Investing Meets Sustainability: Mirova
Mirova, a 100% sustainable investor
Mirova strives to create solutions across all asset classes with the aim of combining the search of economic performance and sustainable development.
Mirova is an asset manager that is 100% dedicated to sustainable investing. Through strategies developed over three decades, across both listed and unlisted asset classes, Mirova aims to provide clients with investments that reconcile value creation goals with positive social and environmental impact.
The world of Finance must meet the challenges of today’s society and accelerate transformation towards a more sustainable model.
~ Philippe Zaouati, CEO
Mirova was created to implement a new vision of investment, called ‘impact investing’. Its philosophy is based on the conviction that solutions to sustainable development issues should be at the centre of its analysis, and that supporting them through innovative financial solutions will create global value for all stakeholders over the long term.
- Restoring confidence in the link between financial players and the real economy
- Identifying and financing companies and projects with a sound business model, which are able to generate positive social and environmental impact
- Acting as a sustainable investor, by being actively involved through voting rights and engagement with all the companies in which it invests, and with the business sector and the financial industry more broadly
Impact investing: investments made in companies or organizations with the intention of contributing to a measurable positive social or environmental impact, and generating financial returns.
~ The International Finance Corporation - 2019
The term impact investing is relatively new to the vocabulary of finance. It identifies investments that seek to achieve positive contributions to environmental and social objectives without compromising financial return.
Because impact investing is not an asset class per se, this approach may legitimately be applied in all asset classes: listed equities, bonds, infrastructure, real estate, etc.
Mirova’s positioning is precisely in line with the impact investment approach, which is applied across all asset classes.
To help investors who increasingly attach importance to sustainable development issues, Mirova tried to define what makes an impact investing approach unique, and what distinguishes a sincere and effective impact approach.
Download Mirova Impact Concept Note
2020 UN PRI Leader GroupMirova was selected for the PRI Leaders Group 20201, a group of 36 companies considered by the United Nations’ Principles for Responsible Investment (PRI) organization to be at the forefront of 2020’s theme: climate reporting. This announcement is a particular recognition for Mirova’s methodology to measure the carbon footprint of its investments, as well as the main market indexes.
The PRI Leaders’ Group is based on a different theme each year. To be considered for the Leaders’ Group 2020, signatories had to demonstrate a strategic approach to aligning their organisation with the FSB’s Task Force on Climate-related Financial Disclosures (TCFD) in their 2020 responses to the PRI Reporting Framework.’ The PRI is the world’s leading proponent of responsible investment, brings together 2,400 signatories, institutional investors and asset managers.
Top 10: Hirschel and Kramer Responsible Investment Brand Index™ 2020Mirova made the Top 10 of companies achieving the best overall score in 2020 in the H&K Responsible Investment Brand Index™.2 While the number of asset managers linking their core purpose to societal goals has nearly doubled, only a handful manage to genuinely convey their commitment to Responsible Investment through their brand.
The H&K Responsible Investment Brand Index™ (H&K RIBI) examines which asset managers act as responsible investors and commit to sustainable development to the extent that they put it at the very heart of who they are, including their brand. The H&K RIBI is made up of two ratings: the Commitment rating which focuses on hard factors (eg level and quality of Listed Equity voting), and the Brand rating which focuses on soft factors (eg the existence of a Purpose statement and the quality of its expression). Each of these two ratings ranges from 0 (poor) to 5 (excellent).
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2 References to a ranking, prize or label do not anticipate the future results of the fund, or of the investment manager. Methodology available at www.ri-brandindex.org.