Page 23 - Admaius 2022 ESGI report
P. 23

Admaius Capital Partners’   H o w w e a p p r o a c h
                                   How we approach
                                   ESG and impact
         commitments               E S G a n d i m p a c t   Our portfolio

        Summary status of the portfolio as at 31/12/22





        The overall status of the portfolio                                                     Investment       Admaius                       Overall ESG   ESG flags
        is positive with no red flags.         Company                    Sector         Fund        date      ownership*        ESG champion     status   over 2022
                                               Company 1         Financial services  Virunga Africa  1  June 2022  Minority  Funmi Dele-Giwa,                 None
        For reporting year 2022 we collected ESG and                                                                           General counsel
        impact data from 2 portfolio investments
        which closed during the year. Please note   Company 2             FMCG   Virunga Africa  1  Nov 2022     Majority     Karim Gahbiche,                 None
        we are at an early stage of our ESG and                                                                                         CEO
        impact program with both companies,
        particularly Power Brands which only closed
        in November 2022.  We also recognize ESG
        and impact achievement is a continuous
        journey towards better and best practice and   Area                                                                                    Company 1  Company 2
        will continue to support both companies in   Does the company have an ESG policy / strategy                                                  Yes  In progress
        their respective journeys over time.
                                               Has the company been fully compliant with all relevant ESG regulation and laws over 2022              Yes        Yes
                                               Have there been any ESG incidents, fines or penalties paid over 2022                                  No         No
                                               Number of workplace fatalities over 2022                                                               0           0
                                               ESG metrics collected for reporting year 2022                                                         Yes        Yes
                                               Impact metrics collected for reporting year 2022                                                      Yes  In progress
                                               Have ESG and/or impact targets been set for the company                                               No         No

                                               * Majority ownership is defined as where Admaius owns over 50% of the company and/or has a controlling interest











        KEY: Overall ESG status for 2022
            Above level expected: Excellent progress
            As expected: Progress made with no concerns

            Working towards level expected: Less
          progress than anticipated

            Unable to determine progress as no
          data supplied
        22      Admaius Capital Partners  ESG & Impact Report 2022
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