ACT Venture Partners finds and invests in companies that adhere to the highest social and environmental standards, are socially and environmentally sustainable, and provide equal opportunity. ACT Venture Partners will abide by Environmental, Social and Governance (ESG) guidelines established by the European Venture Capital Association (EVCA) incorporated in EVCA Code of Conduct, EVCA Governing Principles, EVCA Corporate Governance Guidelines and EVCA Reporting Guidelines. ACT Venture Partners is committed continuously develop its ESG policies and procedures further in a way that they have a positive impact on its fund management company and portfolio companies. ACT Venture Partners is engaged to monitor and promote compliance with the UN Global Compact (e.g. respect for human rights), United Nations-supported Principles for Responsible Investment (UNPRI) and World Bank Group Environmental, Health, and Safety Guidelines (WBG EHS).
ACT Venture Partners will ensure that labor and working conditions of its employees, and investments are assessed against International Labor Organization (ILO) Conventions, national legal framework, and international best practice. ACT Venture Partners will not invest in any project that does not abide by national legal requirements. In countries where national legal framework for working conditions is not in line with ILO standards, ACT Venture Partners will follow international standards.