Our Approach

CFE Group recognizes the significant impact it has on society, the environment, and the economy, and places a strong emphasis on these aspects, going beyond mere compliance with regulations.

At CFE Group, we are dedicated to promoting innovative and sustainable business practices, facilitating the transition towards a more ecological future, and enhancing the well-being of individuals. We firmly believe that economic growth and sustainability go hand in hand. Therefore, we actively engage in advocating for and fostering an investment culture grounded in sustainability and responsibility.

The financial sector plays a critical role in supporting the advancement of a sustainable business ecosystem, contributing to long-term value creation. We proactively propose solutions that integrate social and environmental considerations throughout the investment process. Our commitment to prioritizing these factors continues to grow, as we recognize their importance in building a better future.

ESG FACTORS

The “E” stands for environmental and encompasses the direct and indirect effects of a company’s activities on the environment.

The “S” represents social and includes the impact that a company has on its social environment within the community.

The “G” symbolizes governance, referring to the company’s corporate governance practices. This includes aspects such as the composition and diversity of its Board of Directors, transparency policies regarding public information, and adherence to codes of conduct.

FACTOR E

Environment

CFE Finance Group has consistently demonstrated a responsible approach, placing a strong emphasis on environmental well-being through strategic investments and partnerships.

As a supporter of eco-friendly sports, CFE Finance Group has been sponsoring the international rowing competition, Silver Skiff, since 2012. In the same year, the Group invested in a sustainability project with Recy Technologies Srl, a specialized company focused on plastic collection and recycling systems.

CFE firmly believes that harnessing new technologies to achieve sustainability goals presents numerous opportunities for improving social and environmental impacts. In 2021, the Group made a strategic investment in NewCleo, a startup founded by Pr. Stefano Buono. NewCleo aims to revolutionize energy extraction from nuclei, with the goal of achieving zero emissions and enabling a sustainable future for the planet.

Furthermore, in 2021, the Group acquired a 49% stake in Techstar Srl, an Italian startup led by Dr. Marco Zanuttini, specializing in artificial intelligence and augmented reality. Through Techstar’s innovative Metapresence platform, CFE now has a virtual office where managers and team members can conduct meetings and training sessions, reducing the need for travel and minimizing environmental impact.

CFE’s commitment to responsible partnerships led to its collaboration with RiverRock European Capital Partner in 2023, acquiring a 60% share capital. RiverRock, a signatory of the United Nations Principles for Responsible Investment, received an A rating for Strategy & Governance in 2020.

In 2023, CFE Finance committed to Objective No. 6 of the UN Agenda 2030, which focuses on sustainable water management. As part of this commitment, CFE supports Satya Obelette, accompanied by the UNEP, on her fifteen-month global tour. Satya’s objective is to raise awareness, promote critical thinking, and discover innovative solutions to preserve this precious natural resource.

Recognizing its role, CFE Finance has made sustainability a priority in its future decision-making processes, aiming to foster awareness and reflection among its managers, collaborators, and external partners.

FACTOR E

Environment

CFE Finance Group has been acting responsibly for years, taking care of the environment through investments and partnerships.

As supporter of “ecologically clean” sports, CFE Finance Group has been promoting the international rowing competition Silver Skiff since 2012. In the same year the Group invested in sustainability project with Recy Technologies Srl, a company specialized in the plastic collection and recycling system.

CFE is convinced that using new technologies to achieve sustainability goals creates many possibilities to improve social and environmental impact. In this field, in 2021, the Group decided to invest in NewCleo. The start-up founded by Pr. Stefano Buono, NewCleo aims to develop a new way of controlling the process of extracting energy from nuclei with the aim of allowing the planet to achieve zero emissions.

In the same year the Group invested in Techstar Srl, acquiring 49% of Italian startup, founded by Dr. Marco Zanuttini. Techstar Srl, specializes in artificial intelligence and augmented reality.

Thanks to the Metapresence platform developed by Techstar, CFE has a virtual office where managers and collaborators can organize meetings and trainings, with the aim of reducing the environmental impact due to reduced travel between various group offices.

The sense of responsibility, prevailing in the choice of partners, led CFE to join RiverRock European Capital Partner in 2023, acquiring 60% of the share capital. RiverRock, a signatory to the United Nations Principles for Responsible Investment, received an A rating for Strategy & Governance in 2020.

In 2023 CFE Finance has committed to objective No. 6 of the UN Agenda 2030, on sustainable water management. CFE accompanies Satya Obelette, supported by the UNEP, on her fifteen-months tour of the world. Satya’s goal is to raise awareness, to make people think and to find new solutions to preserve this precious natural asset.

Being aware of its role, CFE Finance has decided to dedicate the priority of its future choices to sustainability, with the aim of stimulating the awareness and reflection of its managers, collaborators, and external partners.

FACTOR S

Social

At CFE, we recognize the role and responsibility that a financial group holds towards the community.

In line with this commitment, CFE has actively supported and continues to support various organizations and associations dedicated to assisting those in need. We place particular attention on charitable and non-profit organizations, such as Time2 for fostering inclusion, Bazar Sans Frontières de Luxembourg for combating poverty, The House of the Sun in Benin for promoting girls’ education, the London FPA for responsible journalism, and The Turin Philharmonic Orchestra, which offers cultural enrichment through chamber concerts featuring Italy’s most talented young musicians.

FACTOR G

Governance

We are dedicated to contributing to a world that offers a sustainable future and an improved quality of life for all individuals.

At CFE, we embrace diversity, foster inclusivity in our workplace, and actively encourage meaningful engagement among all employees. The composition of our Board of Directors is currently diverse, comprising both women and men. This diversity extends beyond gender and encompasses a range of experiences and nationalities among its members. Gender diversity is a significant and widely discussed topic, and at CFE, we are committed to promoting equal opportunities throughout our organization. Within our group, we maintain an equal representation of women and men in managerial positions. In 2022, we also introduced flexible working arrangements, enabling colleagues to tailor their workday based on their roles, teams, and business requirements. This flexibility allows them to start work at 8:00 am and finish at 5:00 pm, work from home, or explore alternative arrangements in consultation with their managers.

FACTOR G

Governance

We want to contribute to a world that provides a viable future with enhanced quality of life for everyone.

We embrace diversity, foster an inclusive workplace, and encourage real engagement among all our employees. The CFE Board of Directors is currently made up of women and men. The diversity of the Board of Directors is not just about gender, but also about the experience and nationality of its members. Gender diversity is a highly topical and hotly debated issue, and in CFE we are committed to promoting equal opportunities within our group. In our group, we have an equal presence of women and men and both hold managerial positions. In 2022, we also introduced smart working so that colleagues can shape their day according to their role, team, and business needs. They can start work at 8:00 am and finish at 5:00 pm, work from home, or come up with another arrangement with their manager.

OUR TARGETS

Our Responsible Business strategy incorporates the key concepts of Environmental, Social, and Governance (ESG). We strive to align our operations with the United Nations Sustainable Development Goals (SDGs), specifically focusing on Goals 1, 2, 4, 5, 8, 9, 13, 16, and 17. These goals encompass a range of important areas such as eradicating poverty, ensuring food security, promoting quality education, achieving gender equality, fostering decent work and economic growth, promoting sustainable infrastructure, combating climate change, promoting peaceful and inclusive societies, and strengthening global partnerships. We are committed to contributing to these goals and will continue to prioritize them in our actions and initiatives.

OUR ACTIONS

Through the initiatives and endeavors showcased in the “Our Actions” chapter, we exemplify our steadfast dedication to achieving sustainable growth.

Find out more

Our Approach

ESG FACTORS

Environment

Environment

Social

Governance

Governance

OUR TARGETS

OUR ACTIONS

LUXEMBOURG

GENEVA

LONDON

MONACO