MIMCO AM announces the SRI label for its new MIMCO Green Value fund
With the award of the SRI label for its new MIMCO Green Value fund, MIMCO Asset Management has reached a new milestone in its responsible real estate approach. This means that 100% of the funds managed by MIMCO AM have been awarded the SRI label.
This labeling is part of the MIMCO group’s strategy to offer ever more innovative and sustainable investment solutions, while considering regulatory changes and responding to the growing interest of investors in responsible offerings.
“We are pleased to receive this award once again, which consolidates our approach to applying the principles of sustainable development to real estate investment. As a committed financial player aware of the issues related to climate change, we are proud to contribute and promote, alongside our fellow players, the development of a more resilient and virtuous real estate sector”, explains Ara Adjennian, Managing Director and Partner of MIMCO AM.
Christophe Nadal, co-founder and Chairman of MIMCO AM, comments: “By obtaining the SRI label, we wish to make an effort to offer an environmental, social and governance performance to the assets of our fund that is well above the standards required in our reference universe which is real estate. Through the implementation and monitoring of extra-financial indicators defined according to the fund’s strategy, we aim to deliver assets that contribute to the energy transition and meet new social, regulatory and market needs.”
As a reminder, the SRI label is aimed at real estate investment funds and aims to provide investors with greater visibility on the investment solutions of labeled funds as well as a guarantee of greater transparency from management companies. With the most demanding specifications leading to measurable and concrete results, it is a reference label in Europe.