Mirova recognised as a ‘Best For The World™ 2021 B Corp in ‘customers area’
Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investing and a Certified B Corp1, is proud to announce it has been named amongst the ‘Best for the World™ B Corps of 20212’. The Best for the World are B Corps whose scores in one or more of the five impact areas assessed towards the certification reach the top 5% of all B Corps worldwide. Mirova has been recognised in the ‘customers area’, for the development of high impact investment solutions for investors.
Mirova is a 100% sustainable investment asset management company, created in 2014 with the ambition to develop innovative investment products that allow investors to participate in the transition of the economy to a sustainable model.
Across asset classes, Mirova has worked to create investment solutions aiming at reconciling environmental and social positive impact with long-term financial performance. Mirova believes such products can benefit the world as well as answer investors’ appetite for impact and meet their financial requirements.
Today’s recognition today by the B Corp community in the ‘customers area’ for the quality and impact of its products is an honour and extremely pleasing for Mirova as a company and for all its teams. It encourages the firm to continue to collaborate with the global B Corp community to improve and positively impact all stakeholders.
We are delighted and proud to receive such a distinction. On behalf of Mirova’s team I wish to thank the B Corp community for this recognition and to congratulate all the Best for the World™ B Corps 2021 for setting examples of good practice in all five impact areas of the B Corp assessment. Being recognised as a company that benefits the world is a huge encouragement and we will continue working on the positive impact and long-term performance of our products to remain worthy of this recognition and of our clients’ trust.
The Best for the World™ recognition is administered by B Lab, the global nonprofit network that certifies and mobilises Certified B Corporations, which are for-profit companies that meet the highest standards of social and environmental performance, accountability, and transparency. Today there are more than 4,000 Certified B Corporations across 77 countries and 153 industries, unified by one common goal: transforming the global economy to benefit all people, communities, and the planet.
B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. The B Corp Certification doesn’t just evaluate a product or service, it assesses the overall positive impact of the company that stands behind it—like Mirova. Using the B Impact Assessment, B Lab evaluates how a company’s operations and business model impact its workers, community, environment, and customers. To achieve the B Corp Certification, a company must achieve a score of at least 80 points on the assessment.
"Best for the World™ is a special program for the B Corp community, and we're thrilled to resume it after pausing the program in 2020 due to COVID-19," said Juan Pablo Larenas, Executive Director of B Lab Global. "This year's Best for the World™ companies are operating at the very top of their class, excelling in creating positive impact for their stakeholders, including their workers, communities, customers and the environment. We're proud of the community of stakeholder-driven businesses we've cultivated over the last 15 years; together we're marching toward our collective vision of an inclusive, equitable and regenerative economic system for all people and the planet."
1- 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.
2 - References to a ranking, prize or label do not anticipate the future results of the latter, or of the fund, or of the manager.
Past performance is not indicative of future performance.
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The Environmental Finance Sustainable Investment Awards 2021 (SIA 2021) awarded sustainable investment pure-player Mirova the "Real assets manager of the year" award for the second year running, for its activities on nature-based solutions and renewable energy infrastructure. Its fifth fund dedicated to financing energy transition infrastructure was also rewarded with the "Renewables fund of the year" award.
The first environment-related event to be held physically since the beginning of the pandemic, the IUCN (International Union for Conservation of Nature) World Conservation Congress aims to take action for nature-based recovery, climate change and post-2020 biodiversity. Initially scheduled for September 2020, it will be held from 3 to 10 September 2021 in Marseille, in a hybrid format - digital and face-to-face.