The report provides a detailed disclosure about FSG Fund II, focusing on its alignment with environmental and social characteristics under Article 8 of the Sustainable Finance Disclosure Regulation (SFDR).
Key Contents
Purpose and Objectives:
• The fund aims to promote environmental and social benefits by investing in companies addressing unmet medical needs and supporting the United Nations Sustainable Development Goals (SDGs), including Good Health & Well-Being (SDG 3), Gender Equality (SDG 5), and Climate Action (SDG 13).
Investment Strategy:
• Focus on life sciences and technology sectors.
• Excludes investments in industries like fossil fuels, tobacco, weapons, and other sectors with significant sustainability challenges.
Performance Indicators:
• OssDsign and Saga Dx are the primary portfolio companies, with metrics tracked for gender representation, governance quality, and carbon footprint reduction initiatives.
• Both companies demonstrated compliance with ESG goals, with no reported ESG incidents.
Sustainability Achievements:
• 100% of investments aligned with the fund’s environmental and social objectives.
• Implementation of tailored ESG Action Plans for portfolio companies to improve sustainability governance and practices.
Limitations and Alignment:
• No investments classified as sustainable under the EU Taxonomy.
• Report does not include historical comparisons, as this is the first disclosure (covering 2023).
Governance and Support:
• Active engagement with portfolio companies’ leadership teams to drive sustainability initiatives, supported by periodic reviews and risk-based approaches.