Our approach to Environmental, Social, and Governance

Our commitment

We believe that responsible firms deliver long-term value and better returns for investors.

At Evoco, we believe that investing responsibly benefits all stakeholders and contributes to building more resilient companies and sustainable success. Responsible firms that address ESG (Environment, Social, Governance) matters deliver superior long-term value and better returns for investors. Furthermore, we believe that it is simply the right thing to do.

We integrate ESG criteria in our investment selection and portfolio management processes and have developed our own ESG checklist, which we assess during due diligences and discuss at Investment Committee level. We also guide our portfolio companies to actively engage on ESG topics. This ESG focus represents an opportunity for higher returns, reduces the risk profile of our investments and provides more transparency to our key stakeholders through reporting.

Case study rebuy

1

Promoting a circular economy through media and consumer electronics re-sale

Founded in 2009, rebuy is a European leader in the re-sale of refurbished consumer electronics. The company gives a new life to over 500k CE devices each year, extending device lifecycle as well as reducing global waste and reliance on rare earths used in mobile phone production.

2

CO2 footprint management

rebuy has its corporate carbon footprint calculated by ClimatePartner, a leading solution provider for corporate climate action, on an annual basis and since 2019. The company has been CO2 neutral since 2020. rebuy has also set itself the target of reducing CO2 emissions per item sold by 20% by 2025 and by 35% by 2030.

3

Employee well-being & education

Initiatives includes monthly employee surveys, seeking to create a more supportive work environment. Topics include mental health, physical well-being, and work culture. rebuy also developed a robust training program focused on leadership, in partnership with the TAM Akademie.

4

Commitment to society

rebuy has partnered with KARUNA, a local charity, in their “Streetphones for All” project, giving young homeless long-lasting, prepaid phones with starter credit. rebuy has also helped to set up a supportive SMS network between the users and the KARUNA Task Force. This is used to send information such as bad weather warnings or individual updates.

Case study Frank Gruppe

1

Boosting sustainable agriculture

With nearly 200 years of history, Frank is the European specialist for agricultural wear-parts helping farmers to put nature first in their weed-control operations, reducing the need for chemical applications. This is a great example on how to combine planet and profit, ultimately for the common goal of a better world.

2

Innovation meets sustainability

Valuing innovation and sustainability, the team has developed a bio-degradable paint pigment, allowing equipment OEMs to opt-in for reduced soil pollution and more sustainable farming practices. Frank Gruppe even got acclaimed by the Germany ministry of Economic Affairs and Climate Action for its ESG-focused research and development!

3

Employee care & relief

Following the Russian war of aggression against the Ukraine, the Frank Gruppe’s team has launched an initiative to provide Ukrainian workers and families with care packages and necessary support.