Discover the investment funds that have obtained the Greenfin label with Novethic, the leading expert in the assessment of sustainable and green finance practices.
Created by the Ministry of Ecological and Solidarity Transition, the Greenfin label guarantees the green quality of investment funds.
ECOFI AGIR POUR LE CLIMAT
Ecofi Agir pour le Climat is a multi-asset fund invested in at least 60% in shares of European companies and up to 26,25% in green bonds issued by governments or companies located in Europe. Since late 2018, its environmental strategy has been focusing on financing the energy and environmental transition through a value selection process that prioritizes issuers within the field of eco-activities.
LYXOR GREEN BOND (DR) UCITS ETF
LYXOR INTERNATIONAL AM
Launched in 2017, the Lyxor Green Bond (DR) UCITS ETF offers investors exposure to the investment grade green bond market. The fund seeks to replicate the performance of the EUR USD IG Index Solactive Green Bond index, which is composed of green bonds issued by supranational issuers, governments, public authorities, development banks and companies. It was the first ETF to obtain the TEEC label.
PEARL INFRASTRUCTURE CAPITAL
EDMOND DE ROTHSCHILD PRIVATE EQUITY
PEARL Infrastructure Capital is a newly launched private equity fund. It aims to provide external financing adapted to internal environmental infrastructures of industrial counterparts or municipalities. All invested assets will generate environmental added value in terms of renewable energy, waste recovery and water management.
HSBC EUROPE EQUITY GREEN TRANSITION
HSBC GLOBAL AM
The HSBC Europe Equity Green Transition fund was launched in 2018. It favors companies whose strategies promote long-term transformation of the energy and environmental model, and more generally promote energy transition. Its portfolio is composed of European equities (medium and large capitalisations) which allow and will allow the decarbonization of the economy.
ZENCAP ENERGY TRANSITION DEBT III
The Zencap Energy Transition Debt III fund was launched in 2018. With this third senior infrastructure debt fund, ZencapAM wants to highlight its contribution to the financing of the energy transition in Europe. It will mainly participate in the development of renewable energy projects.
ALLIANZ GREEN BOND
ALLIANZ GLOBAL INVESTORS
The Allianz Green Bond 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.
BRIDGE IV SENIOR
EDMOND DE ROTHSCHILD AM
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 (Fonds de Modernisation Ecologique des Transports) 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.
NN GREEN BONDS
NN INVESTMENT PARTNERS
The NN Green Bonds 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.
SCOR INFRASTRUCTURE LOANS III
SCOR INVESTMENT PARTNERS
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.
NEW ENERGY INVESTORS FUND III
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.
CM-CIC GREEN BONDS
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 renewable energy infrastructures located in France and all of the European Economic Area. InfraGreen III aims at having a positive environmental impact while contributing to the energy transition. RGreen Invest had already been awarded the TEEC label for its second fund InfraGreen II in 2016.
EIFFEL ENERGY TRANSITION
EIFFEL INVESTMENT GROUP
Supported by the European Investment Bank (EIB), the fund Eiffel Energy Transition is dedicated to fund the green economy. More specifically, 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.
AXA WF GLOBAL GREEN BONDS
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.
HGA OBLIGATIONS VERTES ISR
HUMANIS GESTION D'ACTIFS
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 June 28, 2016, RGreen Invest was awarded the 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
Sycomore Eco Solutions received the first French Label for the Energy and Ecological Transition (TEEC label), awarded by Novethic on the 17th of May 2016. 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.