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Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investment, is to manage a €50 million dedicated impact investment for L’Oréal, the world’s largest cosmetics company. It is designed to address urgent social and environmental issues.

The investment will be deployed to finance damaged natural marine and forest ecosystems restoration projects. “We look forward to working hand-in-hand with L’Oréal to support its ambitions for the climate and the environment,” says Thomas Benoist, Head of Corporate Sales of Natixis Investment Managers International.

The investment by L’Oréal runs parallel to its recently announced sustainability program, “L’Oréal for the future”, which sets out the company’s ambitions through to 2030. These ambitions including fighting climate change, under the auspices of the “Science-Based Targets” initiative, and addressing three specific environmental issues: preservation of biodiversity, sustainable water management and circular use of resources.
Leveraging on its platform dedicated to natural capital investing, Mirova will analyse, structure and implement investments dedicated to nature generation on behalf of L’Oreal. Such investments can take the form of forest protection or agroforestry projects, as well as blue carbon initiatives, meeting high environmental and social standards while being economically viable.

Mirova recognizes the major challenge posed by the deterioration of natural capital, which we are making concrete pledges to preserve and restore. Impact investing is also gaining traction among institutional investors. This collaboration with L’Oréal highlights how Mirova can leverage its impact investing expertise to help clients meet their individual climate and biodiversity goals.” says Philippe Zaouati, chief executive of Mirova.”

For further reading:
Mirova Natural Capital Limited
UK Private limited company
Company registration number: 7740692 – Authorized and Regulated by the Financial Conduct Authority ("FCA")
Registered office: 18 St. Swithin's Lane, London, England, EC4N 8AD.
The services of Mirova Natural Capital Limited are only available to professional clients and eligible counterparties. They are not available to retail clients. Mirova Natural Capital Limited is wholly owned by Mirova.
www.althelia.com

Mirova
Portfolio management company - French Public Limited liability company
Regulated by AMF under n°GP 02-014
RCS Paris n°394 648 216
Registered Office: 59, Avenue Pierre Mendes France – 75013 – Paris
Mirova is an affiliate of Natixis Investment Managers.
www.mirova.com

Natixis Investment Managers
Portfolio management company - French Public Limited liability company
RCS Paris n°453 952 681
Registered Office: 43, Avenue Pierre Mendes France – 75013 – Paris
Natixis Investment Managers is a subsidiary of Natixis.
www.im.natixis.com

Natixis Investment Managers International
Portfolio management company - French Public Limited liability company
Regulated by AMF under n° GP 90-009
RCS Paris n°329 450 738
Registered Office: 43, Avenue Pierre Mendes France – 75013 – Paris
Natixis Investment Managers International is an affiliate of Natixis Investment Managers.
www.im.natixis.com

This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.