Operating Principles for Impact Management

What is impact investing?

OVERVIEW

Impact investing can be defined as “investments made into companies or organizations with the intent to contribute to measurable positive social or environmental impact, alongside financial returns.”

Investors are increasingly looking to invest with impact, with a growing number of investors adopting the Sustainable Development Goals (SDGs) as a reference point to illustrate the relationship between their investments and impact goals. Despite the growth in the impact investing market in recent years, the lack of a common standard for what constitutes impact created confusion for investors.  In response, IFC led the initiative to create a framework for impact investing – one that is focused on ensuring that impact considerations are purposefully integrated throughout the investment lifecycle. This initiative drew on the expertise and experiences of IFC and of leading asset owners, asset managers, and other key market participants. By providing greater discipline and transparency in impact investing, IFC and the other Signatories intended to foster increased mobilization of capital for impact and a high standard for the social and environmental impact that these funds could achieve.

On April 12, 2019, 60 global investors came together to launch the Principles at the World Bank Group (WBG)–International Monetary Fund (IMF) Spring Meetings in Washington, D.C. These First Adopters became the initial investors committing to manage their impact assets in accordance with the Principles. Investor interest continues to grow since the launch, with more organizations stepping up to become Signatories. 

NEW SIGNATORIES

Since the launch of the Principles, we are pleased to welcome the following organizations as Signatories:

  1. Symbiotics S.A.
  2. Neuberger Berman
  3. Christian Super
  4. Denham International Power GPLP SCSp
  5. Finance in Motion
  6. Investing for Development SICAV
  7. Origin Capital
  8. Sarona Asset Management Inc
  9. The Osiris Group
  10. VentureWave Capital Ltd.
  11. Japan International Cooperation Agency
  12. Egyptian-American Enterprise Fund
  13. Albright Capital Management LLC
  14. UOB Venture Management Private Limited
  15. Triple Jump
  16. Development Partners International LLP
  17. INOKS Capital SA
  18. FullCycle

 

ALL SIGNATORIES

See the full list of Signatories to the Principles:

  1. Actis
  2. Acumen Capital Partners
  3. Albright Capital Management LLC
  4. AlphaMundi Group
  5. Amundi
  6. AXA Investment Managers
  7. Belgian Investment Company for Developing Countries (BIO)
  8. Blue like an Orange Sustainable Capital
  9. BlueOrchard Finance
  10. BNP Paribas Asset Management
  11. Calvert Impact Capital
  12. Capria Ventures
  13. Cardano Development (ILX Fund and TCX)
  14. CDC Group
  15. CDP – Cassa Depositi e Prestiti
  16. Christian Super
  17. COFIDES
  18. Community Investment Management (CIM)
  19. Cordiant Capital
  20. Credit Suisse
  21. DEG – Deutsche Entwicklungsund Investitionsgesellschaft mbH
  22. Denham International Power GPLP SCSp
  23. Development Bank of Latin America (CAF)
  24. Development Partners International LLP
  25. Egyptian-American Enterprise Fund
  26. European Bank for Reconstruction and Development (EBRD)
  27. European Development Finance Institutions (EDFI)
  28. European Investment Bank (EIB)
  29. Finance in Motion
  30. FinDev Canada
  31. Finnfund
  32. Flat World Partners
  33. FMO – the Netherlands Development Finance Company
  34. FullCycle
  35. IDB Invest, Member of the Inter-American Development Bank Group
  36. IFC
  37. IFC Asset Management Company (AMC)
  38. IFU – Investment Fund for Developing Countries
  39. Incofin Investment Management
  40. INOKS Capital SA
  41. Investing for Development SICAV
  42. Investisseurs & Partenaires – I&P
  43. Islamic Corporation for the Development of the Private Sector (ICD, Member of IsDB Group)
  44. Japan International Cooperation Agency
  45. Kohlberg Kravis Roberts & Co.
  46. LeapFrog Investments
  47. LGT Impact Investment Advisors UK
  48. LGT Venture Philanthropy Foundation
  49. MicroVest Capital Management
  50. Norfund
  51. Neuberger Berman
  52. Nuveen, a TIAA Company
  53. Obviam
  54. Oesterreichische Entwicklungsbank AG (OeEB)
  55. Origin Capital
  56. Overseas Private Investment Corporation (OPIC)
  57. Partners Group
  58. Phatisa Group Limited
  59. Proparco
  60. Prudential Financial, Inc., Impact Investments Group
  61. responsAbility Investments
  62. Sarona Asset Management Inc.
  63. STOA Infra & Energy
  64. Swedfund
  65. Swiss Investment Fund for Emerging Markets (SIFEM)
  66. Symbiotics S.A.
  67. The Osiris Group
  68. The Rise Fund
  69. The Rock Creek Group
  70. Triple Jump
  71. UBS Group
  72. UOB Venture Management Private Limited
  73. VentureWave Capital Ltd.
  74. Water.org
  75. WaterEquity
  76. Zurich Insurance Group