Emerald Peak's declared purpose is to alleviate poverty and inequalities in the countries we invest in.
We believe that one of the fundamental drivers of poverty in the region is the lack of appropriate education. The most vulnerable people are forced to take low-paying jobs, often informal and without social security because they have not had access to formal education.
Our goal is to give these people access to formal jobs and social security protection for them and their families. Furthermore, our aim is to provide them technical skills training that advances their career and gives them new opportunities to grow within the company or the labour market at large. We are also looking to specifically support the most vulnerable employees (mono-parental, disabled, minorities) with appropriate programs to allow them to create a sustainable life for themselves.
We fervently believe that education has a multiplier effect when it comes to development and economic growth.
Indeed, it is commonly accepted that "education reduces high fertility rates, lowers infant and child mortality rates, lowers maternal mortality rates, increases labour force participation rates and earnings and fosters further educational investment in children. Therefore, the cost of girls’ exclusion from education considerably hinders the productive potential of an economy and its overall development" (World Economic Forum, Global Gender Gap Report 2013).
Furthermore, "(w)hen it comes to the value of women in leadership positions, companies with top quartile representation of women in executive committees in general perform better than companies with no women at the top, by some estimates with a 47% average return on equity" (McKinsey & Company. “Women Matter 2013”).
Education coupled with the other pillar of our impact investing strategy - gender equality - is the best way to achieve a meaningful change in the region.
We are focusing on the following United Nations Sustainable Development Goals:
Emerald Peak takes impact investing serious and has therefore chosen to adhere to international standards regarding ESG measuring, monitoring and reporting.
We have integrated the following standards, principles and guidelines into our impact investing framework:
We use the IRIS metrics to measure the social, environmental and financial performance of our investments and to report annually on the progress of our impact investing efforts.
At Emerald Peak, we strongly believe that impact investing will add value to the portfolio companies because it creates leaner and healthier businesses.
Ultimately, impact investing is a mindset, a passion for helping other people, a desire to leave the planet in a better state than we have received it.
Emerald Peak relies on state-of-the-art IT solutions to drive rapid and effective execution of its strategic goals.
We use the same accounting platform for all portfolio companies to speed up the reporting and accounting cycles and deliver reliable dashboard metrics for senior management.
Sophisticated IT systems (using artificial intelligence and IoT) allow our portfolio companies to leverage big data in order to better understand its customers and to increase market share, develop new markets and adapt quicker to changing market trends.
We use cloud based and SaaS solutions to encourage greater mobility of talent and assure world-class data security.
Also, an important component of our approach to innovation is to create an internal knowledge center to share best practices among all portfolio companies and provide technical support at all levels (anti-bribery courses, anti-fraud training, process management, IT skills, foreign languages, six sigma, lean manufacturing,…).
Finally, we are innovating current financial practices within the portfolio companies by optimizing their working capital (cash flow management, cash pooling,...).
Our ability to invest in promising startups in the region further strengthens our quest for innovative technologies as we are constantly in contact with incubators, entrepreneurs and VCs that share with us the latest technologies available.