Investing Responsibly
‍for a Better Tomorrow

1.1 Fund information

SC Management ApS, CVR-number: 40557679 has the following alternative investment funds under management.

Scale & Friends K/S – CVR-number 40552677

Scale Invest Feeder K/S – CVR-number 41103655

Scale Capital Fund II K/S – CVR-number 40583033

The funds listed above will for the remainder of this Sustainable Finance Disclosure be referred to as ‘the funds’.

1.2 Integration of sustainability risks in the investment process and active ownership

Scale Capital considers environmental, social, and governance (ESG) consequences of any investment made by the funds. The fund managers at Scale Capital are guided by the principles set out in the UN Global Compact Initiative and Principles for Responsible Investment (PRI). Furthermore, investment decisions are sought to be aligned with the UN Sustainable Development Goals (SDGs) number 4, 5 7, 8, 9 and 11.

The funds actively integrate sustainability risks into investment decisions, including screenings, due diligence, and during ownership where portfolio companies are engaged and monitored on material ESG issues.

1.3 No consideration of sustainability adverse impacts Scale Capital’s fund managers consider sustainability risks as an integral part of all investment decisions, but they do not consider all of the specific adverse impact indicators in investment decisions as set out in Table 1-3 of Annex 1 of the Commission’s delegated regulation supplementing Regulation (EU) 2019/2088 (the Sustainable Finance Disclosure Regulation).

The reason for this is that the factors determined by the regulations, such as tracking of areas of high-water stress and soil degradation, have limited relevance for Scale Capital given its role as an alternative investment fond focusing on early-stage tech startups in the Nordics.

Rather, Scale Capital puts additional emphasis on their own ESG-framework that includes a flexible but diligent sector-specific approach to assessing sustainability risks in their investments.

1.4 Remuneration policies

Scale Capital’s remuneration policies for its fund managers are structured so as they do not encourage any excessive risk-taking when it comes to sustainability risks.