On December 22, the European Commission unveiled the composition of its High-Level Expert Group on sustainable finance. The group comprises 20 policy leaders from civil society, the finance sector and academia.

Philippe Zaouati, CEO of Mirova, Natixis Asset Management’s subsidiary dedicated to responsible investment, was selected from a list of 103 applicants as one of these experts.

The group will start meeting as of January 2017 and continue right throughout the year. The objective is that the Expert Group provides, by the end of 2017, recommendations for a comprehensive EU strategy on sustainable finance as part of the Capital Markets Union. The Expert Group will look into how policy reform can steer the flow of public and private capital towards sustainable investments, explore steps required to protect the stability of the financial system from risks related to the environment, and deploy these policies on a pan-European scale.

The Commission will draw on these recommendations to determine how to integrate sustainability considerations into the EU's rules for the financial sector.

“This is a good opportunity for Mirova and provides a fresh possibility to take concrete steps to promote more sustainable finance” states Philippe Zaouati.

Read the European Commission decision (10-28-2016)
Read the press release
About Mirova
Mirova, an asset management company wholly owned by Natixis Asset Management1, brings to bear almost 30 years of experience in Socially Responsible Investing (SRI). Mirova offers a conviction-driven approach in order to combine value creation with sustainable development with a unique and global product offering: listed equities, fixed income, infrastructure, impact investing, voting and engagement. With 63 employees, Mirova has €6 billion in assets under management2.

Mirova
A subsidiary of Natixis Asset Management
Limited liability company
Share Capital: €7 641 327.50
Regulated by the Autorité des Marchés Financiers (AMF) under n° GP 02014.
RCS Paris n° 394 648 216
21 quai d’Austerlitz 75013 Paris France
www.mirova.com

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