Argos, the independent European investment fund, has joined Impact France, the leading movement of French companies and executives who have made ecological and social impact central to their business activity.
Argos has thus integrated a movement open to all types of companies engaged in generating a positive environmental and social impact and that has renewed its governance with the election of Julia Faure and Pascal Demurger as co-presidents. Argos has supported and financed the transformation of European SMEs for 30 years and fervently believes that this work must be an integral part of the development of corporate entities.
Last autumn, Argos launched a new investment strategy dedicated to the decarbonisation of SMEs, which represent 50% of the European economy and are responsible for 63% of its greenhouse gas emissions1. This climate action fund aims to reconcile the financial performance investors expect with environmental performance and with the competitiveness and attractiveness of companies embedded in the local economy, by demonstrating the compatibility of these objectives.
“Argos is pleased to participate, through Impact France, in a movement that fosters change towards to a more environmentally-respectful economy. We hope to contribute our expertise as a committed financial shareholder to create new ideas and tip the balance in favour of sustainable and solidarity-based development”, said Jack Azoulay, senior partner of the Argos Climate Action fund.
Within the Impact France movement, Argos is participating in the development of proposals connected with the Green Industry bill, so as to move the decarbonisation of French industry up a gear. Argos is also helping to make progress on sustainable finance, as the financial sector is crucial to efforts aimed at strengthening the environmental transition of our economic model.
1 – Source: Flash Eurobarometer 498: “SMEs, green markets and resource efficiency” – European Commission, March 2022.
Argos
Coralie Cornet
Head of Communications
[email protected]
+33 (0)6 14 38 33 37
About Argos / www.argos.fund
One firm, two strategies. Argos is an independent European private-equity group that supports the growth of mid-sized business and back their management teams.
With more than €1.4bn assets under management, over 30 years of experience and more than 90 businesses assisted, Argos operates from offices in Brussels, Frankfurt, Geneva, Luxembourg, Milan, and Paris. The group seeks to acquire majority stakes and invests between €10m and €100m in each investment of its two strategies:
- The MidMarket fund helps companies implement ownership transitions to accelerate growth
- The Climate Action fund aims at shaping European sustainable leaders by making their ‘grey-to-green’ transition.
