Fund level Targets
Company Specific Targets
Based on materiality and aligned with purpose and SDGs
Download Abac Capital’s Responsible Investment Policy >
Certified B Corporation
In February 2021, Abac certified as a B Corporation. B Corps are organisations that meet the highest verified standards of social and environmental performance, transparency, and accountability. We are proud to be part of a community envisioning a global economy that uses business as a force for good.
We implement the B Impact Assessment tool at the underlying portfolio to help companies improve their impact targets and advance towards certification.
UN Principles for Responsible Investment (PRI)
Abac is a signatory of the United Nations Principles for Responsible Investment (PRI) and is committed to its six Principles. Since 2016, we annually report our responsible investment practices to the organisation and have obtained a maximum score of A+ in our 2020 Assessment.
For more information you can access our public Transparency Report here.
We are an Art. 8 Fund under EU Sustainable Finance Disclosure Regulation.
We pursue the improvement of ESG performance in the portfolio during the investment period.
UN Global Compact
Abac and portfolio companies are signatory members of the United Nations Global Compact Initiative and are committed to its ten principles. In July 2021, Abac was appointed Silver Signatory member in recognition of our effort to onboard portfolio companies to the initiative.
Sustainable Development Goals (SDGs)
During the investment period we focus on understanding how our investments impact and contribute to the United Nations Sustainable Development Goals.
Although we consider all Sustainable Development Goals through our investment decisions, at Abac we strive to focus our sustainability efforts on impacting the following topics across all our portfolio companies.
Task Force Climate Related Financial Disclosures
Since March 2020, we are supporters of the Task Force on Climate-related Financial Disclosures which was established by the Financial Stability Board to improve disclosure on climate-related risks and opportunities.
Task Force Climate Related Financial Disclosures
Supporter since March 2020, we are supporters of the Task Force on Climate-related Financial Disclosures which was established by the Financial Stability Board to improve disclosure on climate-related risks and opportunities.
We support students at risk throughout the education cycle to improve equity in education
Compulsory education: Students from complex socio-economic backgrounds are at higher risk of academic failure. Together with Empieza por Educar we seek to improve the academic performance of this students.
Transition to higher education: School drop-out rates in Spain are among the highest in the European Union reaching 16% vs. a 10% avg rate in the EU. Together with XXX we mentor students to encourage them to continue their studies.
Access to the labour market: Youth unemployment in Spain is among the highest in the European Union standing c.30% among individuals under 25 years old. Together with Fundació Aura and XXX we mentor young individuals at risk to help them successfully access the labour market.
Please submit the form to open the 2016 sustainable report. Thank you
Please submit the form to open the 2017 sustainable report. Thank you
Please submit the form to open the 2018 sustainable report. Thank you
Please submit the form to open the 2019 sustainable report. Thank you
Please submit the form to open the 2020 sustainable report. Thank you
Please submit the form to open the 2021 sustainable report. Thank you
Please submit the form to open the 2022 sustainable report. Thank you
We negatively screen our deal funnel and reject deals involved in:
We understand the sustainability implications of the deal in detail and set specific impact targets to improve the performance during the investment period. This process includes:
We improve sustainability performance in key transversal areas:
Alignment with the global sustainability agenda
At exit, sustainability improvements help us capitalise the value created during the investment period.
We partner with successors that will preserve the impact model.
At Abac, we believe that it is important to lead by example. We consider our citizenship initiatives an integral part of who we are as a team, and we take pride in our extensive commitment to community service and support of non-profit organisations. We strive to support our community by devoting our time, knowledge, and financial resources to them.
Abac Capital has committed to donating 1% of its annual profit to a selected group of non-profit organisations aligned with our citizenship framework or sponsored by our employees. Abac has donated over €200k since its inception.
Our citizenship initiatives include:
In response to the tragic situation in Ukraine, Abac Capital has supported various relief organizations through a special employee donation matching program. We are proud to see the response of our employees, friends and family with over €15,000 donated to:
At Abac, we acknowledge that sustainability factors are likely to influence the financial performance of our portfolio and have external impacts on our surrounding communities. We, therefore, strive to improve the sustainability performance of our portfolio through active ownership and drive long-term value creation.
Our investment policies and processes are designed to integrate sustainability risks as well as identify and prioritise principal adverse impacts on sustainability factors throughout the investment cycle based on the analysis of a wide set of KPIs.
ESG KPIs monitor, among others, the following characteristics of the potential investment: Energy consumption and emissions, water consumption, fossil fuel consumption, packaging and waste management, supply chain ESG management, social and employee matters, and the implementation of governance policies.