Propagator is established and co-founded by the investment house Global Roadrunner (GRR). At GRR, we are firm believers in responsible investing and social diversity, which are fields we are truly devoted to reflect in our daily activities, as it is a major part of who we are and what we stand for. We perceive sustainability as a fundamental criterion to attain successful business operations, and therefore, an issue that is deeply rooted in our corporate DNA. This enables us as a team to reach an efficient cohesion in all our decision making, and to strive for our common goals in a sustainable fashion.
All information below is produced according to the European Parliament and European Council’s Regulation 2019/2088/EU of November 27th, 2019 on the sustainability-related disclosures in the financial services sector.
Sustainability risk means an environmental, social or managerial event or circumstance (“ESG risk”) which, if it arises, could have an actual or potentially significant adverse effect on the value of an investment. These risks are integrated into the investment decision of Propagator and are likewise taken into account during the investment process, in a manner which is proportionate to each investment’s objective.
Any investment in the following non exhaustive list of sectors,
is against the principles of Propagator:
Our portfolio companies should as a minimum establish governance structures to meet the requirements embedded in our Sustainability Principles.
The following sustainability criteria need the be met for an investment to be considered:
The company is not a part of, or has any affiliation with, the “no-go”-industries mentioned above.
The company does not affiliate with countries, persons or entities that are on the UN sanctions list.
The sustainability risks of the company are perceived and determined to be acceptable and manageable.
While all areas and subjects within Environmental, Social and corporate Governance remain important to us, GRR centers social diversity and responsible investing in its business conduct. These are principals and core values that have been employed as foundational pillars in the establishment of the Propagator Fund 01.
As part of our actions driving for social diversity, together with Female Founders of the Future, our CEO, Allan Sønderskov Darré is a signatory of “The Diversity Commitment”, which lays out guidelines and targets to aspire for in the investor ecosystem. The commitment includes measurement and tracking representation of gender and report annually on Internal Operations and Investment Processes, as well as proactively seeking to create incremental improvements regarding our own goals. The guidelines and targets the Commitment lays forward, regard that all undersigning participants aspires to have the following criteria:
Any investment in the following non exhaustive list of sectors, is against the principles of Propagator:
Moreover, at Propagator 01, we truly strive to incorporate our ESG standards throughout the entire investment cycle and raising social awareness. As an investment fund, we are active supporters of the UN Principles for Responsible Investment (PRI), which implies that we include the environmental impact of a company when assessing its merits as an investment. The UN PRI has put forward six core principles to which signatory companies must agree to commit themselves, and are the following:
1. Incorporate ESG issues into investment analysis and decision-making processes.
2. To be active owners and incorporate ESG issues into ownership policies and practices.
3. Seek appropriate disclosure on ESG issues by the entities in which are invested.
4. Promote acceptance and implementation of the Principles within the investment industry.
5. Work together to enhance effectiveness in implementing the Principles.
6. Report activities and progress towards implementing the Principles.
For a more thorough reading of the UN PRI: https://www.unpri.org/pri/what-are-the-principles-for-responsible-investment
We are heavily focused on contributing to the world by assisting our portfolio start-ups from the beginning, through both personal guidance and monetary investments, in order to generate healthy companies with sustainable business models and corporate cultures. Before we make an investment, our portfolio companies go through our exhaustive due diligence process, where we make sure both the business and the team are in line with our investment philosophy and standards.