Mirova company Pioneering Sustainable Investing and ESG Excellence

Mirova is a pioneering company in sustainable investing and ESG excellence. With a strong focus on environmental, social, and governance factors, Mirova has made significant strides in the industry.

Mirova's commitment to ESG excellence is evident in its investment approach, which prioritizes long-term sustainability over short-term gains. This approach has led to impressive results, with Mirova's funds consistently outperforming benchmarks.

Mirova's expertise in sustainable investing has made it a go-to partner for institutional investors and asset owners seeking to integrate ESG considerations into their investment strategies.

Mirova's private assets platform only invests in companies that demonstrate positive social and environmental impacts.

Mirova's screening process identifies all positive impacts in key impact areas such as climate, species, ecosystems, livelihoods, and more.

The due diligence process involves working closely with projects to maximize their potential positive environmental and social impact performance.

Mirova's ESG Standard requires projects to comply with the IFC Performance Standards and the IFC Environmental Health & Safety Guidelines.

Companies must assess and develop a system to manage all environmental and social risks to meet Mirova's ESG Standard.

A gap analysis is conducted between companies' current standards and Mirova's ESG Standard, with all gaps identified written into an environmental and social action plan.

Compliance with the plan forms part of the investment contract, ensuring companies meet Mirova's high standards.

Companies that do not have the willingness or ability to reach Mirova's ESG Standard will not receive investment.

Mirova, a pioneer in responsible investment, has been actively engaging with the market on ESG (Environmental, Social, and Governance) issues for over two decades.

The company's commitment to ESG is reflected in its investment philosophy, which emphasizes the importance of considering non-financial factors in investment decisions.

Mirova's ESG research and engagement efforts have led to significant improvements in the companies it invests in, with some companies reducing their greenhouse gas emissions by up to 50%.

Mirova's market approach is centered around active ownership, where the company works closely with portfolio companies to drive positive change and enhance long-term value.

Mirova's ESG expertise has been recognized by leading industry organizations, including the United Nations-supported Principles for Responsible Investment (PRI).

Mirova's market influence extends beyond its own investments, with the company actively contributing to industry-wide initiatives and advocacy efforts on ESG issues.

Mirova's commitment to transparency and accountability is reflected in its regular reporting on ESG performance and progress.

Mirova, a subsidiary of Natixis Investment Managers, has made a significant impact in the field of clean energy and gender equality through its Convergence Awards. The Convergence Awards aim to support innovative projects that combine environmental and social objectives.

One such project is the grant for clean energy, which focuses on reducing greenhouse gas emissions and promoting the use of renewable energy sources. This grant is a crucial step towards a more sustainable future.

The Convergence Awards also grant funding for projects promoting gender equality, recognizing the importance of women's empowerment in achieving sustainable development goals.

Mirova has been quite active in the renewable energy sector, with several notable announcements in recent years.

In January 2024, Engie increased its stake in the 194 MW Goya portfolio of operational wind farms in Spain.

Mirova has also been involved in the launch of its sixth strategy dedicated to energy transition infrastructure, Mirova Energy Transition 6 (MET6), which was announced in October 2023.

This strategy aims to provide investment opportunities for those looking to transition to more sustainable energy sources.

In March 2023, Mirova announced a US$171 million first close of its Mirova Gigaton Fund, a blended finance debt fund aiming to accelerate the clean energy transition.

The fund's goal is to support projects that reduce greenhouse gas emissions and promote sustainable development.

In February 2023, Glennmont Partners acquired a 47 MW onshore wind portfolio in Sweden from Eolus and Mirova.

This deal marked the first investment from Glennmont Partners' EUR700 million (US$769.8 million) brownfield wind and solar fund.

Mirova has also signed a funding contract with Evecon for the development of a 70 MW solar photovoltaic project in Estonia.

The project is located in the municipality of Lääneranna and is expected to contribute to the country's renewable energy goals.

Here are some key highlights from Mirova's recent announcements: