News
The COVID-19 pandemic is the biggest shock to our societies in several decades. In addition to having a major impact on the health of millions of human beings, it profoundly destabilizes the way our economies function, raising fears of a social crisis of unprecedented proportions. Businesses are suffering this crisis through the cessation of activity, and tomorrow they will be at the forefront in responding to its consequences.
Neste, the world’s leading provider of renewable diesel, renewable jet fuel, and an expert in delivering drop-in renewable chemical solutions, and Mirova, a pioneer impact investor in the natural capital space, today announce a combined EUR 10 million investment into Recycling Technologies Ltd (‘Recycling Technologies’), a specialist plastic recycling technology provider. The aim is to accelerate the development of chemical recycling and foster the transition to a circular economy for plastic.
We are proud to announce that Mirova won today the prestigious “Energy Investor of the Year, Europe” and “Renewables Investor of the Year, Europe” prizes at the Infrastructure Investor Awards 2019. The award process drew thousands of votes from the global infrastructure investment community, who selected from a shortlist of four nominees which firm best represented the energy asset class in Europe last year.
For this second edition of the CDP Europe Awards1, all Mirova equity funds scored according to the Climetrics method earned five leaves, the highest rating given by the CDP, awarded to just 2.5% of the 17,000 funds evaluated2. The Mirova Euro Sustainable Equity fund3 took home the Climetrics Funds Award for being ranked among the five European equity funds to best integrate climate issues into their investment processes, according to the Climetrics methodology.
SafetyNet Technologies Ltd. today announced a £1.1m ($1.5m) convertible note investment from Mirova, Conservation International Ventures and Mustard Seed VC. The funding will enable SafetyNet Technologies to take the next important steps in commercialising its pioneering light-emitting bycatch-reduction technology, Pisces.
Through the UK’s International Climate Finance programme, DEFRA1 will support Mirova's Land Degradation Neutrality (LDN) Fund with an anchor investment of £10m, to catalyse more private investment in land restoration and nature, to tackle climate change. This commitment of public capital will provide a protective cushion that will significantly reduce the risk profile for investments in the sustainable land-use sector and will leverage in the support of over USD $50m of investment from the private sector – inspiring confidence within environmentally sustainable activities and playing a catalytic role in the development of the Fund.
AXA Investment Managers, BNP Paribas Asset Management, Mirova, and Sycomore Asset Management strongly believe that preserving the planet’s biodiversity is an urgent priority. Together, they have launched a call for expressions of interest (CEI) for a partner to develop and implement an innovative tool to measure the impact of investments on biodiversity. The goal of the CEI is to find a player capable, on a large scale, of measuring companies’ biodiversity impact.
