EU SFDR Disclosures

Introduction

XLA Fund I GP, S.à r.l., a private limited liability company (société à responsabilité limitée) incorporated and existing under the laws of the Grand Duchy of Luxembourg, with registered office at 9, rue de Bitbourg L-1273 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg trade and companies under number B286471, has been appointed to act as registered alternative investment fund manager of EU alternative investment funds within the meaning of article 3(2)(b) of the Luxembourg law dated 12 July 2013 on alternative investment fund managers (“AIFM“).

The AIFM may delegate the portfolio management of an EU fund managed by the AIFM to Exagon Impact Capital LLC (“Exagon“).

Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector, as amended (“SFDR“), applies to the AIFM as a “financial market participant” mutatis mutandis.

In accordance with article 3 of the SFDR, “financial market participants” shall publish information about their policies on the integration of sustainability risks in their investment decision-making process. “Sustainability risk” means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of an investment.

The statement is published in accordance with Article 3 of the SFDR and Commission Delegated Regulation (EU) 2022/1288 supplementing the SFDR (the “SFDR RTS“).

Article 3 SFDR. Integration of sustainability risks

The AIFM in coordination with Exagon, where applicable, integrates sustainability risks in its investment decision-making process by incorporating recognized frameworks and standards as established in the AIFM’s or Exagon’s Responsible Investment Policy. These include the International Finance Corporation (“IFC”) Performance Standards, the relevant World Bank Group Environmental, Health and Safety guidelines (the “WB EHS guidelines”), the European Investment Bank (“EIB”) E&S Standards, and the International Labor Organization (“ILO”) Core Conventions to identify, address and mitigate actual or a potential material negative impact on the value of the investments of the funds managed by the AIFM in coordination with Exagon, where applicable.

To ensure sustainability risks integration, the AIFM in coordination with Exagon, where applicable, has developed a proprietary Environmental and Social Management System (“ESMS”), that sets forth comprehensive guidelines on sustainability risks integration at each stage of the investment process. These stages include Initial Screening and Environmental and Social (“E&S”) Categorization, ESGI Due Diligence, Management Period (Construction and Operation & Maintenance), and Exit Stage.

Additionally, the AIFM in coordination with Exagon, where applicable, has clearly defined roles and responsibilities at investment level to ensure the effective implementation of the ESMS. The investment committee being appointed at the level of the AIFM or the Portfollio Manager, where applicable, reviews identified sustainability risks prior to making any investment decision. Moreover, the AIFM in coordination with Exagon, where applicable is committed to providing training for their employees and investee companies to enhance awareness of sustainability risks.

Introduction

The AIFM may delegate the portfolio management of an EU fund managed by the AIFM to Exagon Impact Capital LLC (“Exagon“).

Article 4(1)(a) of the SFDR requires that where a “financial market participant” consider principal adverse impacts of investment decisions on sustainability factors, it shall publish and maintain on its website a statement on due diligence policies with respect to those impacts, taking due account of their size, the nature and scale of its activities and the types of financial products it makes available.

This document is divided into four sections:

Information about our policies on the identification and prioritisation of principal adverse sustainability impacts and indicators
A description of the principal adverse sustainability impacts and of any actions taken or planned
A brief summary of our engagement policies
Reference to adherence to responsible business conduct codes and internationally recognized standards for due diligence and reporting and, where relevant, the degree of their alignment with the objectives of the Paris Agreement

The statement is published in accordance with Article 4 of the SFDR and Commission Delegated Regulation (EU) 2022/1288 supplementing the SFDR (the “SFDR RTS“).

Article 4 SFDR. Transparency of adverse sustainability impacts at entity level

Policies on the identification and prioritization of principal adverse impacts and indicators

The AIFM, in coordination with Exagon, where applicable, considers Principal Adverse Sustainability Impacts (“PASI”) at the level of their investment decisions via an assessment of each investment opportunity against the thresholds set in the ESMS.

A description of the principal adverse sustainability impacts and of any actions taken or planned

The AIFM in coordination with Exagon, where applicable, considers the following principal adverse impacts on sustainability factors (each as further detailed in Table 1, Annex I of the Commission Delegate Regulation supplementing Regulation (EU) 2019/2088, as amended) via an assessment of each investment opportunity against the thresholds set-out in the ESMS:

CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS

Greenhouse gas emissions:

1.GHG emissions;

2. Carbon footprint;

3. GHG intensity of investee companies;

4. Exposure to companies active in the fossil fuel sector;

5. Share of non-renewable energy consumption and production;

6. Energy consumption intensity per high impact climate sector;

Biodiversity:

7. Activities negatively affecting biodiversity-sensitive areas;

Water:

8. Emissions to water;

Waste:

9. Hazardous waste and radioactive waste ratio;

INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS

10. Violations of UN Global Compact principles and Organisation for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises

11. Lack of processes and compliance mechanisms to monitor compliance with UN Global Compact principles and OECD Guidelines for Multinational Enterprises

12. Unadjusted gender pay gap

13. Board gender diversity

14. Exposure to controversial weapons (anti-personnel mines, cluster munitions, chemical weapons and biological weapons)

Additionally, the AIFM in coordination with Exagon considers the following principal adverse impacts on sustainability factors:

CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS

Energy Performance:

15. Breakdown of energy consumption by type of non-renewable sources of energy

SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS

Social and employee matters:

16. Rate of accidents

The AIFM, together with Exagon, where applicable, will take the following actions in relation thereto:

Request the investments to report the PASI indicators throughout the investment process as established in the AIFM’s and Exagon’s ESMS. The AIFM, in coordination with Exagon, where applicable, will monitor these indicators, ensure compliance with the thresholds set in the ESMS and publicly disclose the results on the website. In cases of non-compliance, remedial actions will be implemented with the investments.

A brief summary of our engagement policies

As outlined in the AIFM’s and Exagon’s ESMS, the AIFM, in coordination with Exagon, as applicable, monitors investee companies on various aspects, including ESG leadership and culture, board structure and functioning (covering strategy), internal control systems (encompassing risk management, internal and external audits, and principles of business conduct), disclosure and transparency (covering both financial and non-financial performance and risk), treatment of minority shareholders (including voting rights and mechanisms for resolving shareholder-related disputes) and governance of stakeholder engagement (including external and publicly accessible communication procedure). These engagement practices are assessed against maturity levels aligned with international standards and are monitored throughout the investment process. Recommendations or contractual requirements to address gaps and drive improvements will be considered as needed. The results of these engagements are shared annually. Additionally, the AIFM, in coordination with Exagon, as applicable, maintains a Compliance Manual that outlines procedures for engagement.

Investors can request a copy of the ESMS for any fund managed by the AIFM in which they are invested in.

Reference to adherence to responsible business conduct codes and internationally recognized standards for due diligence and reporting and, where relevant, the degree of their alignment with the objectives of the Paris Agreement.

The AIFM, in coordination with Exagon, where applicable, will become a signatory of the United Nations Principles for Responsible Investment (UNPRI) in line with its commitment to integrating ESG factors into its investment analysis and decision-making process, while actively promoting responsible investment practices across the industry. Through this commitment and aligned with its investment strategy, the AIFM, in coordination with Exagon, where applicable, will contribute to addressing the challenges of climate change and advancing the objectives of the Paris Agreement.

Introduction

The AIFM may delegate the portfolio management of an EU fund managed by the AIFM to Exagon Impact Capital LLC (“Exagon“).

The statement is published in accordance with Article 5 of the SFDR and Commission Delegated Regulation (EU) 2022/1288 supplementing the SFDR (the “SFDR RTS“).

Article 5 SFDR. Transparency of remuneration policies in relation to the integration of sustainability risks

The AIFM has implemented a Remuneration Policy, contained in the Human Resources Policy, that outlines employment terms, including performance management, compensation, and benefits. This policy integrates sustainability risks and promotes sound risk management by discouraging excessive risk-taking, which positively affects sustainability. Sustainability risks assessments are conducted before investments to avoid companies involved in negative societal events. Investors can request a copy of the Remuneration Policy, contained in the Human Resources Policy, for any fund managed by the AIFM in which the investor is invested in.

The following information relates to XIC Latin America Fund I (Luxembourg), SCSp (the “Fund“) and is provided in accordance with Article 10(1)(a) to (c) of the Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector, as amended (the “SFDR“) and Section 2 of Chapter IV the Commission Delegated Regulation (EU) 2022/1288 supplementing the SFDR (the “Delegated Regulation“).

Summary

The Fund discloses pursuant to Article 8 of the SFDR, as a financial product that promotes environmental characteristics but does not have sustainable investment as its objective.

The Fund’s investment strategy is to target Investments in renewable energy assets, the circular economy and connectivity sectors or verticals to create platforms, domiciled in, or deriving a substantial portion of their revenue from the Region as defined in the limited partnership agreement. By doing so, the Fund will promote the following environmental and social characteristics:

contributing to SDG 7 (Renewables) by supporting the following targets [section 2.12 of the Exagon Impact Capital LLC’s Environmental and Social Management System (the “ESMS“)]:
SDG 7.1: ensure universal access to affordable, reliable, and modern energy services;
SDG 7.2. increase substantially the share of renewable energy in the global energy mix;
contributing to SDG 8 (Decent Work and Economic Growth) by supporting target SDG 8.2: achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high value added [section 2.12 of the ESMS];
contributing to SDG 9 (Industry, Innovation and Infrastructure) by supporting target SDG 9.1: develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all [section 2.12 of the ESMS];
contributing to SDG 11 (Sustainable Cities and Communities) by supporting target SDG 11.2: provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities and older persons [section 2.12 of the ESMS];
contributing to SDG 12 (Responsible Consumption and Production) by supporting target SDG12.5: substantially reduce waste generation through prevention, reduction, recycling, and reuse [section 2.12 of the ESMS];
contributing to SDG 13 (Climate Action) by supporting target SDG 13.2: integrate climate change measures into national policies, strategies, and planning [section 2.12 of the ESMS];
labour and working conditions [section 2.2 of the ESMS];
resource efficiency and pollution prevention [section 2.3 of the ESMS];
community health, safety and security [section 2.4 of the ESMS];
avoidance of involuntary physical or economic displacement resulting from Investments [section 2.5 of the ESMS];
biodiversity conservation and sustainable management of living natural resources [section 2.6 of the ESMS];
improved gender equality through Investments aligned with the 2X criteria [section 2.7 of the ESMS];
protection of indigenous peoples [section 2.7 of the ESMS];
protection of cultural heritage [section 2.8 of the ESMS and annex 5]; and
alignment with the Paris Agreement [section 2.9 of the ESMS].

The Fund seeks to attain the promoted environmental and social characteristics through the application of its investment strategy as summarised below:

Screening and Due Diligence: the Fund will apply the screening and due diligences processes detailed in Sections 5.1 (Initial Screening and E&S Categorization) and 5.2 (ESGI Due Diligence) of the ESMS, including the exclusion of a potential investment in a project or company that engages in any of the activities set out in the exclusion list detailed in Annex 7 (Exclusion List) of the ESMS. The Fund will further assess a potential investment against required criteria, including environmental criteria, as further detailed in Annex 12 (Technical, Economic and Environmental Criteria for Eligible Investments) of the ESMS.
Management and Monitoring: during the holding stage, the Fund will manage and monitor Investments as further detailed in Section 2 (ESGI Standards and Requirements), Section 5.3 (ESGI Management: Construction / Operation and Maintenance) and Section 6 (E&S Monitoring, Review and Reporting) of the ESMS.

The Fund will invest at least 80% of total invested amounts in Investments which attain the environmental and social characteristics promoted by the Fund (category #1B). Given the Fund’s investment strategy, a ramp-up period of five years will be set for the purpose of meeting the commitment to attain the alignment with the promoted environmental and social characteristics (category #1B).

The sustainability indicators used to measure the Fund’s attainment of the promoted environmental and social characteristics are set out in Annex 10 (KPIs for E&S Portfolio Company Level Reporting) of the ESMS. Additional indicators may be added at a later point in time, and these will be included in the Fund’s periodic reporting (made pursuant to article 11 of the SFDR, which will be appended to the Fund’s annual reports).

The Fund has adopted the IFC’s Corporate Governance Methodology, to assess the good governance practices of investee companies, as further detailed in Section 2.11 (Corporate Governance) of the ESMS.

The Fund pays particular attention to the engagement with the investee companies through active stakeholder engagement as further detailed in Section 2.10 (Stakeholder Engagement) of the ESMS.

The Fund has established management procedures for handling sustainability-related controversies, including investee companies. These procedures include a dedicated grievance mechanism, outlined in Section 6.3 (Manager and Fund ESGI Reporting) (Grievance Mechanism) of the ESMS, and an incident and accident reporting mechanism, detailed in Section 6.4 (Incident and Accident reporting) of the ESMS.

Furthermore, the Fund will collect data sources directly from the investee companies using forms and questionnaires developed by the Fund, supplemented by publicly available information and, where applicable, third-party sources. The data provided is corroborated through on-site visits, regular reports from investee companies, and interviews. Challenges may include limited public data and investee knowledge gaps, potentially causing inconsistencies in ESG reporting. To address these, the Fund will conduct ESGI Due Diligence on each investee company and offer regular engagement, training, and support. In addition, each investee company will appoint an ESG representative to ensure accurate data collection, with further capacity-building efforts and a focus on resolving inconsistencies before investor reporting.

A reference benchmark has not been designated to attain the Fund’s environmental and social characteristics.

No sustainable investment objective

This financial product promotes environmental or social characteristics but does not have as its objective sustainable investment.

Environmental or social characteristics of the financial product

The Fund promotes the following environmental and social characteristics:

contributing to SDG 7 (Renewables) by supporting the following targets [section 2.12 of the ESMS]:
SDG 7.1: ensure universal access to affordable, reliable, and modern energy services; and
SDG 7.2. increase substantially the share of renewable energy in the global energy mix;
contributing to SDG 8 (Decent Work and Economic Growth) by supporting target SDG 8.2: achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high value added [section 2.12 of the ESMS];
contributing to SDG 9 (Industry, Innovation and Infrastructure) by supporting target SDG 9.1: develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all [section 2.12 of the ESMS];
contributing to SDG 11 (Sustainable Cities and Communities) by supporting target SDG 11.2: provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities and older persons [section 2.12 of the ESMS];
contributing to SDG 12 (Responsible Consumption and Production) by supporting target SDG 12.5: substantially reduce waste generation through prevention, reduction, recycling, and reuse [section 2.12 of the ESMS];
contributing to SDG 13 (Climate Action) by supporting target SDG13.2: integrate climate change measures into national policies, strategies, and planning [section 2.12 of the ESMS];
labour and working conditions [section 2.2 of the ESMS];
resource efficiency and pollution prevention [section 2.3 of the ESMS];
community health, safety and security [section 2.4 of the ESMS];
avoidance of involuntary physical or economic displacement resulting from Investments [section 2.5 of the ESMS];
biodiversity conservation and sustainable management of living natural resources [section 2.6 of the ESMS];
improved gender equality through Investments aligned with the 2X criteria [section 2.7 of the ESMS];
protection of indigenous peoples [section 2.7 of the ESMS];
protection of cultural heritage [section 2.8 of the ESMS and annex 5]; and
alignment with the Paris Agreement [section 2.9 of the ESMS].

Investment strategy

The Fund’s investment strategy is to target Investments in renewable energy assets (i.e., utility scale and distributed solar, wind, run-of-the-river hydro), the circular economy (i.e., waste-to-value and waste management) and connectivity (i.e., telecommunications, data centres and electric vehicle infrastructure) sectors or verticals to create platforms, domiciled in, or deriving a substantial portion of their revenue from the Region as defined in the limited partnership agreement.

The Fund will not make an investment in a project or company that engages in any of the activities set out in the exclusion list detailed in Annex 7 (Exclusion List) of the ESMS.

The Fund will assess a potential investment against a range of criteria, including (amongst others) the standards and requirements detailed in Section 2 (ESGI Standards and Requirements) of the ESMS and the environmental criteria detailed in Annex 12 (Technical, Economic and Environmental Criteria for Eligible Investments) of the ESMS.

The Fund has adopted the IFC’s Corporate Governance Methodology to assess the good governance practices of investee companies, as further detailed in Section 2.11 (Corporate Governance) of the ESMS.

Proportion of investments

The Fund will invest at least 80% of the total invested amounts in Investments that attain the environmental and social characteristics promoted by the Fund (category #1B). Given the Fund’s investment strategy, a five-year ramp-up period will be set to meet the commitment to attain alignment with the promoted environmental and social characteristics (category #1B).

The remaining proportion of the Fund’s Investments will be held in the category #2 Other. These assets do not attain the environmental or social characteristics the Fund promotes. This category includes Temporary Investments as defined in the Fund’s limited partnership agreement. No environmental or social safeguards will apply to such #2 Other Investments.

#1 Aligned with E/S characteristics includes the investments of the financial product used to attain the environmental or social characteristics promoted by the financial product.

#2 Other includes the remaining investments of the financial product, which are neither aligned with the environmental or social characteristics nor are qualified as sustainable investments.

The category #1 Aligned with E/S characteristics covers:

-The sub-category #1B Other E/S characteristics covers investments aligned with the environmental or social characteristics that do not qualify as sustainable investments.

Monitoring of environmental or social characteristics

The Fund will monitor its attainment of the promoted environmental and social characteristics during the holding stage, via managing and monitoring Investments as further detailed in Section 2 (ESGI Standards and Requirements), Section 5.3 (ESGI Management: Construction / Operation and Maintenance) and Section 6 (E&S Monitoring, Review and Reporting) of the ESMS.

Methodologies

The sustainability indicators used to measure the Fund’s attainment of the promoted environmental and social characteristics are set out in Annex 10 (KPIs for E&S Portfolio Company Level Reporting) of the ESMS. Additional indicators may be added at a later point in time, and these will be included in the Fund’s periodic reporting (made pursuant to article 11 of the SFDR), which will be appended to the Fund’s annual reports.

Data sources and processing

1.the data sources used to attain each of the environmental or social characteristics promoted by this financial product:

Data sources are collected directly from the investee companies using forms and questionnaires developed by the Fund, supplemented by publicly available information and, where applicable, third-party sources. The Fund analyses this information to assess each environmental and social characteristic as outlined in Section 5.1 (Initial Screening and E&S Categorization), Section 5.2 (ESGI Due Diligence), Section 5.3 (ESGI Management: Construction / Operation and Maintenance), and Section 6 (E&S Monitoring, Review and Reporting) of the ESMS.

2.the measures taken to ensure data quality:

The Fund has developed standardized forms to collect the necessary information. The data provided is corroborated through on-site visits, regular reports from investee companies, and interviews (when applicable), as outlined in Section 5.3 (ESGI Management: Construction/Operation and Maintenance) and Section 6 (E&S Monitoring, Review, and Reporting) of the ESMS.

3. how data are processed:

The information provided directly by the investee companies, whether from the reports and form as they submit, the results of on-site visits conducted by the Fund, or desktop reviews to analyse the compliance with each ESAP, is analysed by the ESGI Specialist. When applicable, this information is compared with data from previous periods and reported quarterly and annually to investors. If there are any doubts about the information, the ESGI Specialist will address them directly with the ESG representative or any member of senior management at each investee company.

4. the proportion of data that are estimated:

It is not possible to accurately determine the proportion of estimated data that the Fund will rely on. As mentioned above, the data will be collected directly from the investee companies.

Limitations to methodologies and data

1.any limitations to the methodologies referred to in Article 24, point (g), and to the data sources referred to in Article 24, point (h):

Some limitations the Fund may encounter include a lack of publicly available information during the Initial Screening and E&S Categorization phase (Section 5.1 of the ESMS). Additionally, during the ESGI Management: Construction/Operation and Maintenance phase (Section 5.3 of the ESMS), the Fund may face challenges related to insufficient knowledge among investee companies regarding the completion of the ESG forms and reports provided by the Fund, as well as lacking information on the standards outlined in Section 2 (ESGI Standards and Requirements of the ESMS), which could result in inconsistent reporting.

2. how such limitations do not affect how the environmental or social characteristics promoted by the financial product are met:

These limitations will be addressed by conducting an ESGI Due Diligence on each investee to validate information not publicly available during the Initial Screening and E&S Categorization phase (as outlined in Section 5.2 of the ESMS). During the ESGI Management: Construction/Operation and Maintenance phase (Section 5.3 of the ESMS), regular engagement and a comprehensive training program for the company’s staff will be implemented for investee companies. Additionally, the Fund will request that each investee company appoint an ESG representative. An initial training session will explain the information they need to collect, followed by additional training to enhance their capabilities in the areas outlined in Section 4 (Organizational Capacity Building) of the ESMS. Furthermore, any inconsistencies detected will be communicated to the ESG representative or a member of senior management at each investee company to resolve issues before reporting to investors.

Due diligence

The Fund will apply the screening and due diligence processes detailed in Sections 5.1 (Initial Screening and E&S Categorization) and 5.2 (ESGI Due Diligence) of the ESMS, including the exclusion of a potential investment in a project or company that engages in any of the activities set out in the exclusion list detailed in Annex 7 (Exclusion List) of the ESMS.

The Fund will assess a potential investment against required criteria, including environmental criteria, as further detailed in Annex 12 (Technical, Economic, and Environmental Criteria for Eligible Investments) of the ESMS.

Engagement policies

The Fund pays particular attention to the engagement with the investee companies through active stakeholder engagement, as further detailed in Section 2.10 (Stakeholder Engagement) of the ESMS.

Additionally, the Fund has established decided management procedures for handling sustainability-related controversies, including in investee companies. Among these is a dedicated grievance mechanism, detailed in Section 6.3 (Manager and Fund ESGI Reporting) (Grievance Mechanism) of the ESMS, along with incident and accident reporting mechanisms, further detailed in Section 6.4 (Incident and Accident reporting) of the ESMS.

Designated reference benchmark

A reference benchmark has not been designated to attain the Fund’s environmental and social characteristics.

Les informations suivantes concernent XIC Latin America Fund I (Luxembourg), SCSp (le « Fonds “) et sont fournies conformément à l’article 10(1)(a) à (c) du règlement (UE) 2019/2088 du Parlement européen et du Conseil du 27 novembre 2019 relatif aux informations à fournir en matière de développement durable dans le secteur des services financiers, tel que modifié (le ” SFDR “) et à la section 2 du chapitre IV du règlement délégué (UE) 2022/1288 de la Commission complétant le SFDR (le ” règlement délégué »).

Résumé

Conformément à l’article 8 de la SFDR, le Fonds est considéré comme un produit financier qui promeut des caractéristiques environnementales mais dont l’objectif n’est pas l’investissement durable.

La stratégie d’investissement du Fonds est de cibler les Investissements dans les actifs liés aux énergies renouvelables, à l’économie circulaire et aux secteurs ou verticales de la connectivité afin de créer des plateformes, domiciliées ou tirant une partie substantielle de leurs revenus de la Région telle que définie dans le contrat de société en commandite. Ce faisant, le Fonds promeut les caractéristiques environnementales et sociales suivantes :

Contribuer à l’ODD 7 (Énergies renouvelables) en soutenant les cibles suivantes [section 2.12 du Système de Gestion Environnementale et Sociale (ESMS) d’Exagon Impact Capital LLC] :
ODD 7.1 : assurer l’accès universel à des services énergétiques abordables, fiables et modernes ;
ODD 7.2 : augmenter considérablement la part des énergies renouvelables dans le bouquet énergétique mondial.
Contribuer à l’ODD 8 (Travail décent et croissance économique) en soutenant la cible ODD 8.2 : atteindre des niveaux plus élevés de productivité économique par la diversification, à l’amélioration technologique et à l’innovation, notamment en mettant une focalisation sur la valeur ajoutée [section 2.12 de l’ESMS].
Contribuer à l’ODD 9 (Industrie, innovation et infrastructure) en soutenant la cible ODD 9.1 : développer des infrastructures de qualité, fiables, durables et résilientes, y compris des infrastructures régionales et transfrontalières, pour soutenir le développement économique et le bien-être humain, en mettant l’accent sur un accès abordable et équitable pour tous [section 2.12 de l’ESMS].
Contribuer à l’ODD 11 (Villes et communautés durables) en soutenant la cible ODD 11.2 : donner accès à des systèmes de transport sûrs, abordables, accessibles et durables pour tous, en améliorant la sécurité routière, notamment en développant les transports publics, avec une attention particulière aux besoins des personnes en situation de vulnérabilité, des femmes, des enfants, des personnes handicapées et des personnes âgées [section 2.12 de l’ESMS].
Contribuer à l’ODD 12 (Consommation et production responsables) en soutenant la cible ODD 12.5 : réduire considérablement la génération de déchets grâce à la prévention, la réduction, le recyclage et la réutilisation [section 2.12 de l’ESMS].
Contribuer à l’ODD 13 (Action climatique) en soutenant la cible ODD 13.2 : intégrer des mesures de lutte contre le changement climatique dans les politiques, les stratégies et la planification nationales [section 2.12 de l’ESMS].
Main-d’œuvre et conditions de travail [section 2.2 de l’ESMS];
Utilisation rationnelle des ressources et prévention de la pollution [section 2.3 de l’ESMS];
Santé, sécurité et sûreté des communautés [section 2.4 de l’ESMS];
Évitement des déplacements physiques ou économiques involontaires résultant des investissements [section 2.5 de l’ESMS];
Conservation de la biodiversité et gestion durable des ressources naturelles vivantes [section 2.6 de l’ESMS];
Amélioration de l’égalité des genres par le biais des investissements alignés sur les critères 2X [section 2.7 de l’ESMS];
Protection des peuples autochtones [section 2.7 de l’ESMS];
Protection du patrimoine culturel [section 2.8 de l’ESMS et annexe 5];
Alignement sur l’Accord de Paris [section 2.9 de l’ESMS].

Le Fonds cherche à atteindre les caractéristiques environnementales et sociales promues en appliquant sa stratégie d’investissement, résumée comme suit :

Sélection et diligence raisonnable : Le Fonds appliquera les processus de sélection et de diligence raisonnable décrits dans les Section 5.1 (Sélection initiale et catégorisation E&S) et Section 5.2 (Diligence ESGI) de l’ESMS, incluant l’exclusion d’un investissement potentiel dans un projet ou une entreprise qui s’engage dans l’une des activités mentionnées dans la liste d’exclusion détaillée à l’Annexe 7 (Liste d’exclusion) de l’ESMS. Le Fonds évaluera également un investissement potentiel selon des critères requis, y compris des critères environnementaux, comme détaillé dans l’annexe 12 (Critères techniques, économiques et environnementaux pour les investissements éligibles) de l’ESMS.
Gestion et suivi : Pendant la phase de détention, le Fonds gérera et suivra les investissements conformément aux détails des Section 2 (Normes et exigences ESGI), Section 5.3 (Gestion ESGI : construction / opération et maintenance) et Section 6 (Suivi, examen et rapports E&S) de l’ESMS.

Le Fonds investira au moins 80 % du total des montants investis dans des investissements qui atteignent les caractéristiques environnementales et sociales promues par le Fonds (catégorie #1B). Compte tenu de la stratégie d’investissement du Fonds, une période de montée en puissance de cinq ans sera fixée pour atteindre l’alignement sur les caractéristiques environnementales et sociales promues (catégorie #1B).

Les indicateurs de durabilité utilisés pour mesurer la réalisation par le Fonds des caractéristiques environnementales et sociales promues sont définis dans l’Annexe 10 (Indicateurs clés de performance pour le portefeuille E&S Rapports au niveau de l’entreprise) de l’ESMS. Des indicateurs supplémentaires peuvent être ajoutés ultérieurement et seront inclus dans les rapports périodiques du Fonds (conformément à l’article 11 du SFDR, qui sera annexé aux rapports annuels du Fonds).

Le Fonds a adopté la méthodologie de gouvernance de l’IFC pour évaluer les pratiques de bonne gouvernance des entreprises investies, comme détaillé dans la Section 2.11 (Gouvernance d’entreprise) de l’ESMS.

Le Fonds accorde une attention particulière à l’engagement avec les entreprises investies grâce à un dialogue actif avec les parties prenantes, comme détaillé dans la Section 2.10 (Engagement des parties prenantes) de l’ESMS.

Le Fonds a établi des procédures de gestion pour gérer les controverses liées au développement durable, y compris celles impliquant les entreprises investies. Ces procédures comprennent un mécanisme de traitement des griefs, décrit dans la Section 6.3 (Rapports ESGI du gestionnaire et du Fonds) (Mécanisme de traitement des griefs) de l’ESMS, ainsi qu’un mécanisme de signalement des incidents et des accidents, détaillé dans la Section 6.4 (Signalement des incidents et accidents) de l’ESMS.

De plus, le Fonds collectera des sources de données directement auprès des entreprises investies à l’aide de formulaires et de questionnaires élaborés par le Fonds, complétés par des informations accessibles au public et, le cas échéant, des sources tierces. Les données fournies seront corroborées par des visites sur place, des rapports réguliers des entreprises investies et des entretiens. Les défis peuvent inclure un accès limité aux données publiques et des lacunes dans les connaissances des entreprises investies, ce qui peut entraîner des incohérences dans les rapports ESG. Pour y remédier, le Fonds mènera une diligence ESGI pour chaque entreprise investie et offrira un engagement régulier, des formations et un soutien régulier. En outre, chaque entreprise investie désignera un représentant ESG pour garantir une collecte de données précise, avec des efforts supplémentaires de renforcement des capacités et une focalisation sur la résolution des incohérences avant les rapports aux investisseurs.

Aucun indice de référence n’a été désigné pour atteindre les caractéristiques environnementales et sociales du Fonds.