Climate Change Data

Incofin Investment Management NV

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Water Consumption:1.5 billion liters

ESG Focus Areas

  • Financial Inclusion
  • Sustainable Agriculture and Nutrition
  • Access to Drinking Water
  • Gender Equity
  • Climate Change Adaptation and Resilience

Environmental Achievements

  • Supported investees in implementing sustainable agricultural practices across 3.8 million hectares.
  • Provided access to clean drinking water to 2.1 million people.
  • Invested USD 550 million in climate-smart activities.

Social Achievements

  • Reached 32 million microentrepreneurs with responsible financial products.
  • Supported 2.5 million smallholder farmers with funding and technical assistance.
  • Invested in initiatives promoting gender equity and women's empowerment.
  • Launched the “Together with Women” workshop for female executives from investee companies.

Governance Achievements

  • Implemented robust ESG and impact management frameworks across all funds.
  • Achieved Article 9 compliance under SFDR.
  • Obtained B Corp certification.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Provide 20 billion liters of safe drinking water to 30 million people by 2030.
Short-term Goals:
  • Achieve complete gender equality by 2025.

Environmental Challenges

  • Climate change impacts disproportionately affecting vulnerable populations.
  • Significant funding gap in climate adaptation for low-income countries.
  • Slow progress towards gender parity.
  • Need for improved data collection and reporting on ESG metrics from investees.
Mitigation Strategies
  • Developed the Incofin Climate-Smart Microfinance Fund (ICMF).
  • Integrated gender and climate lenses into investment processes.
  • Developed tools and methodologies for ESG and impact measurement and management.
  • Active participation in industry initiatives to improve ESG reporting standards.

Supply Chain Management

Responsible Procurement
  • Supporting Fair Trade and sustainably certified producers.

Climate-Related Risks & Opportunities

Physical Risks
  • Climate change impacts on agriculture and water resources.
Opportunities
  • Investing in climate-resilient businesses.

Reporting Standards

Frameworks Used: Impact Frontiers “ABC of Impact”, Impact Management Project (IMP) framework, IRIS+ metrics, UN Sustainable Development Goals (SDGs), SFDR

Certifications: B Corp

UN Sustainable Development Goals

  • Goal 1: No Poverty
  • Goal 2: Zero Hunger
  • Goal 5: Gender Equality
  • Goal 6: Clean Water and Sanitation
  • Goal 8: Decent Work and Economic Growth
  • Goal 13: Climate Action

Incofin's investments contribute to these goals through various initiatives in financial inclusion, sustainable agriculture, and access to clean water.

Awards & Recognition

  • Belgian Asset Manager by Global Banking & Finance Review (4 years)
  • Towards Sustainability Label (4 years)
  • Emeritus Impact Manager in the ImpactAssets 50™ (IA 50)