The SRI label backed by French government has been granted to 21 mutual funds managed by Mirova, the Natixis’ branch focused on responsible investment.
A total of €2.2bn in assets were managed in these funds as of 30 June 2016.
Philippe Zaouati, CEO of Mirova, commented : “As we are fully committed to responsible investment, it was only natural for us to submit a great number of the funds managed by Mirova and largely distributed throughout our various networks for labelling.
“The grant of these labels demonstrates the relevance of our rigorous and global approach. Although we are convinced that responsible finance could play a role in solving the challenges we currently face throughout the world, it can only be developed with the support of the general public. These labels give investor confidence, along with means to measure the real impact of their investments.”
Zaouati recently discussed the SRI and green bonds topics in the supplement of InvestmentEurope’s November 2016 issue.