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Swedfund is reporting on implementation of IFC’s Operating Principles for Impact Management
The nine Principles for Impact Management were developed by International Finance Corporation, IFC, and a group of asset owners, managers and allocators to describe essential features of managing investments into companies or organizations with the intent to contribute to measurable positive social or environmental impact alongside financial returns. The principles are underpinned by five stages – strategy, origination and structuring, portfolio management, exit, and independent verification.
Swedfund was one of sixty investors, the first Swedish investor, who signed on to this set of principles intended to bring greater transparency, credibility, and discipline to the impact investing market in April 2019.
“Swedfund's mission is to fight poverty by investing in sustainable businesses. All our investments should make a positive impact and help achieve Agenda 2030. That is why Swedfund has adopted the Operating Principles for Impact Management”, said Swedfund CEO Maria Håkansson. “The principles help us to harmonise our impact approach with other DFIs and to manage and measure the impact of our investment operations in a systematic way, as well as provide us with a common “impact language” with other investors.
The signatories have committed to disclose annually how they implement the Principles across their portfolios and have their impact management systems independently verified on a regular basis. Swedfund has launched its first report on implementation of the Principles.