Novethic has been selected by the French Ministry of the Environment, Energy and Marine Affairs as an auditor of the French Label for the Energy and Ecological Transition. Launched in late 2015, this certification is awarded to investments focused on financing the ecological and energy transition. From the standpoint of investors, this green certification ensures the transparency and quality of the environmental characteristics of the financial products in question, confirmed through an audit by an independent third-party expert.
The Allianz Green Bonds fund was launched in 2015. Its environmental strategy is to invest mainly in the green bonds of companies engaged in a transition towards a less carbon-intensive business model. Allianz GI has developed its own eligibility grid and monitors environmental KPIs according to the projects financed by the green bonds in the portfolio.
Launched in early 2018, BRIDGE IV SENIOR is a Luxembourg based SICAV SIF structure managed by Edmond de Rothschild Asset Management. The fund will be investing with a further focus on Energy and Ecological Transition in all sub sectors of infrastructure in the EU and EA. It is reserved exclusively for professional investors.
The FMET fund aims to build a diversified portfolio of equity investments in companies to finance projects or infrastructure in the low-carbon public transport sector. The targeted amount of the fund's investment portfolio is €200m.
The NN Euro Green Bond fund was launched in March 2016 and intends to address climate change by participating in the transition to more sustainable investments. The strategy aims to ensure that the investments are truly green.For this purpose NN IP has developed its own in-house eligibility framework to assess the greenness of the bonds and use of proceeds. The fund manager also engages directly with issuers to foster best practices in terms of projects and reporting. The fund is actively managed with a focus on bond selection and performance.Learn more about this fund (in french)
The fund SCOR Infrastructure Loans III is a «Fonds Commun de Titrisation (FCT) » launched in early 2018. It invests in long-term debt aiming to fund infrastructure projects in support of the energy transition (for instance renewable energy, rail transport, energy recovery). The fund is exclusively reserved to professional investors.Learn more about this fund (in french)
The New Energy Investors Fund (NEF) III is a private equity fund managed by Impax Asset Management, a British pioneer in the field of green investments. The fund aims to invest €500m in 10 to 15 renewable energy projects in Europe. The fund is exclusively reserved to professional investors.
The fund CM-CIC Green Bonds, created in June 2017, is intended for a broad customer base keen to take action on improving the quality of the environment.
It provides investors with an access to the rapidly growing green bonds market. CM-CIC AM has defined its own analysis model integrating ESG criteria, to ensure a selection in accordance with the “Green Bonds Principles”.
InfraGreen III invests in equity or quasi equity in infrastructures’ assets which aim at creating savings in the use of natural resources and particularly the production of renewable energies in France and all of the European Economic Area.
RGreen Invest had already been awarded this label for its second fund InfraGreen II in 2016.
Supported by the European Investment Bank (EIB), the fund Eiffel Energy Transition is dedicated to fund the green economy.
In particular, it intends to fill a finance gap. The approval of long-term loans requires time and puts project developers at financial risks as the project development is highly capital-intensive. The fund provides these project developers a short term loan in order to bridge the time until he receives a long-term project funding.
The AXA WF Planet Bonds fund has been launched end of 2015. It is mainly invested in Green Bonds.
The investment approach of AXA IM is a combination of several steps: a qualitative environment assessment for each project, an ESG analysis of the issuer and, eventually, an evaluation of the financial characteristics of the bond.
Humanis Gestion d'Actifs’ HGA Obligations Vertes SRI fund invests in bonds from European local authorities and businesses with strong green credentials.
The fund assesses the environmental impact of its investments, with a particular emphasis on CO2 avoidance and reduction.
On 28 June, RGreen Invest was awarded TEEC certification for its second InfraGreen II fund, which invests in renewable infrastructure.
Novethic’s auditors found that RGreen Invest was making a positive contribution to climate change and energy and ecological transition objectives.
Sycomore Eco Solutions received the first French Label for the Energy and Ecological Transition label awarded by Novethic on 17th May.
This European equity fund invests in companies whose business model, products, services or production processes are linked to the energy transition. It invests in ecological industries and companies that have already started their transition.