Mirova (company)

Mirova, initially established as a department within Ostrum Asset Management (formerly Natixis Asset Management), was founded in 2012 by Philippe Zaouati.^[4][5] In 2014, Mirova evolved into a direct affiliate of Natixis Investment Managers.^[6] In 2015, the company launched one of the first global strategies for green bonds and developed a new methodology for measuring the carbon footprints of all Mirova investments.^[7][8]

In 2017, Mirova acquired a majority stake in Althelia, an investment platform dedicated to the sustainable management of natural capital, encompassing both land and marine resources.^[9]

In 2019, the company finalized the acquisition of Mirova Natural Capital, now Mirova UK Ltd (previously known as Althelia Ecosphere),^[10] established Mirova US LLC as a wholly owned subsidiary, and launched a gender diversity equity strategy.^[11]

In 2020, Mirova became a mission-driven company under French law,^[1][2] which involves defining a "raison d'être" and setting social, societal, or environmental objectives beyond profit. For the fourth year in a row, Mirova and its natural capital platform were included in the ImpactAssets 50 ("IA 50") list.^[12][13]

The same year, Mirova earned the B Corp certification.^[14][15] Additionally, Mirova began developing a methodology to analyze the impact of listed investments on biodiversity.^[16]

In 2021, Mirova introduced an impact private equity strategy.^[17][18] The same year, Mirova was acknowledged as "Responsible investor of the year" and received the "Social investing initiative of the year" award.^[19][20] At the same time, the company was named "Real assets manager of the year" and "Renewables fund of the year".^[21]

In 2022, the company acquired SunFunder, a specialist in emerging market clean energy and climate investment based in Nairobi, Kenya.^[22] This acquisition was accompanied by the expansion of the fixed income range with the launch of two new strategies.^[23]

Also, Mirova's equity funds received high ratings from Climetrics, with 11 funds earning a 5-leaf rating in 2022.^[24] The company also ranked highly in the Trophées de la Finance Responsible ^[25] and Grand Prix de la Finance 2022 (H24), including first place in the ESG Favorite Companies category.^[26]

In 2023, Mirova launched its sixth strategy dedicated to energy transition infrastructure, with a fundraising target of up to €2 billion,^[27][28] as well as a second strategy dedicated to sustainable land use.^[29] The same year, Mirova and Robeco launched a market initiative to develop global database of avoided emissions factors and associated company-level avoided emissions.^[30]

Mirova received a special commendation at the Funds Europe Awards in the "European Fixed Income Fund Manager of the Year" category.^[31][32]

• Philippe Zaouati (born 1966), managing director of Mirova