ESG report 2024 

Argentum

5.5: “Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life”.

Percentage of women in the company overall, in specialist functions

 Specialist functions are defined as investment team members. 

The percentage of women is 33,3 % in the company overall, 10 % in specialist functions, and 0 % in management.

8.3: «Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services»

Number of new investments in fund and amount invested in the funds

12.6: «Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle»

Number of managers who have taken concrete steps to further develop their ESG policies/ESG routines.

13. Take urgent action to combat climate change and its impacts.

Development in CO2 emissions among portfolio companies that have reported on this

Scope 1: Decrease 6 % (median decrease 0.3 %).

Scope 2: Decrease 24 % (median decrease 0 %)

After the reporting year 2023, Argentum is incorporating non-financial information into the company’s annual report. This report is an English translation of the ESG-chapter of the annual report. 

Argentum has undertaken comprehensive work related to ESG in 2024. Initially, Argentum was subject to the reporting obligations under the EU's Corporate Sustainability Reporting Directive (CSRD) effective from the reporting year 2025. Based on this, it was decided to commence reporting as early as 2024, with the goal of being well-prepared for the forthcoming requirements. The company therefore conducted extensive work related to the implementation of CSRD in the autumn of 2024, including a double materiality analysis. This chapter presents the methodology and results of this work (see section 3), as well as a summary of the findings from Argentum's annual ESG survey, which is sent to all active managers in the company's portfolio.

The UN Global Compact is based on ten principles related to human rights, labor standards, the environment, and anti-corruption. Read more 

The UN PRI is related to environmental, social, and governance issues, including that ESG should be included in the investment process. Read more 

The European Data Convergence Initiative is an industry initiative aimed at establishing a standard set of ESG indicators for fund managers and fund investors, which will ease the reporting burden and provide investors with more insight into the companies in the portfolio.

Argentum has incorporated Invest Europe, the European industry association for private equity, its standard for responsible investments in the follow-up of managers.

The internal reporting on corporate social responsibility at Argentum is based on relevant indicators from the UN Global Reporting Initiative (GRI), which, among other things, shows our impact on the environment.

ESG report 2024

Table of Contents

Introduction