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sustainability /
OUR ESG APPROACH

OUR ESG APPROACH

Vauban Infrastructure Partners approach is to invest in essential infrastructures, with a25-years-Buy & Hold-strategy, providing positive impacts to local communities over the long term.

We believe that we have a shared responsibility as investors to build and maintain vital and sustainable infrastructure systems so that communities can thrive and create new opportunities for us all and the coming generations.

In 2015, we actively took part in the launch of the GRESB Infrastructure initiative. As a founding member, we are now an active participant at the Advisory Board level, being involved in the design of the assessment methodologies and processes.

Since then, we keep increasing our commitment to develop implementable solutions with sectorial stakeholders, through our involvement in several public initiatives, events or industrial researches, but also by supporting our asset operators in their journey and applying those principles at our own company level.

Our impact as responsible investor

Rated A+ by PRI

Founding member of Global Real Estate Sustainability Benchmark (GRESB) Infrastructure

Awarded "European ESG Coordinator of the Year" by IJGlobal (2020)

Our 4 priority commitments

Balanced and Effective Governance

We pay particular attention to a balanced and effective Governance, promoting an ambitious sustainability approach.

We have established an ESG committee with the day-to-day support of a dedicated ESG officer and ESG director, to develop and oversee ESG policies and procedures.

Holistic Vision of Investment

ESG-criteria are considered in decision-making across the entire investment cycle, and for each asset, with a proprietary methodology developed to assess ESG Risks & Opportunities against the UN Sustainable Development Goals (SDGs) framework.

Long-Term Horizon Consideration

We monitor material ESG issues to identify long-term Risks & Opportunities and actively engage our portfolio companies to build their sustainability plan and follow up on their objectives.

Transparency and Advocacy

In addition to reporting to LPs and relevant stakeholders on ESG, Vauban partners with asset operators and experts to develop transformative solutions at the sectors level

Vauban Infrastructure Partners 2020 Year in review.

Our ESG journey

First ESG review of the existing portfolio

Founding member of the GRESB Infrastructure Assessment

First portfolio carbon footprint carried out

Signatory of
the UN PRI

Signatory of the France Invest Charter for Gender Parity

All funds classified as article 8 under SFDR
-
Launch of the VAUBAN Infrastructure Partners Climate Strategy

Our CEO, Gwenola Chambon, appointed as member of the UN PRI Infrastructure Advisory Committee

2013

2015

2017

2019

2020

2021

2022

sustainability /
OUR CLIMATE STRATEGY

OUR CLIMATE STRATEGY

Vauban IP is an infrastructure specialist investing and managing a diversified portfolio, ensuring its consistency with its sustainability goals. In the context of the acceleration of global carbon neutrality commitments and the urgency to adapt to climate change, Vauban IP is reasserting its ambition as a “transformative” investor.

To be transformative, Vauban IP strategy is deployed at three levels: the investment strategy level (“Invest”), the asset management level (“Influence”) and the cooperation with other stakeholders level (“Involve”).

Invest

With respect to climate issues, Vauban IP has committed to align with the Paris Agreement. This is reflected at the investment strategy level:

• Vauban IP excludes assets related to exploration and production of fossil fuels (coal, oil, shale gas, gas) from its portfolio.

• Vauban IP has notably integrated in each phase of its investment process an impact methodology, a holistic approach to ESG matters throughout the stages of each asset’s entire lifecycle, based on a comprehensive materiality analysis. Material impacts are mapped under both GRESB and UN Sustainable Development Goals (SDG) frameworks to monitor, report and analyze assets’ sustainability performance.

• Vauban IP systematically assesses the carbon footprint and resilience of its investments and how they contribute to the Paris Agreement objective to limit global temperature to 2°C compared to preindustrial levels.

Influence

Vauban IP actively supports its asset operators going forward in their climate strategies:

• Regarding Vauban IP’s investments, one of the major outcomes of the impact methodology is to highlight the positive and negative sustainability impacts of each of its assets.

• Based on a regular review, the investment team is incentivized to fix and follow up KPIs with their asset operators to improve their climate impact.

• Based on those KPIs Vauban IP may support the asset operators’ decisions and going forward in their ambitious and targeted climate strategies.

Involve

In respect of other stakeholders’ involvement, Vauban IP is supporting, on a case-by-case basis, market initiatives working towards industrial and transformative solutions, sustainability guidelines and regulatory changes favouring sustainable infrastructure:

• Among other initiatives, Vauban IP conducted in 2021 a study (“Infrastructure for Climate”), based on dedicated workshops combining external academic expertise and business insights with key industrial players, to present views and solutions on how to adapt infrastructure projects to climate change.

Key figures

2020 carbon footprint
at portfolio level

(tCO2 eq p.a.
per €m invested)

60

2020 carbon footprint
per key sector

(tCO2 eq p.a.
per €m invested)

41
Mobility
59
Social
73
Digital
132
Energy transition

Sectoral assessment
of portfolio temperature

(°C)

1.5
EV charging stations and meters
1.5
Rail (metro, tram, distance railways)
1.8
Heat and power distribution networks
2.0
Optic fiber
2.8
Social buildings
3.4
Highways and parkings
5.5
Airports
Altermind conference

Watch the whole conference here

  • 2021 Vauban Infrastructure for climate report

    Download

sustainability /
OUR IMPACT

OUR IMPACT

Investment Strategy

As a responsible investor, we strive to maximize value creation and a positive impact for all stakeholders.

Portfolio case studies

Proxiserve

An active player of the
energy transition

Indigo

A smart and multifaceted infrastructure

Axione

The deployment of FTTH in Nord-Pas-de-Calais

Our impact as a committed company

Environment
With the support of Reforest'Action, Vauban is committed to the carbon compensation of its CO2 emissions

500
tons of CO2 compensated through reforestation
3500
trees planted in Marne

Diversity
Signatory of the France Invest Diversity Charter towards gender equality

40%
Women
60%
Men

ESG Performance

100%
of investment teams have ESG performance objectives for calculating their variable compensation.
We therefore align our teams’ interests with the ESG performance of our portfolio companies.

sustainability /
ESG PUBLICATIONS

ESG PUBLICATIONS

Policies

ESG Research

  • 2020 Vauban The Era of Infrastructure 4.0

    Download

  • 2021 Vauban Infrastructure for Climate report

    Download

Sustainability Reports

  • 2020 Vauban The Era of Infrastructure 4.0

    Download

  • 2021 Vauban Infrastructure for Climate report

    Download

SFDR

  • Vauban SFDR Statement

    Download

  • Pursuant to Regulation (EU) 2019/2088 of the European Parliament and of the Council on the publication of information on the Sustainable Finance Disclosure Regulation (“SFDR”), this document includes the communication relating to Articles 3, 4 and 5:

    • The sustainability risk policy,
    • The main negative impacts and
    • The integration of sustainability risks into the remuneration policy.

Indigo: a smart and multifaceted infrastructure

Indigo manages several businesses: off-street parking, on-street parking, individual mobility, digital and proximity logistic services.
With more than 20 000 employees, Indigo manages over 5 600 car parks, more than 2.3 million parking spaces and 2200 km of on-street parking across over 750 cities in 11 countries.

Indigo has invested in innovation in mobility, notably in enhancements
to the urban mobility and parking value chains:

• Indigo is opening 100,000m² of parking spaces for last mile logis-tics and storage programs;

• Solutions to transform car parks into vehicle maintenance cen-ters are in the test phase in the Îlede-France region;

• At the Porte de Saint-Cloud and Harlay Pont-Neuf car parks in Paris, car parks are becoming fresh product delivery platforms. Orders are made on a smartphone app and the logistics chain includes storage areas, product preparation and delivery by cargo-tricycle.