Sustainability focus.
Lasting value
For Astorg, sustainability is an opportunity on every level: to reduce long-term risk, add value, enhance returns, and benefit society.
That’s why we make it an integral part of our strategic approach to investing and value creation.



Sustainability is a performance lever
Being able to deliver societal benefits through the work we do is very important to us at Astorg. But our focus on sustainability runs even deeper than that; it’s also a strategic lever that drives performance for our funds and for our portfolio companies.
For that reason, sustainability is a discipline that’s fully integrated into our Portfolio Performance Team and how they create value throughout our investment cycle. Their work can contribute to value in three connected ways:
- Revenue Growth
Sustainability enhances customer value propositions, increases willingness to pay, and accelerates innovation, leading to new products, business models, and incremental revenue.
- Cost Efficiency
Sustainable practices such as regular energy audits can significantly improve operational efficiency and future-proof businesses, reducing long-term cost burdens.
- Risk Mitigation & Exit Multiple Optimisation
Market-leading sustainability performance builds customer trust, reduces reputational risk, and improves customer retention, which can drive higher exit multiples.

“Sustainability is not a constraint on returns, it is a driver of them. By embedding it into our investment process from due diligence to exit, we help our portfolio companies become stronger, more resilient businesses.”
Viviana Occhionorelli
Head of Sustainability
Sustainability is integrated across our whole investment lifecycle.
Prior to investment, we assess sustainability risks and opportunities through structured screening and external due diligence, ensuring these considerations inform investment decisions.
At signing, we define key sustainability priorities and performance expectations to ensure alignment with the company’s strategic objectives from the outset.
Following acquisition, governance structures are established, including executive sponsorship, and a sustainability roadmap is defined with clear targets and implementation plans.
During ownership, we monitor progress through regular engagement and board-level oversight, supporting implementation and continuous improvement.
At exit, sustainability performance is documented through vendor due diligence, highlighting its contribution to operational performance and long-term value.

Our Sustainability Report

Sustainability Program
Our Sustainability Program
Our Program helps turn sustainability priorities into practical action across the portfolio. It combines shared learning, carbon measurement, climate action planning, data collection and regular engagement with management teams.
Sustainability Community
This is our network of all our sustainability executives in the portfolio. The Club meets quarterly remotely and once per year in-person to share best practices, participate in workshops around key sustainability topics and receive updates on the latest sustainability trends in the industry.
Decarbonisation
As part of our commitment to the Science-Based Targets Initiative, we measure our portfolio’s carbon footprint, and we set up decarbonisation plans to reduce our companies’ carbon emissions and to unlock innovative opportunities to adapt to climate change.
Measuring performance
We run a yearly data collection campaign to measure and report our portfolio’s sustainability performance on several aspects, from health and safety to employee engagement.
Meet the Sustainability Team
Viviana Occhionorelli
Partner, Head of Sustainability

Nathalie Medawar
Managing Director, Sustainability

Sophie Noat
Associate, Sustainability

Chiara Musa
Analyst, Sustainability

Michel Sudol
Sustainability Coordinator






