Middle East Solutions (MeSol)

Our Commitment

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What ESG Means for Us

01

At MeSol, we recognize our responsibilities towards society, particularly concerning environmental, social, and governance matters. As a global investment organization, we understand that the transition to a low-carbon, sustainable, resource-efficient, and circular economy will impact all sectors of the economy, including the portfolio companies we invest in.

02

While we do not promote any environmental or social characteristics in our investments as defined by the EU’s Sustainable Finance Disclosure Regulation, we firmly believe that sustainability factors should not be overlooked when making sound investment decisions.

03

We adhere to a definition of ESG that resonates with our mission, focusing on relevant issues in the context of venture capital and early-stage technology startups:

Environment

Our aim is to measure and ultimately reduce our environmental footprint at both the fund and portfolio levels.

We consider the environmental impact across three scopes:

Scope 1

Managing direct environmental impacts from our portfolio companies, including emissions from operations and facilities.

Scope 2

Evaluating broader impacts across the value chain, including business travel, product transportation, and end-user energy consumption.

Scope 2

Reducing indirect impacts related to energy consumption and waste management by promoting energy-efficient solutions.

Social

At MeSol, we are committed to fostering social responsibility within our portfolio companies through the following practices.

01
Diversity, Equity, and Inclusion

We strive to integrate diverse and inclusive practices throughout our business operations, promoting a diverse founding team and inclusive hiring practices.

02
Working Environment

We are committed to fostering a strong corporate culture and being a responsible employer, focusing on fair compensation, parental leave, and living wages.

03
Community Engagement

Encouraging our portfolio companies to actively participate in their communities and support local initiatives.

Governance

01
Legal and Regulatory Compliance

We prioritize adherence to the latest laws and regulations, including GDPR and the UN Guiding Principles on Business and Human Rights.

02
Governance Structures

We ensure appropriate governance at both the fund and portfolio company levels, striving to maintain oversight through dedicated committees.

03
Data Privacy And Security

We uphold a strong culture of trust and responsibility regarding data management, implementing best practices across our operations.

How We Operationalize ESG in Our Investment Process

Due Diligence

Our due diligence process includes qualitative assessments of potential investments, focusing on founders’ attitudes toward ESG considerations and any anticipated adverse impacts.

Exclusion Criteria

We maintain strict exclusion criteria and do not invest in sectors engaged in illegal activities, weapons production, tobacco, gambling, or any enterprises that fail to respect human rights.

Post-Investment Portfolio Support

Once we invest in a company, we focus on both risk mitigation and value creation through strong governance practices, innovation stimulation, and continuous support for our portfolio companies.

Sustainability Risks

We integrate sustainability risks into our investment decision-making process, understanding that these risks can materially impact investment value. We assess risks related to environmental sustainability, human rights, and governance.

Sourcing

We prioritize accessibility and diversity in our sourcing practices. Our open application process allows startups to engage with us directly, while partnerships with accelerators promote a diverse pipeline of investment opportunities.

Internal Commitment to ESG

ESG principles are integral to how we manage our organization. We apply the same standards we uphold for our portfolio to our internal practices:

ESG Responsibility

We have assigned overall ESG responsibility to a dedicated team member, ensuring ongoing discussions regarding ESG in our partner meetings.

Good Governance

Our decision-making processes adhere to good governance principles, ensuring accountability and transparency in all operations.

Stimulating Innovation

We focus our investment strategy on fostering innovation, aligning our portfolio companies with market trends and encouraging a culture of creativity.

Human Resources Considerations

We champion a diverse workplace, ensuring equal opportunities and a zero-tolerance policy for discrimination. Our policies support flexible work arrangements, promoting employee well-being and a healthy work-life balance.

frequently asked questions

FAQ

How do I get in touch with MeSol?
What kind of companies do you invest in?
What are you looking for when investing in startups?
Do you sign NDAs or Confidentiality Agreements before meetings?
Do you provide follow-on funding?
What is your investment process?
Are you hiring?
How do you work with your portfolio companies?