The philosophy
Mirova’s impact private equity strategy targets a dynamic risk/return through early growth private equity investments in companies with a technological edge, that aim to contribute positively to the societal transition.
Our society faces various kinds of major transitions (environmental, economic, demographic, etc.) that are overhauling our economic systems and lifestyles.
These transitions require adaptation and innovation at all levels of society if we are to build a more resilient and more sustainable future.
TechforGood1 firms have a key role to play in driving these changes and offer promising growth prospects for the long term, but they need funding to develop at scale. This is why Mirova’s strategy invests in these innovative solutions.
1 TechForGood refers to various organisations that are working to address societal issues and that make use of technological innovation for the common good.
4 Investment themes centred around the human being
A strategy enabling to build a sustainable and desirable society
Learning and knowledge
Well-being and health
Mindful consumption
Diversity and inclusion
Impact at the heart of the investment process
7 SDGs directly targeted combining societal impacts and financial opportunities
3 SDGs indirectly targeted through environmental benefits
Investor should note that an investment in the strategy does not generate a direct impact on the society but that the strategy seeks to select and invest in companies that meet the specific criteria defined in the management strategy.
Sustainable Development Goals. The Sustainable Development Goals set 17 priorities for development that is socially equitable, environmentally sound, economically prosperous, inclusive and predictable by 2030. They were adopted in September 2015 by the UN as part of the 2030 Agenda. For more information: https://www.un.org/sustainabledevelopment.
Source: Mirova. Information provided reflects the situation as of the date of this document and may change without notice.
Reasons to consider
- An impact solution targeting late venture capital and growth-stage1 companies, contributing positively to the transition
- 4 themes centred around the human being : Well-being & Health / Learning & Knowledge / Mindful Consumption & Life-style / Diversity & Inclusion
- Pan-European allocation with minimum 50% in France
- Opportunistic approach: from minority to majority, and keeping an active role in the governance
- A pure player of sustainable finance & impact: Mirova is a mission-driven company2 and B-Corp label3
- A proven expertise in private assets combined with a dedicated ESG research team
- A privileged access to deal-flow and investment opportunities
- A strong platform with a long-lasting track-record in private investments with €5.0 billion of assets under management in real assets4
The analyses and opinions referenced herein represent the subjective views of the author(s) as referenced, are as of the date shown and are subject to change without prior notice.
Risks to consider
All investing involves risk, including the risk of loss. Investment risk exists with equity, fixed income, and alternative investments. There is no assurance that any investment will meet its performance objectives or that losses will be avoided. There could be other differences across similar products in the same strategy. Investors should fully understand the risks and other relevant details associated with any investment prior to investing. References to a ranking, prize or label do not anticipate the future results of the latter, or of any relevant fund or strategy, or of the manager.
The team
The firm
A committed player and a leading player in sustainable finance, Mirova is a conviction-based management company that offers its clients investment solutions combining the search for financial performance with environmental and social impact. This is their raison d'être: to contribute to a more sustainable and inclusive economy by increasing their positive impact on environmental issues, but also on reducing inequalities.
As a ‘Mission-led company’2, thanks to multidisciplinary teams united around the same vision, the variety of their areas of expertise, and their ability to innovate and create partnerships with the best experts, they seek to direct capital towards the needs of investment in a real, sustainable and value-creating economy.
Mirova is internationally recognised BCorp3 certification attests to their environmental and social commitment.
France
Employees
1 Capital invested in companies currently profitable or that appear to be just about to become potentially profitable.
2 Mirova is a mission-driven company since 2020. For more information: https://www.entreprisesamission.org/.
3 Since 2006, the B-Corp label has been promoting strong values of change throughout the world to make companies "a force for good" and to distinguish between those that reconcile profit (for profit) and collective interest (for purpose).The B-Corp's objective is to certify companies that integrate social, societal and environmental objectives into their business models and operations.www.bcorporation.net/about-b-corps. Mirova is B-corp certified since 2020. References to a ranking, prize or label do not anticipate the future results of the latter, or of any relevant fund or strategy, or of the manager.
4 Private assets under management comprising Private Equity, Infrastructure, Natural Capital and Social Investing. Source: Mirova, as of 30/06/2024.