Silhouette Of Mountains

ESG & Net zero approach

BlackPeak Capital

BlackPeak Capital private equity firm dedicated to investing in the growth of Southeast Europe.

BlackPeak’s website is powered by renewable energy, verified by The Green Web Foundation.

Selected climate-related investments

has helped



companies and municipalities save

GWh of energy


t/y of CO2 emissions

produces high-quality meat and fish alternative products, that need



less water

less CO2

for production compared to the traditional meat industry


BlackPeak Capital aims to minimize its environmental impact while operating according to the highest social, ethical, and governance standards. We are also encouraging our portfolio companies to do the same and supporting them in measuring and reducing their carbon footprint.


We have a dedicated in-house ESG Director, developed an ESG strategy and work to promote science-based approach to Greenhouse gas emission (GHG) measurement and reduction throughout BlackPeak and our portfolio.



We strive to create workplaces and decent economic opportunities in the SEE region, while at the same time encouraging our portfolio companies to promote inclusivity and equality within their teams.

We are developing mechanisms for effective corporate governance and support our portfolio companies to implement them.



€150 mn+


Debt and equity deployed

New manufacturing facilities


Jobs created


US Patent


Our process

BPC exclusion list

ESG Due Diligence

(developing action plan if needed)

ESG onboarding 

session for portfolio company founders

Appointing ESG officers in portfolio companies and onboarding them

Data collection.

Assessment. Goal setting


Reporting. Communication.

Prior investment




Reporting principles: relevance, completeness, consistency, transparency, and accuracy

Assess materiality.

Measure GHG emissions

Track progress & communicate

Emission offsetting

Set relevant science-based goals

Make an action plan for GHG emissions reduction

Start implementing:


We are currently in the process of measuring the GHG emissions of BlackPeak Capital with Wind of Change under the Bilan Carbone methodology.

Information about BlackPeak Capital and portfolio companies from BlackPeak Southeast Europe Growth Equity Fund (BPC II) will be published on our website within BlackPeak Capital's ESG report.

BlackPeak Capital ESG performance overview 2023

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ESG onboarding program for PCs

GHG emissions monitoring

ESG policy

Green hosting


Resource Efficiency

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Measured Scopes 1 ,2 and 3 GHG emissions for 2022. 2023 is in progress

The company follows an internal environmental policy, approved by the Managing Partners. It’s part of the company’s ESMS

BPC has developed an internal ESG onboarding program for PCs, supporting them build a roadmap for better ESG management

LEED platinum v4 building

100% renewable energy in our office space

Company’s website certified for using green hosting

Onsite recycling

Onsite water filtration systems instead of bottled water

Paper reduction policy (incl. digital business cards)

Equipped kitchen space with reusable cutlery. Single-use plastic ban.


Human rights &


Diversity & inclusion

Training opportunities

No Child Labour

Upward feedback

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Human rights, non-discrimination and non-harassment clauses are integral part of DEI policy

Internal Diversity, Equity, and Inclusivity (DEI) policy

Gender balanced team. 46% of our workforce is comprised of females.

Training opportunities for every team member. 100% of team members have undergone at least one company funded training.

Zero tolerance for child or slavery labour equivalents. An integral part of Shareholders agreements

Team members are undergoing interviews, and their anonymous feedback is being shared with Managing Partners.


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Responsible investment

Economic Impact


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ESG Due Dilligence

ESG Governance


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BlackPeak Southeast Europe Growth Equity Fund has an extensive ESG exclusion list combining IFCs and EBRDs exclusion lists.

We perform due diligence on potential environmental, social, or governance risks before every investment.

100% of our PCs have an internal ESG officer

Anti-bribery and Corruption (ABC) clauses are integral part of Shareholder’s agreements

We have published a dedicated ESG section on BPC official website. It is presenting our approach to responsible investment, Net Zero; Diversity, Equity, and Inclusion (DEI), Corporate Governance.

Enabling SMEs from South and Eastern Europe to enter international markets. Partner with industry associations like BESCO to improve the entrepreneurial environment

ESG is not only incorporated into every step of our investment process, but it is also integrated into our everyday operations.

With a commitment to nature and environmental sustainability the BBC Tower has been designed to improve sustainability and reduce energy consumption by introducing the latest technologies and innovations in lighting, electrical systems, HVAC systems, and building façades.

Furthermore, we have seamlessly incorporated on-site recycling initiatives and have also integrated a state-of-the-art water filtration system within our premises.

We operate in a LEED Platinum v.4 building powered by 100% renewable energy.


Photo: BBC Tower

Photo: Nikki Candelero


We prioritize the establishment of an inclusive workplace that ardently pursues equality and inclusion objectives throughout our offices and portfolio companies. To achieve this, we strive to cultivate a supportive, non-discriminatory, and respectful corporate culture and environment.

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Diversity and Equal Opportunities

BlackPeak Capital is committed to ensuring equal opportunities throughout all its locations and hierarchies, both internally and within our portfolio companies. Our remuneration schemes and bonuses are designed to be unbiased and gender-neutral, solely recognizing merit and performance. We are proud to provide equal access to promotion opportunities for all BlackPeak Capital employees and consultants.

Inclusive corporate culture

The inclusive corporate culture at BlackPeak Capital emphasizes the importance of integrity, respect, and tolerance among all our staff members, promoting the highest standards of professionalism in the workplace. Moreover, BlackPeak Capital holds the same ethical expectations for the staff and management of its portfolio companies, both internally and externally.

We firmly reject any form of discriminatory, disrespectful, or degrading behavior towards our staff members, representatives of portfolio companies, investors, or other counterparties.


Registration: BlackPeak Southeast Europe Growth Equity Fund is registered under art. 6 of Sustainable Finance Disclosure Regulation (SFDR) - the default classification for funds without specific ESG focus.

Policy: BlackPeak Capital’s ESG policy approved by Managing Partners is publicly available on our website.

Disclosures: The company is currently reporting to IFC on an annual basis, following 8 performance standards.

In addition to that BlackPeak Capital voluntarily monitors and discloses company's ESG performance and works to improve it.

Please find BlackPeak’s ESG report for 2023 in the section above.

Get in Touch

BlackPeak Capital

4 Mihail Tenev Str., Fl. 19, Sofia, Bulgaria

Sofia, Bulgaria
Luxembourg City, Luxembourg.
Bucharest, Romania.
Belgrade, Serbia