What are the Invest Europe reporting levels / thresholds?
Invest Europe uses a three-tiered reporting framework to determine how many ESG metrics a portfolio company must complete.
Each reporting level is determined solely by the average number of full-time equivalent (FTE) employees during the reporting period. A higher FTE count results in a higher reporting level and a more extensive set of required metrics.
The three reporting levels are:
- Minimum <15 FTE:
- Focuses on fundamental ESG metrics, covering company basics and key environmental and social indicators. Applicable to companies averaging fewer than 15 full-time employees during the reporting period.
- Intermediate 15-250 FTE:
- Builds upon the Minimum level to provide a balanced representation across environmental, social, and governance metrics. Applicable to companies averaging between 15 to 250 full-time employees during the reporting period.
- Full >250 FTE:
- Extends the Minimum and Intermediate levels to include a comprehensive set of ESG metrics, offering a complete view of the organisation’s sustainability performance. Applicable to companies averaging more than 250 full-time employees during the reporting period.
Not every KPI may be equally relevant or material for every portfolio company.
If a metric is not monitored, not relevant, or not applicable, the portfolio company may omit it by selecting the omission option and providing a brief explanation.
For more details, see the FAQ: “How do I omit a metric?”