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
  19. The Private Infrastructure Development Group Ltd. 
  20. Developing World Markets

 

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. Developing World Markets
  24. Development Bank of Latin America (CAF)
  25. Development Partners International LLP
  26. Egyptian-American Enterprise Fund
  27. European Bank for Reconstruction and Development (EBRD)
  28. European Development Finance Institutions (EDFI)
  29. European Investment Bank (EIB)
  30. Finance in Motion
  31. FinDev Canada
  32. Finnfund
  33. Flat World Partners
  34. FMO – the Netherlands Development Finance Company
  35. FullCycle
  36. IDB Invest, Member of the Inter-American Development Bank Group
  37. IFC
  38. IFC Asset Management Company (AMC)
  39. IFU – Investment Fund for Developing Countries
  40. Incofin Investment Management
  41. INOKS Capital SA
  42. Investing for Development SICAV
  43. Investisseurs & Partenaires – I&P
  44. Islamic Corporation for the Development of the Private Sector (ICD, Member of IsDB Group)
  45. Japan International Cooperation Agency
  46. Kohlberg Kravis Roberts & Co.
  47. LeapFrog Investments
  48. LGT Impact Investment Advisors UK
  49. LGT Venture Philanthropy Foundation
  50. MicroVest Capital Management
  51. Norfund
  52. Neuberger Berman
  53. Nuveen, a TIAA Company
  54. Obviam
  55. Oesterreichische Entwicklungsbank AG (OeEB)
  56. Origin Capital
  57. Overseas Private Investment Corporation (OPIC)
  58. Partners Group
  59. Phatisa Group Limited
  60. Proparco
  61. Prudential Financial, Inc., Impact Investments Group
  62. The Private Infrastructure Development Group Ltd. (PIDG)
  63. responsAbility Investments
  64. Sarona Asset Management Inc.
  65. STOA Infra & Energy
  66. Swedfund
  67. Swiss Investment Fund for Emerging Markets (SIFEM)
  68. Symbiotics S.A.
  69. The Osiris Group
  70. The Rise Fund
  71. The Rock Creek Group
  72. Triple Jump
  73. UBS Group
  74. UOB Venture Management Private Limited
  75. VentureWave Capital Ltd.
  76. Water.org
  77. WaterEquity
  78. Zurich Insurance Group