The company serves Chinese cuisine with a focus on refined Sichuanese cuisine complemented by Cantonese cuisine. It targets business and casual diners by offering fine cuisine, decent dining ambience and service.
CVC is increasingly aware of the impact that the private equity industry can have on society and the environment. The sector reaches a large number of people across many countries and involves the use of a significant amount of the earth's natural resources. CVC therefore believes that environmental, social and governance (ESG) issues should be integral to the investment process and is in the process of enhancing and formalising its approach to these issues in its own investment programme.
We understand that the effective ownership and management of a company creates benefits for all stakeholders: from employees to customers, suppliers to shareholders, and the wider community at large. Therefore, CVC is committed to helping its investment funds make responsible investments in order to create sustainable, long-term value in close partnership with management teams.
CVC takes into account the ten principles of corporate governance enshrined in the UN Global Compact and is in the process of putting comprehensive mechanisms in place to incorporate ESG issues into investment analysis and decision-making processes.
We are aware that there is significant opportunity to influence corporate behaviour to achieve improved ESG/sustainability performance through the ownership of its portfolio companies. CVC believes that best practice on ESG issues both mitigates risk and captures opportunities that enhances the long-term value of the portfolio companies.