Spotlight on Investors: Mirova
28-Jan-2019 4:00:23 PM
Founded in 2012, Mirova is an affiliate of Natixis Investment Management, one of the biggest asset management companies in Europe. Mirova's investment approach is defined by the Sustainable Development Goals framework, as it enables to capture the contribution of an asset to environmental and social sustainability. As of September 30th, 2018, Mirova had USD 11.8 billion of assets under management.
Mirova only invests in countries and firms that contribute to the SDGs. To assess a security's alignment, the organization conducts bottom-up research involving security-level analysis of risk and opportunities, a life-cycle analysis to identify where the impact occurs, and finally an issue-level analysis to understand how specific themes affect the securities. Mirova seeks alignment with the Paris Agreement targets by monitoring the carbon footprint of the equities and bonds they hold in their portfolios. Beyond their investment choices, their approach involves a voting policy aligned to their values, which are accompanied by engagement procedures with issuers and public authorities.