Natixis supports worldwide efforts to promote energy transition and provides very real financing and investment solutions that contribute to meeting the goals set out in the Paris Agreement. In keeping with this aim, Mirova, an affiliate of Natixis Investment Managers, has announced that it has successfully reduced its carbon footprint on its consolidated equities portfolio under the 2°C threshold.
Natixis, a key contributor to energy transition financing
Natixis is strongly committed to financing energy transition and strives to act responsibly in managing the direct environmental footprint of its businesses worldwide, offering an array of expertise to address the full range of challenges raised by the low carbon economy:
- Renewable energy financing;
- Supporting energy performance and promoting sustainable infrastructure;
- Fostering the development of green bonds and social bonds worldwide;
- Developing and making available innovative and transformative methodologies;
- Ending financing for the coal industry, Arctic oil projects and oil extracted from tar sands worldwide;
- Responsibly managing the direct environmental impact of its businesses.
The Paris Agreement was signed during the COP 21 (21st yearly session of the Conference of the Parties) in December 2015. Its central aim is to keep the global temperature rise between 1.5° and 2°C above pre-industrial levels.
Global warming: Mirova dips under the 2°C threshold
Mirova has reduced the carbon footprint on its consolidated equities portfolio from 3.5°C to 1.7°C in just over two years. Mirova is now within the 2°C trajectory across all asset classes as defined by the international community in the Paris Agreement and highlighted in 2015 at COP 21 (United Nations Climate Change Conference) in Paris.
“In order to decrease the carbon footprint of our portfolios, we looked for values that were present all along the value chain of renewable energies and energy efficiency, as well as listed mid-sized companies not represented in the indexes. These efforts demonstrate our willingness and ability to meet our commitments and to offer our clients solutions that bring together a strong focus on environmental and social impact along with high performance” explained Hervé Guez, Global Head of Research and CIO of Equities & Fixed Income at Mirova.