Mirova is a global asset management company dedicated to sustainable investment and an affiliate of Natixis Investment Managers. As of September 30, 2023, Mirova and its affiliates manage €28.4 billion. The company is a mission-driven company, labeled B Corp.[1][2]
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]
