Environmental, Social, and Governance

“I believe reporting on finance and impact are equally important and essential for the success of Rubio. Impact additionally is at the core of our mission, and we also collect ESG data to continuously check & evaluate our sustainability and ethical standards.”

The ESG data below is assembled in 2022. For 2023, we are in the process of collecting and analysing the data and will be updated in this online report once ready, so please stay tuned.

Planet

As part of our reporting on the Principle Adverse Impact (PAI) disclosures for SFDR we collected ESG data from all our portfolio companies. All planet indicators can be found in our SFDR disclosures.

GHG Emissions Scope 1 (mt)

20,3

Fund 1

189,5

Fund 2

GHG Emissions Scope 2 (mt)

539,5

Fund 1

396,7

Fund 2

GHG Emissions Scope 3 (mt)

6.766,8

Fund 1

89

Fund 2

Carbon Footprint (mt per € 1m invested)

19,6

Fund 1

1,6

Fund 2

GHG Emissions

0%

Exposure to companies active in the fossil fuel sector. (Fund 1 & 2)

Biodiversity

0%

Share of investments in investee companies with activities negatively affecting biodiversity-sensitive areas. (Fund 1 & 2)

People

As part of our reporting on the Principle Adverse Impact (PAI) disclosures for SFDR we collected ESG data from all our portfolio companies. All people indicators can be found in our SFDR disclosures.

Board Gender Diversity

23%

Fund 1

19%

Fund 2

Gender Pay Gap

7,3%

Fund 1

7,4%

Fund 2

Share of investments in entities without a human rights policy

50%

Fund 1

77%

Fund 2

Investees involved in the manufacture or selling of controversial weapons

0%

Fund 1

0%

Fund 2

Rubio Fund Manager

We measure our own Rubio ESG in several ways; via our B Corp Assessment, via our internal ESG policies and commitments to UNCG & UNPRI, and by measuring our carbon footprint, see below:

B Corp Assessment

90,2

we are recertificied in 2023 waiting for our new score

Tonnes of CO2 footprint in 2023

6,4

Policies

We love sharing and we believe in radical transparency. So next to our SFDR disclosures we also share our Rubio Carbon Footprint Policy, DEI policy & ESG policy below as we believe their are relevant in our funds approach to ESG. You can also find our Impact methodology in the Impact chapter of this online report.

Rubio in the top 10 % of global impact funds

In 2023 we audited our Rubio impact strategy and we are happy to report that our score placed us in the top 10 % of global impact funds (and topping our score in 2021) 🙌 The Phenix Impact Fund Due Diligence Assessment measures on 33 criteria, which are split into 6 themes: intentionality, impact strategy, measuring & reporting, transparency, impact governance & industry collaboration.

According to the Phenix Capital Group IMM team “The score firmly positions Rubio Impact Fund III in the top decile among globally assessed funds. With the score of 81 well above the industry average of 65, this attests to their commitment to enhancing their impact proposition and securing a place among the leading scorers for impact robustness.”

It goes without saying that we are very happy with our high score, we strongly believe that impact investing isn’t worthy of the name unless it is properly measured. Of course there is always room for improvement, and we want to keep learning as this is an emerging field and we need to keep pushing the bar further up! But the score confirms strong & ambitious impact goals are at the core of everything we do @ Rubio. 💚

Thanks for reading!

Thanks for reading! We see this report  as a constant work in progress. If you have ideas on how we could make the next report better, we would love to hear from you. Please email us at info@rubio.vc. If you love our impact like we do, please follow our ventures adventures (this means we will be sending you our occasional newsletter 🙂) and/or follow our updates on LinkedIn.

"*" indicates required fields