What we disclose, and why

In 2022 we announced our fourth fund, Spintop IV, as an Article 8 fund under the EU Sustainable Finance Disclosure Regulation (SFDR). This means the fund promotes environmental and social characteristics, and we incorporate sustainability into every part of our investment process:

1. Pre-investment:
   exclusion of certain industries, investing only in companies that do no significant harm, investment committee screening and ESG due diligence.

2. Investment agreements:
   a commitment to sustainability reporting on a par with financial reporting.

3. Post-investment:
   quarterly ESG reporting, benchmarking across the portfolio, and promotion of sustainability KPIs through our board work.

Sustainability has been part of Spintop since our first investment in 2010, and we see our role as a positive force for sustainable development, both as a firm and as an investor. We therefore welcome the SFDR and have adapted our portfolio reporting to that standard.

In 2019, Spintop invested in Worldfavor, a sustainability management platform, which we now use for our own reporting. With all our portfolio companies on the platform, we have gathered a significant amount of data on the portfolio’s sustainability performance, which we use to drive improvement. The companies can use the same data to benchmark themselves and drive their own agendas. Data means transparency, and transparency drives change.