Sustainability

Investing in a sustainable future

Infrastructure is central to societal well-being and long-term economic resilience. Infrastructure assets positively contribute to the energy transition, resource efficiency and environmental protection. The way infrastructure is planned, built, and operated directly influences productivity but also public health, climate resilience, job creation, and social inclusion.

Since our creation, we have integrated sustainability considerations into our investment strategy and asset management practices:

  • Our infrastructure investments intrinsically bring environmental and social benefits: we target the building and expansion of infrastructure that contributes to climate change mitigation and adaptation, circular economy, energy security and improvement of digital and transportation services.
  • We aim to generate benefits for all stakeholders within our ecosystem.
  • As an investor in long-life infrastructure, we place emphasis on the resilience of its investments and their benefit to future generations by selecting robust infrastructure investments, anticipating the impact of changing environmental and social conditions and by applying best practices.
  • We believe that sustainability should be systematically included in investment practises to reduce risks and enhance positive impacts.

ESG values

Marguerite expresses its commitment to sustainability through three core values.

Climate

Reducing GHG emissions and ensuring long-term resilience

Environment

Protecting the environment for future generations

Society

Promoting social cohesion and access to essential services

Governance

Upholding integrity in business activities

Nicolas Merigo
Founder & Chairman

ESG considerations play a central role in our strategy: they contribute to the overall performance of our funds and safeguard the reputation of our investors.

We also systematically consider the positive contributions of our investments and continuously assess and monitor ESG risks and opportunities.

Sustainable investments

Marguerite infrastructure investments intrinsically bring environmental and social benefits to future generations.

We quantify and monitor the sustainability contribution of Marguerite's investments to the UN Sustainable Development Goals, and take steps to improve their performance.

Selected contributions of Marguerite’s investments since inception

1.3 GWp

Renewable electricity generation capacity, producing electricity for 1.1 million European households

65 MWh

Battery storage capacity

1 million

Energy-efficient public
lighting points

+4,200

Renovated buildings under management

100 GWh/y

Renewable heat to be supplied by our newly constructed district heating networks

321 GWh/y

Renewable gas produced, equivalent to the consumption of 27,900 European households

9,500 km

Gas network

340,000 tonnes/y

Waste diverted from landfill every year

115,000 km

Fibre-optic network connecting 1.8 million households and businesses

6,625 km

Transatlantic data cable connecting Europe and South-America with several branches

41

Data centres

2.8 million tonnes

Transported by our freight trains

97

Work vessels

41,700

EV chargers operated across four countries

41.8 million/y

Passengers in 15 airports

366 km

Essential roads

Our investments

Portfolio

Where we invest

Target sectors

Sustainability policy and annual sustainability report

Our Sustainability Policy states the principles of our approach to Sustainability as an infrastructure investor while our Sustainability Report captures our yearly performance and progress in our ESG journey.

Regulatory sustainability-related disclosure

Marguerite supports and encourages transparency on integration of sustainability risks and the consideration of adverse sustainability impacts, on sustainable investment objectives, and/or on the promotion of environmental or social characteristics, in investment decision‐making that is promoted by the Sustainable Finance Disclosure Regulation.

At Marguerite, we have integrated sustainability risks in our processes since our creation in 2010 and report annually on the Principal Adverse Impact indicators.

Committing to Net Zero

We recognise the importance of holding the increase in the global average temperature to well below 2°C above pre-industrial levels and of continuing to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels, in line with the stated goals of the Paris Agreement. In this context, we commit to support investing aligned with the global goal of net zero greenhouse gas emissions as outlined below.

Marguerite is a signatory of the Net Zero Asset Manager initiative. We defined and will regularly update an interim targets in line with the Net Zero Investment Framework (NZIF) to align our portfolio with net zero emissions pathways by 2050 or sooner. Since 2020, Marguerite has been measuring portfolio’s GHG emissions, and strived to reduce our portfolio companies’ carbon footprint and invest in climate solutions.

Looking forward, we will:

  • Continue engaging with Marguerite’s portfolio companies to measure and reduce GHG emissions in line with the Net Zero sectorial scenarios;
  • Continue investing into climate solutions in line with our investment strategy (e.g. energy efficiency, renewable power production, low carbon transport);
  • Report in line with the IFRS Standard 2 aligned with the Task Force for Climate Disclosure (“TFCD”) recommendations; and
  • Disclose Marguerite’s progress towards our interim target annually.

Applying sustainability principles to the workplace

Marguerite’s adherence to sustainability principles goes beyond our investment process and applies to the workplace of Marguerite.

At Marguerite, we make it a point of honour to ensure that the sustainability values driving our investment strategy are shared by our people. This is why we offer regular training programmes and knowledge sharing sessions, with a particular focus on ESG best practices.

We work to translate sustainability concepts into concrete actions in our own workplace, implementing internal policies and incentives consistent with our commitments. We participate to charity initiatives in line with our values.

We see diversity as an asset and inclusion as a duty.

Promoting sustainability principles

Marguerite aligns its sustainability approach with the following international and EU frameworks and global initiatives: