“With our ESG transition finance and our taxonomy, we want to be as transparent as possible. Indeed, at Rotvogel we adopt a scientific-based approach to help our Institutional Clients, and advise them regarding what those solutions would be, the benefits of adopting those ESG solutions, and to avoid accusations of greenwashing,” Natale Laface explains.
The taxonomy outlines the way Rotvogel manages transactions that are classified as “Green”, “Transition” and/or contributing to the United Nations Sustainable Development Goals. In the Table 1 It also summarizes a broad list of eligible ESG economic activities included some of our main ESG key criteria and indicators :
Environmental factors |
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Natural resource use |
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Carbon emissions |
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Energy efficiency |
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Pollution/waste |
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Environmental opportunities |
Social factors |
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Workforce |
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Human rights |
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Diversity |
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Supply chain |
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Data Protection & Privacy |
Governance factors |
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Board independence |
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Board diversity |
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Shareholder rights |
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Management compensation |
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Corporate ethics |
“We need good greenhouse ESG profile data from our investment targets. At Rotvogel, through the asset management of our sustainability ESG Funds, we are able to incentivize companies in which we invest, to be more transparent in their greenhouse disclosure approach, asking them to prepare ESG reports on regular basis.
Furthermore, at Rotvogel, to assure an indendent valuation of the ESG activities of our investments through our funds, we have involved external independent ESG valuators that will remain in charge for all the duration of the investments.
We are effectively rewarding companies that start reporting their climate strategy, mitigation and adaption plans,” Natale Laface notes.
ESG Transition finance is also very context driven. Natale Laface suggests Investment Managers who want to do ESG transition finance do more research, starting with the client’s overall climate strategy. “When we talk about something that is in transition, we want to also know what they are transitioning into – what is the end goal for that company. Is it Paris-compliant?” she asks.
The time-bound nature of the projects is also crucial. “It is important to take that into account because we are talking about achieving net-zero (greenhouse gas emissions) by 2050, and looking to peak emissions by 2030. So that trajectory for us is important to our evaluation,” Natale Laface adds.
At Rotvogel we also need to understand the market’s economic development. “What would be considered in transition in a developing market may not be in a developed market. And as a result, we really need to look at Institutional clients’ pathway to achieve Paris-compliant goals, not just the asset or activity being financed in isolation,” Natale Laface notes.
ROTVOGEL SICAV RAIF is committed to acting in its clients’ best interests consistent with our fiduciary duty, client goals, and legal requirements.
We offer ESG focused products that seek to meet financial goals while also meeting client objectives for sustainable outcomes through our sustainable investing solutions.
We also offer strategies and products singularly focused on financial goals and objectives. As we strive to meet these objectives, managing financially material ESG risks and opportunities is an important part of our investment processes.
This illiquid fund is suitable for investors with longer term liquidity needs and those who require regular returns yearly with an ESG approach under the article 8 plus of the SFDR regulation.