Citizen Capital

Fonds d'investissement à impact

Paris, Ile-de-France


About Citizen Capital

Citizen Capital is a leading French private equity fund dedicated to using an impact-driven investment approach to deliver both financial and social returns for investors and society at-large.

Citizen Capital manages €60 million and provides growth capital to high growth small or medium companies (€1 to 50 million sales) dealing with empowerment issues or strong social purpose targeting:

  • Self-made entrepreneurs (lack of educational background, minority-owned, women-led, empowering employees)
  • Mission driven businesses (eg: addressing pressing needs of a vulnerable population, job creation in deprived areas, transforming our consumption habits, creating shared value, etc.)

Their goal is to build wealth for all stakeholders in their portfolio companies. In addition to capital they offer a combination of strategic, financial, operational guidance to the companies in which they invest, as well as a pro-active support in building and driving impact strategy. Citizen Capital has implemented a methodology combining social impact and ESG approach. Citizen Capital has signed the Principles for Responsible Investment (United Nations, PRI) and is a member of the G8 Social Impact Investment Task Force.

By becoming a B Corp, we emphasize our commitment to support the scale up of a “profit-with-purpose” approach ; B Corp certification helps us to support our portfolio companies into using their powerful business models as a force for good.

The Change We Seek®

By financing and offering guidance to companies that engage themselves in bringing new solutions to societal challenges, Citizen Capital seeks to “mainstream” an economy that actively adresses pressing social and environmental challenges.

What makes us a better company?

B Impact Report

Certified since: 

October 2015

Company Score

Median Score*



The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.



The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.



The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).



The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.



The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

Overall B Score

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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