During the CDP Europe Awards2 which took place February 19, in Brussels, the Mirova Europe Sustainable Equity Fund and the Mirova Europe Environmental Equity Fund were recognized as being among the 10 most climate-friendly European funds out of a pool of 430 funds. Climetrics ratings are based on three criteria: a fund’s portfolio holdings, its investment policy, and asset manager governance Ratings are awarded according to a scale from 1 leaf (the lowest rating) to 5 leaves (the highest rating). A 5-leaf rating means that a fund invests in companies that are more carbon efficient, better at managing climate-related risks, and more likely to use key technologies that support the energy transition. Being awarded a 5-leaf rating indicates that the systems Mirova has implemented to monitor and analyze climate-related issues are considered among the best in the universe. In total, 5 of Mirova’s funds were awarded a five-leaf rating: The Mirova Euro Sustainable Equity Fund, the Mirova Europe Environmental Equity Fund, the Mirova Global Sustainable Equity Fund, the Mirova Euro Green and Sustainable Corporate Bond Fund, and Mirova Europe Sustainable Equity Fund.
“We’re very honored to have received this award, which recognizes our continued efforts to reconcile financial performance and environmental impact” said Hervé Guez, Mirova’s CIO of Equities and Fixed Income.
Mirova was among the first management companies to understand the importance of creating a tool for measuring carbon impact. Which is why Mirova, in partnership with Carbone43, developed a methodology for measuring, not just the carbon footprints of its investments, but also key market indexes. This methodology, unlike most previously-developed approaches, uses a “life-cycle” view of carbon impact, which takes into account emissions from business products and services as well as avoided emissions when calculating a company’s carbon footprint.
“Our goal has always been to offer long-term investment solutions.” Hervé Guez explained, “Thanks to Mirova’s careful monitoring of the carbon footprints of its strategies, all of our asset classes are on track to meet the 2°C goal which the international community has set.”
Backed by global environmental non-profit CDP4 and ISS-climate5, Climetrics offers investors a clear and comprehensive assessment of a fund’s climate-related risks and opportunities, and a means to find investments that are well-positioned for the transition to a low-carbon economy.
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Reference to a ranking and/or a price does not indicate the future performance of the strategy or the fund manager.
Past performance is not a reliable indicator of current or future performance.
The Mirova Global Sustainable Equity Fund, the Mirova Europe Environmental Equity Fund, the Mirova Euro Sustainable Equity Fund, the Mirova Europe Sustainable Equity Fund and the Mirova Euro Green and Sustainable Corporate Bond Fund are compartments of the Mirova funds SICAV, approved by the CSSF. Natixis Investment Managers International is the management company and has delegated compartment management to Mirova and Mirova US for the Mirova Global Sustainable Equity Fund compartment. These funds have been approved by the CSSF. They are exposed to risk of capital loss, geographic concentration, portfolio concentration, equity market risk, corporate capitalization size risk, foreign exchange risk and emerging market risk.
A DICI and prospectus are available for these funds The DICI of the fund must be submitted prior to any subscription. The funds’ reference documents (DICI, prospectus and periodic document) are available on request from Mirova and on the website www.mirova.com.
Funds may be subject to certain restrictions in accordance with national regulations. It is the investor’s responsibility to ensure that they are authorized to invest in a fund.
This document does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities nor shall it or any part of it form the basis or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever. Mirova and Mirova US cannot be held liable for financial losses or for any decisions made on the basis of the information contained in this document and do not provide any advisory services, particularly regarding investments. The funds and/or services mentioned in this document do not take into account the investment objectives, financial situation, or specific needs of the recipient.
Affiliate of Natixis Investment Managers
French Public Limited liability company with board of Directors.
Share Capital: €8 322 490
Regulated by the Autorité des Marchés Financiers (AMF) under n° GP 02014.
RCS Paris n° 394 648 216
59 avenue Pierre Mendès France
Mirova U.S., LLC
888 Boylston Street, Boston, MA 02199; Tel: 212-632-2803
Mirova U.S, LLC (Mirova US) is a US-based investment advisor that is wholly owned by Mirova. Mirova is operated in the US through Mirova US. Mirova US and Mirova entered into an agreement whereby Mirova provides Mirova US investment and research expertise, which Mirova US then combines with its own expertise, and services when providing advice to clients.
Natixis Investment Managers
RCS Paris 453 952 681
Share Capital: €178 251 690
43 avenue Pierre Mendès France
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.