Sustainability

2004

Since ESG integrated at Navis

43%

of staff at Navis are females

dedicated ESG professionals

74%

of portfolio companies provided Scope 1-2 GHG emission data

36%

of portfolio companies qualify for 2X Gender Challenge

100%

of portfolio companies with Whistleblowing and Governance Policies

History

Navis formally integrated ESG into its investment process in 2004, reflecting our belief that sustainable practices drive long-term value creation.

As part of this commitment, we developed a comprehensive ESG framework to assess and monitor environmental and social impacts across our portfolio companies. This framework is aligned with international standards, such as the UN Principles for Responsible Investment (PRI).

Today, Navis is committed to be Paris-aligned. In 2023, we embarked on the journey of adopting ISSB Guidelines by 2025. We launched our Climate Risks and Opportunities Policy to ensure a comprehensive understanding and integration of the relevant physical and transition risks and opportunities across our investment processes and portfolio companies.

We continue to engage with investors on ESG and sustainability topics and our portfolio companies through regular training and events, such as our annual ESG and Sustainability Conference. Navis is part of the Singapore Venture Capital Association’s ESG and Impact Committee and is actively involved in various stakeholder engagements.

societal impact:climate, gender, inclusion

time

Core

Alpha from impact

Active value creation
Pure-play business models
Decarb, circular economy, access to health, education, credit, etc

Pivot

Alpha from business model (r)evolution

alternative materials
green processes (zero emissions, zero wastewater, zero landfill, organic processes

Tilt

Alpha from cost reduction

lower cost
recycle, re-use, alternate use
lower expensive carbon footprint
use of renewables

Compliance

Capital de-risking

CDC Business Principles
Navis Business Principles
ILO, FCPA, UK Bribery Act, HSE, KYC, supplier integrity
Reporting ESG Data
Grievances and Whistleblowing
IFC Performance Standards
GP impact reporting V2.0 for LPs
SFDR, TCFD frameworks
Company sustainability reporting

2004
2007
2009
2020

2004
2007
2009
2020

Partnerships and Affiliations

ESG Integration and Case Studies

Navis integrates ESG and sustainability across the entire investment lifecycle, from pre-investment due diligence focusing on risk identification and value creation opportunities, to active ongoing engagement during the ownership period until leveraging ESG and sustainability opportunities at exit

We are committed to the highest standards of openness, integrity and accountability. We have established a webline for reporting and managing whistleblowing concerns in a consistent and transparent manner.

Investment Period

Regular training of ESG officers and senior portfolio company management  
Monitoring of ESG performance through monthly executive committee meetings, quarterly and annual reports, and site visits  
Supporting measurable value creation initiatives

Exit

Review of ESG performance for Exit and conducting ESG Vendor Due Diligence  
Integration of value creation opportunities in the Exit process

Texon

Footwear Component, Sustainability

TES-AMM

E-waste Recycling, Sustainability

Climate

Climate Risk and Opportunities

Navis launched its Climate Risks and Opportunities in 2023 ensuring a comprehensive understanding of the relevant physical and transition risks and opportunities of the potential investments starting from the pre-investment phase. The framework is aligned to ISSB S1 and S2 and enhances the systematic assessment of climate risk and leverage the opportunities of existing and future investments.

Pre-investment

Assessment of climate risks and opportunities through due diligence based on SASB framework, findings integrated into the E&S Action Plan  
Specific climate risk deep-dives such as scenario analysis on a case-by-case basis where climate risk is material

Investment Period

Regular training of portfolio companies on climate-related risks and value creation opportunities  
Periodical review of E&S Action Plan and climate-related initiatives, creation of ISSB-aligned heat maps

Exit

ESG Vendor Due Diligence to identify climate risks and opportunities 
Integration of climate considerations in Exit process

View Report

2023 Navis CLMV Sustainability Report

View Policy

Navis Responsible Investment Policy

Governance

Navis’s governance framework focuses on risk mitigation and the professionalization of our portfolio companies to drive long-term value. The Navis governance program equips directors, management, employees, and agents with resources for ethical and effective role execution, emphasizing onboarding, responsibility, and compliance with laws and global best practice. Ethics, transparency, and compliance are central, helping mitigate risks and maintain sustainability.

Navis provides companies with a toolkit of best practices, which includes the implementation of Anti Bribery & Corruption policies, a clear code of conduct, robust delegations of authority, whistleblowing processes, and a regular internal audit program. The Navis governance program supports each company’s needs and growth ambitions, creating value for both businesses and investors. Navis’ commitment to integrity builds a strong governance culture within our investments.

Diversity, Equity and Inclusion (DEI)

Navis is committed to improving DEI in the company and within its Portfolio Companies and is recognized for its leadership.

Navis participates in leading industry initiatives.

Navis is a Global 2X Challenge Partner

The Global 2X Challenge is an initiative that provides women in developing countries improved access to leadership opportunities, quality employment, finance, and products and services that enhance economic participation.

Navis is a Invest2Equal Partner

Invest2Equal is an International Finance Corporation-led program that brings together fund managers to make specific, measurable, and time-bound commitments to increase gender diversity within their firm and/or investment processes.

Navis' DEI Programs and Achievements

‘Speak up’ Program

We are committed to the highest standards of openness, integrity and accountability. We have established a webline for reporting and managing whistleblowing concerns in a consistent and transparent manner.