France
The markets closed out the year significantly down and 2018 officially became the worst year on record since the Financial Crisis. A general climate of gloom prevails, in sharp contrast with the optimistic beginning of 2018.
Operational since its first closing at the end of 2018, the LDN Fund has finalised its first transaction, investing in Urapi Sustainable Land Use (Urapi), a programme focused on restoring degraded land and promoting sustainable land management in Latin America, conceived by the project developer ECOTIERRA. The Fund’s Strategic Board also held its first meeting on the 15th of January.
"We need finance to tackle the environmental and social issues of Climate Change".
Mirova is targeting 20 billion assets under management over the next five years by continuing to focus on innovation, to strengthen its offer to institutional clients and the retail sector, and by exploring new areas of impact
Mirova, the leading asset manager dedicated to sustainability investing and affiliate of Natixis Investment Managers, held 250M€ first close for Mirova Eurofideme 4 in late October.
Ecosphere Capital Limited, majority-owned by responsible investment manager Mirova,an affiliate of Natixis Investment Managers, today announces the first close of the Althelia Sustainable Ocean Fund (“SOF”), a new investment fund dedicated to making pioneering impact investments into marine and coastal projects.
This document is part of a series published by Mirova to illustrate our approach to sustainability sector-by-sector. We aim to address solutions, risks, and how we optimize impact through investment. This eighth paper focuses on environmental, social and governance issues in the Utilities sector.
In 2017, our CEO Philippe Zaouati served on the High-level Expert Group on Sustainable Finance, created by the European Commission as part of its preliminary reflections. Now it is Manuel Coeslier, Equity Portfolio Manager, head of carbon strategies and specialist in carbon footprint issues who has been selected to join the Technical Expert Group on Sustainable Finance.
Mirova and Natixis are among the 65 companies that took part in the Act4nature event that was held on 10 July 2018, in order to demonstrate their commitment to the protection, enhancement and restoration of biodiversity. The initiative was launched by EpE (Entreprises pour l’Environnement) and its partners. The French Ministry for the Ecological and Inclusive Transition, Nicolas Hulot, took part in the event and delivered the closing statement.
