Mirova is proud to announce that its fund Mirova Impact Life Essentials SLP (MILE SLP)¹ has been authorized to use the LuxFLAG Social Impact Label, under the status of "Applicant Fund." Launched in February 2025, the label recognizes the strong alignment of the fund with best market practices regarding investment policies and procedures, as well as its clear intention to generate measurable and significant social outcomes.

Key Features of the Social Impact Label

• Contribution to Social Impact: Recognizes investments where the majority of assets are aligned to promote decent work, improve living conditions, and support inclusive and sustainable communities, while avoiding or mitigating negative impacts. 
• Thematic Alignment: Assets are selected based on their contribution to key Social Impact Themes, supported by methodologies and indicators that ensure a positive impact. 
• Transparency: The measurement and reporting of social impact adhere to globally recognized frameworks and standards, ensuring clear communication with stakeholders. 
• Robust Due Diligence: Comprehensive social protection measures and exclusion criteria ensure that investments meet the highest ethical standards. 

MILE SLP is one of the first funds to be granted the use of the Social Impact Label, which aims to encourage social and inclusive investments. The "Applicant Fund" status is specifically designed for newly launched investment funds that have not yet begun to deploy their capital, or have only done so to a limited extent.

“Obtaining the LuxFLAG Social Impact Label is a strong recognition of our ambition to create tangible and sustainable social value. Through Mirova Impact Life Essentials SLP, we aim to combine financial returns with positive impact by addressing three major societal challenges: well-being and health, responsible consumption and lifestyles, and learning and knowledge.”  Marc Romano, Managing Director of Impact Private Equity, Mirova