OUR ENGAGEMENTS

Collective Vision for a Sustainable Future

The year 2023 at Audacia was full of milestones, strengthening our role as a committed player for a sustainable and responsible future. We are delighted to share with you our 2023 ESG report, which reflects our commitment to Environmental, Social, and Governance (ESG) initiatives.

DISTINCTIVE FEATURES OF AUDACIA

Charles Beigbeder: “In the Private Equity landscape, Audacia stands out for its ability to spot cutting-edge opportunities and turn them into concrete realities. Audacia’s approach is at the heart of our approach, allowing us to identify and support innovative projects before other investors spot them. We are the only management company to have such a Deeptech vertical, bringing together cutting-edge sectors such as quantum, new space, decarbonization/new nuclear and healthtech.” Olivier de Panafieu: “Our strength also lies in our know-how in transforming these cutting-edge ideas into expert, financed and active funds: knowing how to take the risk upstream of launching an initiative that is often the only one of its kind, knowing how to bring together ad-hoc expertise and then the funds themselves, first those with a quick decision and then those with high power requiring more time to be confirmed.”

A YEAR OF ACHIEVEMENTS AND PROGRESS

Charles Beigbeder: “In 2023, we completed 62 transactions, including 23 new investments, and supported 50 startups in promising sectors. These achievements demonstrate our ongoing commitment to identifying and developing cutting-edge opportunities.” Olivier de Panafieu: “Our decarbonized energy production, storage and transportation fund, Exergon, is the first in our range to be classified Article 9. Its impact on decarbonization will be measurable and very significant. Investors will be able to act on decarbonization by subscribing to it, given the direct link between its future investments and the decarbonization of energy. It is a concrete and ambitious example of our commitment to sustainable and responsible investments.”

LEADERSHIP AND GOVERNANCE IN 2023

Charles Beigbeder: “This year, Audacia has strengthened its leadership and governance. We worked in tandem with our new CEO, Olivier de Panafieu, which has energized our organization. The rise of the Board of Directors was marked by 4 independent recruitments, on an equal footing. We welcomed Céline Lagniez, Christiane Marcellier, Jean-Jacques de Gournay, and Charles Hirsch. These new recruits enrich our governance with their expertise and the diversity of their backgrounds.” Olivier de Panafieu: “We have also strengthened our internal structure with the appointment of a Secretary General, and the recruitment of experts in various key areas, such as energy and compliance. Fund governance has been strengthened with key person clauses, generating more responsible and protective governance for subscribers, which is essential for our sustainable growth.”

TRANSMISSION AND TRANSFORMATION

Olivier de Panafieu: “Transmission is also at the heart of our mission. In 2023, we launched the Gap Year Program, transforming our recruitment methods and thus strengthening our ties with the campuses of leading business schools. This program is for students taking their gap year during their Master’s cycle at a leading business or engineering school. It offers complete immersion in the world of private equity and asset management, with practical training and mentoring by our experts. This initiative reinforces our commitment to the transmission of knowledge and the preparation of future generations of leaders in our sector.” Charles Beigbeder: “By participating in the creation of the France Deeptech association last November, of which I am the Secretary General, our ambition is to unite the players in the deeptech sector: entrepreneurs, investors, research laboratories. This is how we will promote the emergence and growth of entrepreneurial projects capable of meeting contemporary challenges.”

FUTURE VISIONS AND PROJECTIONS

Charles Beigbeder: “Audacia is a place where entrepreneurs find shelter. We offer a stimulating environment for innovative minds, allowing them to transform their ideas into concrete realities.” Olivier de Panafieu: “Audacia stands out for its ability to concentrate the value, competence and performance of investments, always keeping the interest of investors at the heart of our approach. Our platform of entrepreneurs embodies our DNA: entrepreneurs at the service of entrepreneurs.”

OUR CORE VALUES

Charles Beigbeder and Olivier de Panafieu: “Audacia is built on three fundamental values: Singularity, Creativity and Expertise, and Collective Intelligence. Singularity: We value the uniqueness of each entrepreneur and project. At Audacia, we believe that it is by cultivating our singularity that we can innovate and stand out. Our pioneering investments in deeptech, such as the quantum, new space, decarbonization and healthtech funds, perfectly illustrate this value. Creativity: Creativity is at the heart of our approach, combined with solid expertise. We encourage innovative thinking and calculated risk-taking, supported by in-depth knowledge, to develop new and effective solutions for growth. Collective Intelligence: Collective intelligence is based on values of collaboration, mutual support and knowledge sharing. We value the breaking down of barriers between universes and the desire to create intelligent and expert bridges between our funds. It is this collective intelligence that allows us to create an environment where each member can flourish and actively contribute to collective success.”

Charles Beigbeder and Olivier de Panafieu: “We are convinced that the integration of ESG criteria is a sine qua non condition for Audacia’s success. This 2023 ESG report demonstrates our commitment and our determination, which grows stronger each year, to build a responsible and sustainable management company. We intend to accelerate our roadmap thanks to a talented team, aware of the challenges to be met. We invite you to discover our initiatives and results in detail, and we remain open to your suggestions and collaborations to continue moving forward together towards a fairer and more equitable future.”

OUR STORY

18 years of commitment to our funds and to Audacia

2024

Third ESG Report

Publication of the 3rd ESG report Transition of the space fund Expansion from Art. 6 to Art. 8 SFDR Deployment of the Art.9 SFDR Exergon Fund Formalization of the ESG strategy of the Real Estate Capital branch

2023

Second ESG report

Publication of the 2nd ESG report. Implementation of ESG monitoring of investments taken. Launch of the Art.9 SFDR fund, Exergon, focused on accelerating the energy transition.

2022

First ESG Report

Recruitment of a collaborator dedicated to ESG subjects. Design of a reporting framework with EthiFinance. Update of the ESG policy. Publication of the 1st ESG report.

2021

Collaboration with EthiFrance

Calculation of Audacia’s scope 1 and 2 emissions. Launch of the collaboration with EthiFinance.

2020

ESG Rating

Integration of an ESG rating into the investment process.

2019

Signature of the PRI

« Principles for Responsible Investment ». Drafting of the 1st ESG policy. Creation of a position dedicated to ESG.

2006

Creation of Audacia to support the development of growing SMEs.

OUR ACTIONS

ESG throughout Audacia

IN A FEW WORDS...

Quality of life at Audacia Support for associations Les Joyeux Recycleurs Café Joyeux Rural excellence Young people at Audacia Gap Year Program Heritage in the spotlight The Bourrienne Prize Reception of the Friends of the Louvre 2023 Participation in the Time to Change Forum

AUDACIA

Commitment to employees Since its creation in 2006, Audacia has distinguished itself by its commitment to its employees and its innovative approach to investment. The company makes a point of optimizing its processes to maximize its impact, in particular by advising its funds on ESG opportunities and actively participating in ESG due diligence and reporting. Professional integration Audacia also strives to continually improve the quality of life at work for its employees, by choosing eco-responsible partners such as Joyeux Recycleurs for waste management and Café Joyeux to offer quality coffee while supporting professional integration.

OUR DOCUMENTS

ESG Reports

ESG Activity Report 2023
ESG Activity Report 2022
ESG Activity Report 2021
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