*B Corp Certification is a designation that a business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials. Certified since 2020, Mirova reapplies for the B Corp Certification every three years. The annual fee for maintaining the certification is €30,000 as well as a €250 for a submission fee. Support from Nuova Vista is €15,450. To find the complete B Corp certification methodology, please visit the B Corp website here: https://www.bcorporation.net/en-us/certification
** Introduced in France in 2018 under the Pacte Law, a ‘société à mission’ company must define its "raison d'être" and one or more social, societal or environmental objectives beyond profit. The purpose, and objectives aligned with this purpose, must be set out in its Articles of Association. The Articles specify the means by which the execution of the Mission will be monitored by a Mission Committee (a corporate body distinct from the board of directors which is responsible for monitoring the implementation of the mission with at least one employee.) An independent third party then verifies the execution of the Mission, via a written opinion which is annexed to the report of the Mission Committee to shareholders and made available on the website of the company for a period of five years.
(1) Mirova aims, for all its investments, to propose portfolios consistent with a climate trajectory of less than 2°C defined in the Paris Agreements of 2015, and systematically displays the carbon impact of its investments (excluding Social impact and Natural Capital funds), calculated from a proprietary methodology that may involve biases.
(2) Every three years, the French Ministry of the Economy and Finance certifies funds as being 100% SRI. The funds must meet a series of criteria divided into six themes defined by the label's specifications. To ensure this is the case, the certification body audits the candidate funds using different means: Analysis of regulatory documents, portfolio statement and fund management report; Interviews with the managers of the fund to deepen certain questions, and ask for clarification. To find the complete SRI ceritification methodology, please visit the SRI website here: https://www.lelabelisr.fr/faq/comment-est-attribue-le-label-isr/
Any reference to a ranking and/or an award does not indicate the future performance of the UCITS/AIF or the fund manager. The ongoing label application does not anticipate the achievement of the label.