Impact investing

Creating positive impact through Impact Investing 

We are actively committed to a sustainable and inclusive future through impact investing. Impact investments play a crucial role and are defined by us as investing with the intention of achieving demonstrable social and environmental benefits in addition to financial returns. Our Impact Investing Framework complements our Responsible Investment Policy by focusing specifically on how we want to create positive impact. We deliberately allocate capital to achieve measurable positive change in the areas of climate, nature, health, and human rights.  

Impact Framework

Our Impact Framework describes the criteria that investments must meet in order to qualify as impact investments and explains our approach and focus. In this way, we help our clients contribute to global sustainability challenges. 

Our approach to impact investing is based on five principles that form the basis for all impact investment decisions: 

1. Intentionality: all investments must have a credible Theory of Change (ToC) to ensure intentionality, clearly setting out how the investment will create positive social or environmental outcomes. 
   
   
2. Measurability: outcomes and impacts must be tracked using clear Key Performance Indicators (KPIs) to ensure transparency and accountability.  
   
   
3. No significant harm: all investments must avoid causing significant harm to the environment or society.
   
   
4. Positive contribution: all investments must make a meaningful and positive contribution to one or more of our impact objectives, as defined for each of our focus themes.  
   
   
5. Financial returns at market-competitive levels: although positive impact is the defining feature of our approach, we also strive to deliver competitive financial returns to fulfill our fiduciary responsibility to our clients.

Since 2018, we have been setting clear objectives, including our current ambition to allocate 10% of our assets under management to impact investments by 2027.