As an entrepreneur-investor, Truffle Capital contributes to the creation and development of innovative companies that have what it takes to become tomorrow's leaders. The Management Company is actively involved in the development of an ecosystem in the healthcare and tech industries, and contributes to the development of a sustainable and responsible economy, a source of job creation and social progress, while preserving environmental capital.
This very early observation, led Truffle Capital to sign the United Nations Principles for Responsible Investment (PRI) in January 2012 . Thus, Truffle Capital was one of the first players in the French private equity market committed to respect the 6 main principles of this key initiative for the development of responsible finance.
Truffle Capital believes that good management of environmental, social and governance (ESG) factors make it more appealing, improve the management of the risk as a whole and maximise returns on a portofolio over the long term.
Societal impacts
Integrating ESG criteria to Truffle Capital’s historical investment strategy
By focusing primarly on life sciences and digital technologies, Truffle Capital is well-placed to ensure that its investments can have a positive impact on society. This objective to controle the impact of its investment, which constitutes the first pillar of its responsible investment approach, is reinforced by an exclusion policy which aims, as a corollary, further the positive repercussions of its investments.
ESG
Integrating ESG criteria at all stages of its investment process in order to align the company with the best industry standards
The key principles of PRI engagement embraced by Truffle Capital have been embodied in a Responsible Investment (RI) Policy and the inclusion of ESG factors in Truffle's analysis and investment process, as well as in its active shareholding approach.
Disclosure Regulation
Management company's policy regarding the Disclosure Regulation
Most of 2019/2088 (UE) regulation provisions known as "Disclosure Regulation or SFDR, Sustainable Finance Disclosure Regulation" entered into force on March 10, 2021. They involve, in particular, the identification of sustainability risks that may affect the investment value (financial risks) and the inclusion or not of negative sustainability impact (non-financial risks of the investment that may, in the medium / long term, have a negative impact on the societal or natural environment).
In 2022, Truffle Capital classified the Truffle Innov FRR France fund as "Article 8" under SFDR for its promotion of environmental and social characteristics.
This fund is a “Fonds Professionnel de Capital Investissement” (FPCI) created and managed by Truffle Capital, and is dedicated solely to financing innovative French companies in the life sciences and IT sectors.
This fund is not marketed to the public and is dedicated exclusively to an institutional investor. Communication about this fund is therefore limited and its management requires a discretionary dialogue with the investor, in order to protect non-public and confidential information related to its operation. As a result, information relating to this fund cannot be made public on the Truffle Capital website.
Nevertheless, in order to comply with the regulatory requirements linked to the SFDR Regulation, Truffle Capital has provided investors with all the information required in line with the fund's "Article 8" classification and the transparency and reporting standards required, in accordance with the Regulatory Technical Standards (RTS).