New Indosuez Impact Fund Taps into 'Underdeveloped Market'


credit:

"Our world faces a multitude of environmental, social, and societal challenges," an Indosuez spokesperson tells Impact Investor.

"Our world faces a multitude of environmental, social, and societal challenges.

Our clients are increasingly keen to invest in companies running projects with a positive impact on the environment."

Enter Indosuez Funds Impact, a new fund from the 145-year-old Luxembourg-based asset manager that will invest in companies that have a positive social or environmental impact, the Guardian reports.

"Our world faces a multitude of environmental, social, and societal challenges," an Indosuez spokesperson says.

"As a responsible investor, Indosuez Wealth Management keeps strengthening its commitment to responding to these challenges and our impact fund is one of our new tools to do so."

The new fund will focus on investments that contribute to the achievement of UN Sustainable Development Goals, including "Zero Hunger, Health, Quality Education, Affordable and Clean Energy, Sustainable Cities and Communities, Climate Action, Life below Water, Sanitation, Clean Water and Industry Infrastructure, and Responsible Consumption and Production."

The portfolio will be made up of at least 80% shares in international companies (including emerging countries up to a limit of 10%) that have a positive and measurable social or environmental impact.

The new fund will

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Funding Available for Projects Advancing Conservation
Foundation: Foundation for Appalachian Ohio

The Foundation for Appalachian Ohio is offering scholarships, fellowships, research, and innovation in the areas of conservation and environmental stewardship thanks to a $5 million donation from...more

Springfield Foundation Accepting Grant Applications for Community Solutions
Foundation: Springfield Foundation

The Springfield Foundation is accepting applications for its annual competitive grants program. Nonprofit organizations that work to address community issues in the areas of Arts & Culture, Civic...more

Help for Nonprofits Serving Those Impacted by Key Bridge Collapse
Foundation: Baltimore Community Foundation

More than a month after the Key Bridge collapsed in Baltimore, killing six people and injuring dozens more, the Baltimore Community Foundation has released $15.7 million in grants to help people...more

Pccf Announces Mental Health, Substance Use Request for Info
Foundation: Putnam County Community Foundation

"We've learned, more than anything, that we are not the experts," says Neysa Meyer, executive director of the Putnam County Community Foundation. That's why the foundation is offering $250,000 in...more

Dr. Hamis Kiggundu: From Entrepreneur to Global Leader €“ An Inspiring Journey

Hamis Kiggundu's journey from "humble beginnings" in Uganda to "be a global icon in business and philanthropy" has just taken him to a new level. The European International University in Paris...more

Serena Silcock-Prince 'On Cloud 9' after Being Honoured at 2024 Merseyside Women Of The ...

The UK's Merseyside Women of the Year Awards are honoring women who've made a difference in their communities, and this year's winner is no exception. Serena Silcock-Prince is the operations...more

Unintentional Entrepreneur Helps Local Business Owners Succeed

Linda Nottingham's path to entrepreneurship wasn't a typical one. After working as a social worker in California and teaching children in Arizona, the then-37-year-old divorced mother of two...more

Blurring the Line between Work and Life: How Dylan Huey, an Entrepreneur and Influencer ...

"If you come here at 7am, you will catch me sitting on my bed, staring at my phone for 30 minutes looking at friends' Instagram stories." That's how the Los Angeles Times describes Dylan Huey, a...more

Lawsuit against Sf'S Homeless Sweeps Will Continue Despite Grants Pass Case

The Supreme Court may have struck down a lower court ruling protecting the civil rights of the homeless in California, but that doesn't mean the ACLU's lawsuit against the city of San Francisco...more

Vegas Golden Knights Foundation Awards $300,000 to Charities in Las Vegas Valley

The Las Vegas Golden Knights won the Stanley Cup last month, and the team's foundation is doing its part to make sure that trophy doesn't end up in the wrong hands. The VGK Foundation has...more







Social Entrepreneurship
Spotlight



Influencing Social Good Through Retail


When Hannah Davis   traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders