When selecting investments, E3’s group strategy involves opting only for companies that operate in sectors that satisfy basic human needs such as:
Business models serving these timeless needs directly or indirectly can count on our support in future-proofing them and helping them embrace technology.
A key element of every acquisition is an ESG due diligence review, conducted by our partner fors.earth capital.
ESG due diligence reviews help us
- check for potential violations of our exclusion criteria,
- determine any red flag issues,
- take stock of sustainability activities on the basis of a company-specific materiality analysis, and
- identify development potential.
Our Investment Committee takes these ESG due diligence findings, including the risks and opportunities identified, into account when making its decision.
The findings are also used to determine initial recommendations for subsequent active ownership. Where the ESG due diligence has yielded indications that a group company needs to up its game in a key area, we help that company draw up a road map after the acquisition. This approach ensures that our standards in these areas are met within a year of closing.