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 
  28. Foundation Corporation Holdings
  29. Impact Bridge S.A
  30. Franklin Templeton Social Infrastructure Fund
  31. TriLinc Global, LLC
  32. Mirova
  33. Adenia Partners

 

ALL SIGNATORIES

See the full list of Signatories to the Principles:

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