ESG IMPACT

A structured approach ensures that Green Tech integrates ESG considerations at every stage of its investment lifecycle, contributing to a sustainable and responsible future.

Purpose
and Objectives

This policy establishes transparent guidelines and commitments to integrate Environmental, Social, and Governance (ESG) principles into our operation, investment analysis and decision-making processes. By embedding sustainability at the core of our operations, we aim to create long-term value for investors and society.

Commitment to
International
Standards

Green Tech adheres to globally recognized sustainability frameworks:

Paris Agreement: Supporting projects that enable the transition to renewable heating and low-carbon infrastructure.

UN Principles for Responsible Investment (PRI): Committed to integrating ESG factors into business practices.

EU Sustainable Finance Disclosure Regulation (SFDR) & Taxonomy: Ensuring compliance and alignment with sustainability objectives.

ESG Framework

Environmental Responsibility

Decarbonization of heating and cooling sectors.

• Maximizing positive externalities through resource efficiency and reduced emissions.

• Monitoring air quality and emissions as per the Greenhouse Gas Protocol.

Social Responsibility

Adherence to national and international labor laws and human rights principles.

Ensuring fair working conditions, health, and safety across the value chain.

Promoting diversity, inclusion, and social impact initiatives in local communities.

Governance & Ethics

• Upholding ethical business conduct, transparency, and accountability.

Implementing policies against bribery, corruption, and discrimination.

Strengthening data protection, cybersecurity, and regulatory compliance.

ESG Implementation

Investment Screening & Due Diligence

Conducting pre-investment ESG screenings.

Excluding sectors that conflict with our sustainability values (Annex I).

Assessing governance structures using the governance checklist (Annex II).

Reporting & Transparency

Compliance with SFDR and EU Taxonomy alignment

requirements.

Annual ESG disclosure including sustainability risk assessments.

Portfolio-wide Sustainability Reports to track ESG impact and performance.

Compliance & Risk Management

ESG Governance Structure

Head of ESG & Compliance: Ensuring policy implementation and regulatory compliance.

Chief Risk Officer (CRO): Overseeing risk management in alignment with AIFMD requirements.

Risk Management Framework

Defining risk policies, investment guidelines, and restrictions.

Monitoring adherence to ESG principles at all investment stages.

Addressing potential risks through proactive countermeasures.

Annexes

Annex I Excluded Sectors

Green Tech will not invest in companies associated with:

Weapons and ammunition

Tobacco and alcohol

Gambling and pornography

Fossil fuel extraction (coal, oil)

Systematic violations of UN Global Compact Principles

Annex II Governance Checklist

Green Tech evaluates investments based on governance criteria:

Code of Conduct & Ethics

Anti-bribery and corruption policies

Diversity and inclusion policies

Health, safety & environmental compliance

Data protection and cybersecurity measures

Green Tech ⋅ ESG

Back To Top

Robert Pană

Board

20+ years in executive management and corporate governance

Worked with top organizations such as BVB, Hidroelectrica, and Swiss Capital

In depth expertise with financial markets and regulations

Radu Fărnoagă

Chief Geologist

40+ years experience in geothermal water, and oil and gas drilling

Oversees all geological aspects related to drilling and exploitation of geothermal wells

Broad expertise in geology, hydrogeology and geophysics

Lars A. Haussmann

President | Board

20+ years as a leader in finance and investments

Leads the largest European portfolio of geothermal wells

Extensive experience in economic and accounting sectors

Horia Pitulea

CEO | Board

10+ years in geothermal energy and management

Led Green Tech to EUR240 million IPO in 2024

Background in engineering and business administration

Gabriel Dumitraşcu

Business Development | Board

25+ years in technical and political fields

Developed robust business strategies for Green Tech

Extensive expertise as manager and board member of major companies in the electrical and thermal energy field

Dragoş Gavriluță

Chief Operating Officer

25+ years in finance, operations and general management

Experience in B2B and B2C, both in Europe and North America

Expertise in operations, finance, continuous improvement and project management

Cristian Nae

Non-Executive Board

20+ years in electronics and telecommunications

Experience with major banks like BCR and CEC Bank

Expertise in financial technology and banking

Bruce Borntraeger

Board

15+ years in private markets and banking

Worked with top financial institutions like ABN AMRO

Deep experience with global private markets

Sustainable Development Goals

Link to external resources

©Green Tech. All rights reserved