Code of Ethics and Legal Compliance

This Code of Ethics and Legal Compliance sets out the values and principles through ethical business behavior that aims to serve as a guide for all administrators, managers, employees, representatives, customers, suppliers and other third parties that provide services for BEABLE CAPITAL SGEIC, S.A. or who, in any way, act for account of the same, such as agents, intermediaries or subcontracted companies that relate to the Company.

Código ético


The ESG (or ESG in English) criteria that address the three pillars of sustainability are Environmental, Social and Governance are:

  • Environmental Criteria (A): It covers topics such as climate risks, the shortage of natural resources, pollution, waste, environmental policy, management and reporting, consumption of resources, conservation of biodiversity, circular economy, positive impact (renewable energies) products & businesses.
  • Social Criteria (S): It includes labor and product liability issues, risks such as data security and opposition from interest groups, promotion of compliance with human rights and labor rights (training, health and safety, equality …), work in developing countries, reduction of inequalities, investment in the community, products & businesses with positive impact at the social level, creation of employment, etc…
  • Governance (G): Corporate governance: Includes elements related to corporate governance and company behavior, such as the quality and effectiveness of the board, responsible practices, compliance with principles against bribery and corruption, women in management bodies, business ethic code, relationship with stakeholders / employees / clients / suppliers, etc.

ESG Criteria



Beable Capital SGEIC S.A. does not implement an Involvement Policy under the terms provided for in the stock market regulation. The reasons are that 1) the Investment Policy of the vehicles under management implies no investment in listed companies located in a Member State of the European Union and 2) in case, the shares or the voting rights of the aforementioned listed companies would not represent a relevant percentage. Therefore, the involvement activities to be developed, where appropriate, by Beable Capital SGEIC, are limited.




The objective of this Whistleblowing Channel is to establish a procedure so that any employee or person who works in our Company or relates directly and indirectly to it and has reasonable indications that a crime or malpractice is being committed in our company can report or simply report on the behaviors, of action or omission, or facts, that may be capable of being classified as crimes or contrary to our Code of Ethics.

Canal de denuncias