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. Sarona Asset Management Inc
  8. The Osiris Group
  9. VentureWave Capital Ltd.
  10. Japan International Cooperation Agency
  11. Egyptian-American Enterprise Fund
  12. Albright Capital Management LLC
  13. UOB Venture Management Private Limited
  14. Triple Jump
  15. Development Partners International LLP
  16. INOKS Capital SA
  17. FullCycle
  18. The Private Infrastructure Development Group Ltd. 
  19. Developing World Markets
  20. DWS Group GmbH & Co. KGaA
  21. Earth Capital
  22. BlackRock, Inc.
  23. Prorsum Capital 
  24. Mountain Nazca
  25. SEAF
  26. Trill Impact AB
  27. Multilateral Investment Guarantee Agency 

 

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