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LuxFLAG awards Mirova’s Impact Life Essentials SLP the Social Impact Label – one of the first funds to receive this recognition
LuxFLAG is pleased to announce that the financial product Mirova Impact Life Essentials SLP1, managed by Mirova, an affiliate of Natixis Investment Managers dedicated to responsible investment, has been granted the use of the LuxFLAG Social Impact Label under the Applicant Fund Status – a category specifically designed for newly launched investment funds that have not yet begun deploying capital, or have done so only to a limited extent. This status acknowledges the fund’s strong alignment with best market practices in terms of investment policies and procedures, and its clear intention to deliver measurable and meaningful social outcomes.
As one of the very first funds to carry the LuxFLAG Social Impact Label, Mirova Impact Life Essentials SLP is a pioneering example of how capital can be mobilized to support the growth of unlisted European companies contributing to societal transition. The fund’s mission is fully aligned with the core objectives of the Label: to support investment products that actively contribute to improved living standards, decent work, and inclusive, sustainable communities – while maintaining transparency, robust social safeguards, and a commitment to positive impact.
“At LuxFLAG, we believe that responsible finance has the power to transform communities and lives,” said Isabelle Delas, CEO of LuxFLAG. “The Social Impact Label underscores our commitment to measured and managed positive change for the people. We are proud to recognize Mirova Impact Life Essentials SLP as one of the pioneers of this new LuxFLAG Label.”
A mission-led company2 and BCorp™3, certified, Mirova develops innovative investment solutions across all asset classes with the goal of combining long-term value creation and positive environmental and social impact. Today, Mirova is a key player in social impact investing in France, through listed strategies, real assets, and philanthropic initiatives via the Mirova Foundation endowment fund.
“The Social Impact Label awarded by LuxFLAG is a strong endorsement of our ambition to create tangible and lasting social value,” said Marc Romano, Head of Impact Private Equity at Mirova. “Through Mirova Impact Life Essentials SLP, we are looking to combine financial returns with positive impact by addressing three major societal challenges: health and well-being, responsible consumption and lifestyles, and access to education and knowledge.”
The launch of the LuxFLAG Social Impact Label in early 2025 marks a major step forward in recognizing investment products that go beyond financial performance to deliver positive, measured, and managed social outcomes.
With this joint milestone, LuxFLAG and Mirova reaffirm their shared commitment to advancing responsible finance and scaling investments that make a real difference in people’s lives.
References to any ranking, award, or label do not guarantee future results for the fund or the manager.
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1Mirova Impact Life Essentials (MILE) is a French-law Special Limited Partnership (SLP) (Professional Specialized Fund, AIF) composed of several distinct compartments and open to subscription by eligible investors as defined in its regulations. Mirova is the management company. This fund is not subject to approval by a supervisory authority. The fund is notably exposed to the following risks: capital loss, discretionary management, valuation, counterparty, liquidity, sustainability, country, operational, regulatory, currency, credit, exchange rate, interest rate, investment strategy, sustainability, and tax risks.
2Article 176 of the French law of 22 May 2019 on business growth and transformation, known as the Pacte Law, introduced the concept of a “mission-driven company.” It allows a company to publicly declare its mission-driven status by specifying its purpose (raison d’être) and one or more social and environmental objectives that it commits to pursuing as part of its business activity.
3Since 2006, the B Corp movement has promoted strong values of change around the world, aiming to make business a “force for good” and to recognize companies that reconcile profit with public interest. The goal of B Corp certification is to distinguish companies that integrate social, societal, and environmental objectives into their business model and operations. More information available here.
