ESG in our Companies

With You

To be sustainable, a society’s growth must be based on a responsible management system that addresses environmental, social and governance (ESG) factors. Operating at a European level, Argos Wityu encourages and supports all its portfolio companies on these issues.


To a total of 8,675 FTEs


per employee per year.


Argos Wityu portfolio companies engaged in environmental initiatives


Number of portfolio companies with an ESG action plan
(on % of total portfolio)

Environmental management



Argos Wityu portfolio companies place significant emphasis on the environmental footprint of their operations and employees. In 2020, Argos companies further elaborated their environmental management and they fully intend to do the same in 2021.

We realize that due to the industrial nature of operations of some of our companies, the relevance of implementing environmental management is even more important. Currently, 4 companies (on 18, vs. 2 last year) actively monitor their carbon footprint, and 4 more have set goals to do so in 2021. 9 companies formally declared their environmental approaches, and 12 (vs. 10 last year) companies constantly look for initiatives to reduce their energy consumption.


Materials and Waste

Out of all environmental initiatives, monitoring waste management is most strongly managed. 89% (vs. 82% in 2019) of companies have introduced a waste management policy and have pledged to continuously evaluate the environmental impact of their operations.

Argos companies have initiated reforestation programs to offset production impacts (e.g. Lineas and Juratoys) and performed decontaminations of historical sites. Some of our companies also introduced repair over replacement policies in order to extend service of life of products. Moreover, other companies placed further importance on the ingredients used in their products, looking for more environmentally friendly and healthy ingredients.



Our companies are uniquely positioned to reduce CO² emissions through the stimulation of transportation initiatives. Current policies in place are car pooling and -sharing and the introduction of electric vehicles in the fleet. Our companies intend to further extend their transportation initiatives through work from home policies, the introduction of plug-in hybrid cars in the fleet, a phase out of diesel vehicles and the stimulation of public transportation.

Social – Employee Wellbeing



Portfolio companies play a key role in promoting sustainable development by creating jobs and ensuring decent working conditions that favour equal opportunities. As a private equity fund focused on growth, Argos Wityu supports its portfolio companies in their job creation efforts.

The Covid-19 crisis had a small negative impact on our employee base, which, due to the business mix, remained limited. Our portfolio companies most exposed to the crisis are logistics company Lineas, and food company Compagnie des Desserts. While these companies lost a limited number of employees, Cohedron, Olinn, Zodiac Milpro and Fabbri all experienced employee growth.


Consolidated: Employee Growth




The impact and importance of solid governance measures cannot be underestimated. In the last few years, we have set in motion the implementation of governance policies in our portfolio companies.

Currently, 72% of portfolio companies has a code of conduct. Further, in 2021 more than one third of the companies have an anti-corruption policy in place, while more than 50% of companies has expressed the intention to introduce this policy over the next two years.

Since last year, Argos Wityu companies have significantly improved their governance practices, and this trend will continue in the coming years.


of companies with code of conduct
vs. 59% LY


of companies with anti-corruption policy
vs. 35% LY


of female executive representation across our management

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