Company profile
The ESGTI AG group emerged in 2020 as a result of targeted M&S transactions, combining innovative projects and companies with an ESG focus and technology leadership. Our objective is to unlock attractive new markets for investors whilst promoting sustainable development.
investment strategy
Solutions for sustainability
Our philosophy towards investing is built on our deep understanding of sustainability challenges and themes, enabling us to find some of the most promising and impactful early-stage investment opportunities for future generations.
We uphold measurable and material ESG and impact objectives, with transparency at the core. Our goal is to actively engage our portfolio companies on material financial and ESG issues and aim to influence our investees to improve.
We believe that using ESG integration and impact metrics to drive our investment strategy will lead to risk-adjusted returns in the long run. Below you can explore the six stages of our investment life cycle.
What we evaluate
Investment theme
Investment stage
Deal Size/valuation
ESG/Impact intent
How we assess the fit with ESGTI
Identifying technology
Identifying ESG/Impact intent
What we evaluate
Market attractiveness
Product differentiation
Managerial capabilities
Environmental threats
How we assess the fit with ESGTI
Portfolio synergies
S&E Risk assessment
What we evaluate
Exit valuation
Debt or equity
Board inclusion
Social & Env. impact
How we assess the fit with ESGTI
Identifying technology
Identifying ESG/Impact intent
and Rating Agencies
What we evaluate
Internal data analysis
External data analysis
Third party analysis
Invest. comm. analysis
How we assess the fit with ESGTI
ESG baseline
Goal identification
Documentation
What we evaluate
Final contract
lmpact/ESG objectives
Price/Share
Company objectives
How we assess the fit with ESGTI
Partnership strategy
Collaboration strategy
Involvement
What we evaluate
Governance structure
Engagement process
Behaviour/Outcome
Exit decision
How we assess the fit with ESGTI
Active collaboration
Third party scoring
Share information
The shares of ESGTI AG are publicly traded on Börse Berlin’s Open Market since August 26, 2009. Security number CH029829498, Ticker symbol 02TP.
Stock quote
| Ticker symbol | 02TP |
|---|---|
| Swiss securities number (Valor) | 298 294 98 |
| ISIN | CH 029 829 4981 |
| German securities number (WKN) | A1409X |
| Share capital | CHF 33 875 757.24 |
| Shares in issue | 21 715 229 ordinary registered shares with a par value of CHF 1.56 each (registration with company register pending) |
| Exchange/market segment | Börse Berlin/Berlin Open Market |
| Lead Broker | mwb fairtrade Wertpapierhandelsbank AG |
| Paying agent | Credinvest AG, Switzerland |
| Registrar | Computershare (Schweiz) AG |
Performance
Intrinsic value (NAV)
| Net Asset Value (NAV) per share | as of | Year-to-date (YTD) |
|---|---|---|
| CHF 4.58 / EUR 4.14 | March 31, 2021 | +1.25% |
Valuation principles and guidelines
ESGTI’s NAV Calculation Agent calculates the fair value of every investment on a regular basis. The calculation takes into consideration all assets and liabilities on a pro rata basis, accrued expenses and accrued income incurred by the Company (e.g. interest on cash, if any). The fair value of investments is calculated on the basis of the following principles and guidelines:
Valuation of public companies
For the purpose of the net asset value calculation of public companies, the closing bid price on the reporting day as reported by the exchange where the stock is quoted and traded is used.
Valuation of private companies
For the purpose of the fair value calculation of private companies the following principles apply:
Most important valuation factors
- Performance-based terms & structures
- Price negotiation and action
- Experience and performance of management
- Existing tangible and intangible assets
- Technology validation
- Last paid price
- Financial forecasts
- Market potential, position within market
- Comparison to competitors
The original cost or the subsequent capital increase price is considered an approximation of the fair value at the time of the transaction.
Start-up capital
Technology assessment, negotiations with management, industry comparables and competitors’ bids are the main factors that affect the valuation. Net asset value calculation at cost, less any write-off deemed necessary if subsequent performance is below business plan.
Capital increase
Re-evaluation of technology assessment, negotiations with management, industry comparables and competitors’ bids, achievement of milestones and business plan guidelines. Net asset value calculation is principle based on the capital increase price less discount, if deemed necessary based on the valuation factors listed below.
Write up
A write up is recognized when a significant event occurs such as the issuing of a patent, corporate partnering, increased profitability and achievement of milestones.
Write down
A write down is recognized when a significant event occurs such as a permanent impairment of assets, performance significantly below the business plan and a change in the valuation of comparable companies. Furthermore, it has to be taken into consideration that private companies are not subject to any external (thirdparty) valuation procedures, and the intrinsic value may therefore be difficult to assess. The valuation of the private investments as shown in the report is made by the Company according to above guidelines. The valuation may change from day to day depending on the Company’s development and market circumstances. However, the risk remains, that the valuations are not accurate and can change any day.
Description of valuations
Puplic companies
Public companies are valued at the closing bid price each day. These investments are subject to general stock market conditions.
Private companies
Valuations are based on the company’s status at a given date. Increases in valuations are due to achievements of milestones, capital increases or other significant positive business developments. Companies valued at cost have generally achieved the expected milestones.
Decreases in valuations are generally due to financial market conditions, unfavorable capital increases and the company generally being behind plan.
Independent valuations
For the most important investments, ESGTI is based on at least annual external evaluations by independent experts.
Corporate and events calendar
Our most relevant events for investors interested in ESGTI AG.
April 2021
Annual General Meeting 2021
The AGM 2021 is planned to take place in April 2021. Details to follow when available.
March 2021
Financial results
Our 2020 Annual Reports expected to be published by April 2021.
Nov 3rd 2020
Notice of Extraordinary General Meeting of Shareholders Nov 24th 2020
The Board of Directors invites all shareholders you to an extraordinary General Meeting of ESGTI Ltd. The agenda and corresponding Proxy and voting instructions can be found in our download centre below.
governance
Our working practise
ESGTI’s Board of Directors focus on promoting the long-term sustainable success of the Company; creating value for its shareholders and contributing to wider society. In short, we are committed to upholding the highest standards of corporate governance in line with The Swiss Code of Best Practice.
Our Board comprises five independent members; diverse in experience and expertise directly relevant to our investment focus and sustainability agenda. In addition to the Board our Executive Committee assists in everyday business execution; a pivotal right arm of the board with clear division of responsibilities.
We recognize that for our company to be successful over time and create sustainable value for shareholders, we must also create value for society. We see governance and ESG expertise as a framework to align the interests of all our stakeholders behind our purpose, and as such leverage the services of a team of ESG Experts throughout the year.
Engagement with our shareholders through investor meetings and analyst calls is crucial to us; allowing us to sharpen our focus on our core priorities, strategic vision and governance. Our Chairman’s roundtables take place four times per year, enabling us to listen to all our shareholders and other stakeholders and keep them abreast of new investments.
Corporate information
Corporate information and contact
| Company name | ESGTI AG |
|---|---|
| Date of formation | March 18, 2009 |
| Swiss company number | CHE-114.775.734 |
| Articles of incorporation | August 10, 2020 |
| Registered office | Boesch 37, 6331, Huenenberg, Switzerland |
| Notices and announcements to shareholders | Swiss Official Gazette of Commerce/Letter or email to registered shareholders/DGAP |
| Voting rights | Registered shareholders are entitled to vote. Registered shares held by a nominee will only be granted voting rights if such nominee declares in writing that he or she is prepared to disclose the name, address and shareholding of any person for whose account he or she is holding 0.5% or more of the outstanding share capital. |
For any investor-related questions, please feel free to contact us at investors-relations@esgti.com.
Download centre
Below are our most current publications of ESGTI AG. We expect to publish our 2020 Annual Report in April 2021.
| 2020 Extraordinary general meeting (24 Nov) | Minutes of the EGM November 24, 2020 |
|---|---|
| 2020 Semi-annual reports (IFRS) | Semi-annual statements – June 2020 final |
| 2020 Annual general meeting | Minutes of the AGM 2020 (April 6) |
| 2019 Annual report and audited financial statements | Annual report of the Chairman, Jul. 2018 – Dec. 2019 |
| Consolidated Financial Statements (Swiss GAAP FER), Jul. 2019 – Dec. 2019 | |
| Financial statements (Swiss CO), Jul. 2019 – Dec. 2019 | |
| Corporate governance | ESGTI Code of Conduct |
| ESGTI Articles of Incorporation |
Information from previous years
General meetings and financial information from previous years.
| August 28, 2019 | 2019 AGM |
|---|---|
| July 25, 2018 |
2018 EGM Audited Financial Statements for the period from January 2017 – June 2018 |
| December 6, 2017 | 2017 AGM |
| September 26, 2016 |
2016 AGM 2016 Annual Reports |
| September 17, 2015 |
2015 AGM 2015 Audited Financial Statements Geschäftsbericht 2015 |
| May 5, 2014 | 2014 EGM |
| March 14, 2014 |
2014 AGM 2014 Audited Financial Statements Geschäftsbericht 2014 |