Our approach to good corporate governance, environmental responsibility and social behaviour are based on ESG (Environmental, Social, Governance) criteria and the United Nations Principles for Responsible Investment (UNPRI), which we have signed. This reflects our belief that non-financial criteria have a significant impact on the quality of growth and value creation.
At PREMIUM, we believe that every company must aim to reduce air pollution and greenhouse gas emissions in order to help limit climate change. We take these aspects into account during the investment process and the holding period of our investments.
Ecological factors such as sustainable agriculture, which conserves limited natural resources and is of great importance to society, ranges from the cultivation of foodstuffs to processing and trade to consumers. This is a selection criterion for our investments at PREMIUM, because maintaining a healthy ecosystem is a key factor for sustainable agriculture and the food system and its long-term productivity.
The less energy that needs to be used, the more energy-efficient a product or service is. It is also important to reduce energy requirements. Both aspects are incorporated into our investment decisions. They also have a direct impact on a company’s cost base and underline the homogeneity of ecology and economy.
PREMIUM and its affiliates want to contribute to a functioning circular economy. In accordance with the waste hierarchy “Prevention, Reuse, Recycling, Other Recovery and Disposal,” we review fundamental procedural improvement options to avoid environmental impacts.
We are committed to transparency and traceability, documenting our business activities through regular monitoring and reporting. This makes us transparent for all stakeholders, especially our investors, for whom we are trustees.
We fully comply with all relevant aspects of regulatory requirements. For example, we have made regular regulatory compliance (BaFin, Bundesbank BuBa, AML, MIFID) an integral part of PREMIUM’s operational processes to ensure greater transparency for all stakeholders. The auditor of PREMIUM is KPMG.
Our quality management is based on the definition and ongoing review of processes. For example, strict adherence to the analysis and investment process is ensured. All affiliated companies have an advisory board of external industry experts, which also serves to ensure quality. PREMIUM has issued guidelines for data security and privacy protection and has delegated these to an external data protection officer.
Our portfolio companies also follow PREMIUM’s ESG standards. An external service provider performs ESG due diligence as soon as the investment process begins. Any breaches and points to be aware of are transferred to a list of measures. This process is supplemented by annual ESG reporting (progress monitoring) and discussion and documentation by the advisory board.
Respect for labour
and human rights
Respect for labour
and human rights
Respect for human rights cannot be compromised for us. At PREMIUM as well as at our affiliated companies and throughout their supply chains, we ensure – as far as possible – that these fundamental rights are observed. This aspect forms the basis of our ESG due diligence in the investment process.
Employment conditions
and diversity
Employment conditions
and diversity
PREMIUM and its affiliated companies have employment standards that are based on, and even exceed, laws and regulations as well as market conformity. This mainly concerns working hours and holidays, wage systems, occupational health and safety and equal treatment of employees. The dimensions of diversity fundamentally enrich companies, which is why we promote diversity.
Sustainable
supply chains
Sustainable
supply chains
Even though PREMIUM and its affiliated companies are not covered by the Supply Chain Due Diligence Act, we observe its key principles, as sustainable supply chain management makes companies more resilient and competitive. In doing so, we focus on key supply chains and suppliers. Improving transparency is part of our annual ESG reporting.
Corporate
Citizenship
Corporate
Citizenship
Social commitment and the support of social and cultural institutions are part of the corporate responsibility of PREMIUM and our portfolio companies. PREMIUM itself is currently providing financial and operational support for an educational and integration institution for refugee women and their children as well as an independent museum in Frankfurt.