{"id":2047,"date":"2023-04-17T15:49:20","date_gmt":"2023-04-17T13:49:20","guid":{"rendered":"https:\/\/2050.do\/mentions-legales\/"},"modified":"2025-10-06T17:43:03","modified_gmt":"2025-10-06T15:43:03","slug":"alignement","status":"publish","type":"page","link":"https:\/\/2050.do\/fr\/alignement\/","title":{"rendered":"L\u2019Alignement"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull plant-team-hero has-almond-background-color has-background is-layout-constrained wp-container-core-group-is-layout-2a7b38d8 wp-block-group-is-layout-constrained\">\n<div style=\"height:200px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer desktop-only\"><\/div>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"wp-block-heading mx-md-300 has-woodland-color has-text-color\">Aligned Sustainability<\/h1>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer mobile-only\"><\/div>\n\n\n\n<div style=\"height:150px\" aria-hidden=\"true\" class=\"wp-block-spacer team-mobile-space\"><\/div>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<div style=\"height:170px\" aria-hidden=\"true\" class=\"wp-block-spacer space-200\"><\/div>\n\n\n\n<p class=\"hide-legal-text\">JURIDIQUE<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer hide-legal-text\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading hide-legal-text has-woodland-color has-text-color\">Projet 2050<\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-woodland-color has-text-color has-link-color wp-elements-a980dc831448a93024fd8d2f6ce935bb\">The 2050 System<\/h2>\n\n\n\n<p>La structure de 2050 est bas\u00e9 sur le constat suivant:<\/p>\n\n\n\n<p><strong>#1<\/strong> Investing is not about wondering where the wind goes, but blowing it where we wish to go. Investors shape the future through their choices and actions: investing in one company over another empowers it to shape tomorrow\u2019s society; supporting a founder means enabling his or her mission and spreading his or her values. It is therefore a performative, self-fulfilling choice or \u2014 simply put \u2014 a choice of society. So the real question is: which future should we finance? Here\u2019s our take. We want to finance a fertile future. A future that is <g id=\"gid_1\">productive<\/g> and <g id=\"gid_2\">inventive<\/g>, creating wealth and opportunities for everyone. <g id=\"gid_3\">Evolving<\/g> and <g id=\"gid_4\">resilient<\/g> by nature, easily adapting to the environmental, social and technological mutations. <g id=\"gid_5\">Inclusive<\/g> and <g id=\"gid_6\">diverse<\/g>, empowering everyone to find their unique place and their own solutions, relevant to the places they live in. 2050\u2019s mission consists in steering money to build that fertile future which will secure the key essential goals (the <strong>Essentials<\/strong>) of our time for everyone by 2050:       <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>eat enough and healthfully<\/li>\n\n\n\n<li>take care of body and mind<\/li>\n\n\n\n<li>empower learning and creativity<\/li>\n\n\n\n<li>live and produce sustainably and<\/li>\n\n\n\n<li>placer la confiance au c\u0153ur de l&rsquo;\u00e9conomie.<\/li>\n<\/ul>\n\n\n\n<p><strong>#2<\/strong> To this end, 2050 System has been designed to give life, confidence and human, technological, legal, cultural and financial resources \u2013 in a word the power to act \u2013 to those who work to realign their action with these 5 Essentials. In particular, to support the emergence of companies aligning their business interests together with those of society and the planet, thanks to aligned business models, governance, management, risk and valorisation methods assessing every company\u2019s triple performance (financial, environmental and social) and global risk profile (the \u201cAligned Companies\u201d). <\/p>\n\n\n\n<p><strong>#3<\/strong> It is therefore necessary to develop aligned ecosystems around each company financed, the 2050 System itself, and more generally around the Essentials. It happens through the funding and support of shared resources enabling the stakeholders in these ecosystems to collaborate, innovate, share their knowledge, develop material, human or immaterial open infrastructures, advocate for alignment practices or solutions contributing to the Essentials (the \u201cEcosystem Assets\u201d). The activities of research, promotion, democratization of financing models, governance, and valuation of Aligned Companies and\/or Ecosystem Assets themselves represent Ecosystem Assets, just like the perpetuation of their financing method within the 2050 System.  <\/p>\n\n\n\n<p>Based on this observation, the 2050 System wants to create the conditions for its fertile growth, its resilience and to nourish its own ecosystem. To date, this dynamic has materialized in the form of: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>2050.do<\/strong>, a French simplified stock company (<em>soci\u00e9t\u00e9 par actions simplifi\u00e9e<\/em>) hosting the team leading the 2050 System. In order to ensure the stability of its shareholding, its continuity, and the uninterrupted pursuit of its objectives, 2050.do is controlled by a French legal structure known as a perpetual purpose trust (<g id=\"gid_2\">fonds de p\u00e9rennit\u00e9<\/g>) named <g id=\"gid_3\">2050.stewards<\/g>. Besides, 2050.do supports the development of open and strategic resources (open research and knowledge, advocacy, common infrastructures) for its portfolio and ecosystem, including through the launch and financing of <strong>2050.commons<\/strong>, a French association governed by the French law of 1901, whose founders are 2050.do and 2050.stewards and financed by a membership paid by 2050.do as an active member.  <\/li>\n\n\n\n<li><strong>2050.ventures,<\/strong> an evergreen fund in the form of a French Special Limited Partnership (<em>Soci\u00e9t\u00e9 de Libre Partenariat<\/em>) designed to invest in the companies selected by 2050.do in application of its investment strategy and supplemented, where appropriate, by dedicated co-investment vehicles managed by 2050.do. 2050.ventures est un fonds relevant de l&rsquo;article 9(2) conform\u00e9ment \u00e0 la r\u00e9glementation de la SFDR.<\/li>\n\n\n\n<li><strong>2050.coinvest<\/strong> and its compartments W2 and Serapis. 2050.coinvest was set up to enable 2050.do to offer the opportunity to co-invest along 2050.ventures whenever an Aligned Company\u2019s funding needs would exceed 2050.ventures allotted ticket. Hence the umbrella fund and each of its compartment were designed to invest in Aligned Companies with a social sustainable objective. However, for ease of fund management and to avoid doubling the work on integration of sustainability risk as well as the reporting work, 2050.coinvest and both its compartments classify as Article 6   \n<ul class=\"wp-block-list\">\n<li>2050.coinvest compartment W2 was set up to co-invest in Withings.<\/li>\n\n\n\n<li>2050.coinvest compartment Serapis was designed to co-invest in Fifteen.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-48269349-c309-441d-b9c0-f8740d5957f8\" href=\"https:\/\/2050.do\/wp-content\/uploads\/2025\/09\/2021-06-Statuts-2050.stewards.pdf\">Extract from the Bylaws of the 2050.stewards perpetual purpose trust fund <\/a><a href=\"https:\/\/2050.do\/wp-content\/uploads\/2025\/09\/2021-06-Statuts-2050.stewards.pdf\" class=\"wp-block-file__button wp-element-button\" download=\"\" aria-describedby=\"wp-block-file--media-48269349-c309-441d-b9c0-f8740d5957f8\">T\u00e9l\u00e9charger le PDF<\/a><\/div>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\" responsive-height-medium=\"30\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-woodland-color has-text-color\"><strong>Ali<\/strong>gnment Framework<\/h2>\n\n\n\n<p>2050.do develops, together with the venture builder We Are Human, co-founders of Kahoot!, its sustainability framework named Alignment Method based on seven sustainability indicators \u201c2050 Key Alignment indicators (KAI)\u201d, and which will be shared as open source methods.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Alignment-line-KAI-1024x576.png\" alt=\"\" class=\"wp-image-3303\" srcset=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Alignment-line-KAI-1024x576.png 1024w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Alignment-line-KAI-300x169.png 300w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Alignment-line-KAI-768x432.png 768w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Alignment-line-KAI-1536x864.png 1536w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Alignment-line-KAI.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Alignment<\/strong> is a strategic framework enabling founders, management and board alignment on long-term and holistic strategy, mission and goals, and on back-casted medium and short-term goals. It naturally results in a decision-making framework including Key Alignment Performance Indicators which are used to ensure the company\u2019s alignment is maintained from a strategic operational and compliance standpoint. Detailed KAPIs therefore integrate in-house alignment indicators, positive and adverse impact indicators, including Principal Adverse Impact (PAI) on sustainability factors set out in the Regulatory Technical Standard (RTS) of the SFDR, augmented by some ESG, PRI and sustainability risks indicators as well as selected SFDR or CSRD compliance requirements. These indicators are chosen from   <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the most advanced impact frameworks, including the Earth System Impact and the Essential Environmental Impact Variables from the Stockholm Resilience Center, and the Doughnut Economics Action Lab open access tools,<\/li>\n\n\n\n<li>SFDR Article 9 as well as EU taxonomy related indicators, including PAI, DNSH and Minimum Social Safeguards,<\/li>\n\n\n\n<li>PRI and other relevant ESG frameworks.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"750\" src=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SDG-Wheel_Transparent_WEB-1.png\" alt=\"\" class=\"wp-image-3272\" style=\"width:130px;height:auto\" srcset=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SDG-Wheel_Transparent_WEB-1.png 750w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SDG-Wheel_Transparent_WEB-1-300x300.png 300w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SDG-Wheel_Transparent_WEB-1-150x150.png 150w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/figure>\n\n\n\n<div style=\"height:100px;width:41px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-container-content-29cb0303\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"775\" src=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SRC-logo-digital-version-vertical_highres-1-1024x775.png\" alt=\"\" class=\"wp-image-3274\" style=\"width:167px;height:auto\" srcset=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SRC-logo-digital-version-vertical_highres-1-1024x775.png 1024w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SRC-logo-digital-version-vertical_highres-1-300x227.png 300w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SRC-logo-digital-version-vertical_highres-1-768x581.png 768w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SRC-logo-digital-version-vertical_highres-1-1536x1162.png 1536w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/SRC-logo-digital-version-vertical_highres-1-2048x1550.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:100px;width:41px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-container-content-29cb0303\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"241\" src=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Making-green-taxonomies-less-taxing.jpg\" alt=\"\" class=\"wp-image-3276\" style=\"width:233px;height:auto\" srcset=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Making-green-taxonomies-less-taxing.jpg 500w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/Making-green-taxonomies-less-taxing-300x145.jpg 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n\n\n<div style=\"height:100px;width:41px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-container-content-29cb0303\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"380\" src=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/PRI-Sig-Web-V1-1-1024x380.png\" alt=\"\" class=\"wp-image-3290\" style=\"width:331px;height:auto\" srcset=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/PRI-Sig-Web-V1-1-1024x380.png 1024w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/PRI-Sig-Web-V1-1-300x111.png 300w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/PRI-Sig-Web-V1-1-768x285.png 768w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/PRI-Sig-Web-V1-1.png 1528w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:100px;width:41px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-container-content-29cb0303\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"551\" src=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/IRIS-Plus-2Color-HEX-1024x551.png\" alt=\"\" class=\"wp-image-3282\" style=\"width:186px;height:auto\" srcset=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/IRIS-Plus-2Color-HEX-1024x551.png 1024w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/IRIS-Plus-2Color-HEX-300x162.png 300w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/IRIS-Plus-2Color-HEX-768x413.png 768w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/IRIS-Plus-2Color-HEX-1536x827.png 1536w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/IRIS-Plus-2Color-HEX-2048x1103.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"height:100px;width:40px\" aria-hidden=\"true\" class=\"wp-block-spacer wp-container-content-28f0cd9b\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"348\" src=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/DEAL-logo-1024x348.png\" alt=\"\" class=\"wp-image-3284\" style=\"width:193px;height:auto\" srcset=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/DEAL-logo-1024x348.png 1024w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/DEAL-logo-300x102.png 300w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/DEAL-logo-768x261.png 768w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/DEAL-logo-1536x523.png 1536w, https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/DEAL-logo-2048x697.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\"><\/h4>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n<\/div>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer space-md-40\"><\/div>\n\n<p>These KAIs are used by 2050 to select portfolio\u2019s companies and help them to define a dedicated alignment plan with tailored objectives. The portfolio sustainability risk and opportunities are assessed through the KAIs.  The sustainable investment objective of the Fund is measured by determining both the level of alignment of the Fund\u2019s portfolio companies, and the level of achievement of 2050\u2019s mission through the measurement of the aggregated net impact of the 2050.ventures\u2019 portfolio on the Essentials.<\/p>\n\n<p>The <strong>Alignment<\/strong> and KAI will be enriched through the advancement of the joint project together with <strong>We Are Human<\/strong> on an open-source basis.<\/p>\n\n<p>Please note that our set of KAIs and the sustainability data we gather from our portfolio companies will be amended regularly, to reflect regulation changes, progress on impact valuation or sustainability risks assessment, improvement of <strong>Alignment<\/strong> or additional focus of the Fund on specific matters.<\/p>\n\n<h2 class=\"wp-block-heading has-woodland-color has-text-color has-link-color wp-elements-7b56e25967c1a9b987c85bf6045facd5\">Sustainability related disclosures<\/h2>\n\n<h3 class=\"wp-block-heading\">Responsible Investment Policy<\/h3>\n\n<p>For 2050, investors shape the future through their choices and actions: investing in one company rather than another gives it the power to shape tomorrow\u2019s society; supporting an entrepreneur means carrying out his or her mission and spreading their values.<\/p>\n\n<p>The 2050 system has been designed to <strong>shape a fertile future.<\/strong><\/p>\n\n<p>This Responsible Investment Policy outlines the guiding principles, key strategies, and structural frameworks that <a href=\"http:\/\/2050.do\">2050.do<\/a> employs to achieve its sustainable investment goals. It represents our commitment to incorporating KAIs considerations into our investment decisions. These principles and frameworks form the foundation for our impact Key Alignement Indicators (KAIs), ensuring our investments deliver triple performance (financial, environmental and social).<\/p>\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-383fb8f8-0dc0-4b36-a2c2-9fd3e9c28b6c\" href=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/07\/2050-Responsible-Investment-Policy-V03.24.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Responsible Investment Policy<\/a><a href=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/07\/2050-Responsible-Investment-Policy-V03.24.pdf\" class=\"wp-block-file__button wp-element-button\" download=\"\" aria-describedby=\"wp-block-file--media-383fb8f8-0dc0-4b36-a2c2-9fd3e9c28b6c\">T\u00e9l\u00e9charger le PDF<\/a><\/div>\n\n<h3 class=\"wp-block-heading\">2050.ventures website disclosure<\/h3>\n\n<p>2050.ventures promeut une approche holistique de la durabilit\u00e9 et poursuit un triple objectif de cr\u00e9ation de valeur financi\u00e8re, environnementale et sociale en investissant dans des entreprises qui sont durables de par leur conception.<\/p>\n\n<p>2050.ventures is a fund under Article 9(2) of the Sustainable Finance Disclosure Regulation (SFDR). This regulation mandates sustainability disclosure obligations for fund managers to their end-investors.<\/p>\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-4cf8c3fd-91bc-4692-be46-06bbb1f1ee41\" href=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/2050.Ventures-Website-Disclosure.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">2050.Ventures Website Disclosure<\/a><a href=\"https:\/\/2050.do\/wp-content\/uploads\/2024\/04\/2050.Ventures-Website-Disclosure.pdf\" class=\"wp-block-file__button wp-element-button\" download=\"\" aria-describedby=\"wp-block-file--media-4cf8c3fd-91bc-4692-be46-06bbb1f1ee41\">T\u00e9l\u00e9charger le PDF<\/a><\/div>\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group alignfull has-almond-background-color has-background is-layout-constrained wp-container-core-group-is-layout-2a7b38d8 wp-block-group-is-layout-constrained\">\n<p class=\"max-1150 hidden\">Notre m\u00e9thode d&rsquo;alignement est bas\u00e9e sur 6 <strong>indicateurs cl\u00e9s d&rsquo;alignement (KAI)<\/strong>, prend le meilleur de la SFDR, de la Taxonomie, des cadres et indicateurs ESG et d&rsquo;impact et assure une croissance align\u00e9e dans le temps. Elle <strong>change la donne pour toutes les entreprises<\/strong> d\u00e9sireuses de surfer sur la vague de la transformation durable et de se doter d&rsquo;un bouclier contre l&rsquo;\u00e9coblanchiment.<\/p>\n<\/div>\n<\/div>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer space-md-40\"><\/div>\n\n<h3 class=\"wp-block-heading\">Principal Adverse Impact (PAI) statement<\/h3>\n\n<ol class=\"wp-block-list\">\n<li><strong>PAI not taken into account at entity level (<a href=\"http:\/\/2050.do\">2050.do<\/a>)<\/strong><\/li>\n<\/ol>\n\n<p>The Management Company does not take into account the principal adverse impacts of investment decisions on sustainability factors (\u00ab\u00a0<strong>PAI<\/strong>\u00ab\u00a0), as defined in and within the scope of Articles 4 of the SFDR Regulation.<\/p>\n\n<p>Rather the Management Company applies the Alignment Framework to itself to ensure it is an Aligned Company.<\/p>\n\n<p>Given the size of the Management Company (less than 500 employees and less than 500 AUM), <a href=\"http:\/\/2050.do\/\">2050.do<\/a> has chosen to adopt a best effort and comply or explain approach to assessing the main negative impacts.<\/p>\n\n<p>Given also the stage of development of the various funds managed by <a href=\"http:\/\/2050.do\/\">2050.do<\/a>, the Management Company has chosen to select the most relevant indicators proposed by the Disclosure Regulation. Gradually, the Management Company will interact with the relevant Enterprises to increase the volume and quantity of sustainability data, thus tending towards a complete inventory of the main negative impacts. Principal Adverse Impacts on Sustainability Factors are taken into account by the Fund.<\/p>\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>PAI at fund level (2050.ventures)<\/strong><\/li>\n<\/ol>\n\n<p>The Fund takes into account the PAI on the investment decisions. The sustainability indicators are integrated into the Fund&rsquo;s investment process as a manner to contribute to the achievement of the sustainable investment objective. In addition, adverse impacts on sustainability factors are identified through the alignment framework. Information on the investment decisions&rsquo; PAI will be made available on an annual basis in the Fund\u2019s annual report.<\/p>\n\n<h3 class=\"wp-block-heading\">Energy and climate law &#8211; Article 29<\/h3>\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-db7cede3-015a-429e-a4b3-fc0dd2666f00\" href=\"https:\/\/2050.do\/wp-content\/uploads\/2025\/06\/2050-do-art29-loi-energie-climat-exercice-2024-vFinale.docx.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">2050-do-art29-loi-energie-climat-2024<\/a><a href=\"https:\/\/2050.do\/wp-content\/uploads\/2025\/06\/2050-do-art29-loi-energie-climat-exercice-2024-vFinale.docx.pdf\" class=\"wp-block-file__button wp-element-button\" download=\"\" aria-describedby=\"wp-block-file--media-db7cede3-015a-429e-a4b3-fc0dd2666f00\">T\u00e9l\u00e9charger le PDF<\/a><\/div>\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n<div class=\"wp-block-group is-layout-constrained wp-container-core-group-is-layout-da5c815c wp-block-group-is-layout-constrained\">\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer space-md-40\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":10,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"class_list":["post-2047","page","type-page","status-publish"],"acf":[],"_links":{"self":[{"href":"https:\/\/2050.do\/fr\/wp-json\/wp\/v2\/pages\/2047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2050.do\/fr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/2050.do\/fr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/2050.do\/fr\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/2050.do\/fr\/wp-json\/wp\/v2\/comments?post=2047"}],"version-history":[{"count":0,"href":"https:\/\/2050.do\/fr\/wp-json\/wp\/v2\/pages\/2047\/revisions"}],"wp:attachment":[{"href":"https:\/\/2050.do\/fr\/wp-json\/wp\/v2\/media?parent=2047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}