to their size, their year of experience, their current performance and their long-term objectives. ESG recommendations can thus be formalized at different levels.

Dialogue policy

Raising companies’ awareness of ESG best practices as expected by our institutional clients.

Our ESG approach

NewAlpha’s responsible approach is applied in each of our business lines (multi-management and private equity).

Convinced that the integration of ESG criteria contributes to the creation of value in the long term and to the benefit of our investor clients, our extra-financial analysis applies to all the management companies and companies in our portfolio.

Our approach is applied through several initiatives:

  • The ESG Committee, responsible for setting and monitoring responsibility objectives
  • A reference framework, related to United Nations’ Sustainable Development Goals
  • A strict exclusion policy
  • A proprietary ESG analysis applied to all our investments
  • A constant commitment to our partners and clients to promote best practices in terms of responsible investment.

NewAlpha AM signed the PRI in 2017

  1. Integrate ESG issues into our investment analysis and decision-making processes.
  2. Be an active shareholder and integrate ESG issues into our shareholder policies and procedures.
  3. Request transparency on ESG issues from investees, where possible.
  4. Encourage the adoption and implementation of the Principles in the asset management industry.
  5. Cooperate to improve the effectiveness of its implementation of the Principles for Responsible Investment.
  6. Report on its activities and progress in implementing the Principles.

A reference framework: UN Sustainable Development Goals

The United Nations’ Sustainable Development Goals are the globally accepted sustainability framework.

As an asset management company, NewAlpha is committed to participating in these goals by being a committed player in two main areas: developing the industry, innovation and infrastructure of tomorrow (#9) and combating climate change (#13).

For more details on our commitments to the SDG’s,
please refer to our CSR Charter

A demanding exclusion policy

NewAlpha’s strict exclusion policy means that we do not finance activities or sectors whose practices have a negative societal and/or environmental impact. NewAlpha applies its exclusion policy to all of its investments.

NewAlpha is working towards a total disengagement from coal. The La Française Group is committed to reducing its coal exposure to zero in the following sequence: exit from coal by 2030 for EU and OECD companies and by 2040 for emerging countries.

A proprietary ESG analysis

NewAlpha has refined its ESG analysis by creating an internal rating system. This ESG analysis is carried out at two levels: on the management company and on its investment strategy. It is based in particular on ESG due diligence questionnaires, which include a specific section on climate and diversity.

The ESG analysis allows us to take stock of practices in the pre-investment phase and also to monitor and support incubated companies on areas for improvement in the post-investment phase.

Our partners and external service providers in ESG support

EthiFinance

In 2020, the NewAlpha FinTech fund entered into a partnership with EthiFinance, an extra-financial analysis and consulting agency.

The objective of this partnership is to establish an annual report on the level of performance of the Venture Capital fund and its portfolio companies on ESG issues and an ESG support service using EthiFinance’s extra-financial services platform.

More information on EthiFinance.

Ecocert

Convinced that extra-financial criteria are sustainable levers of value creation that contribute to the sustainable transformation of VSEs and SMEs into mid-sized companies, the NewAlpha Verto fund team is committed to organizing an ambitious ESG policy within companies.

As part of this commitment, the fund is encouraging its portfolio companies to carry out a responsibility assessment with a view to creating a CSR charter that provides a framework for the company’s approach to these issues.

To this end, NewAlpha Verto has created a CSR program with the firm Ecocert.

More information on Ecocert.

For more information

Our CSR Charter

Summary of our commitments as a company to our employees, partners and customers

Our sustainability risk policy (SFDR)

Policy related to Regulation (EU) 2019/2088 of 27 November 2019 on the publication of sustainability information in the financial services sector, as amended (“SFDR”)

Our compensation policy

Compensation policy applied to all Group La Française Group

Our voting rights policy

NewAlpha Asset Management’s policy on the application of voting rights