Mirova has added two sustainable bond funds to its strategy, both of which are aligned with a 2°C climate scenario.
The Natixis Investment Managers subsidiary has launched the Mirova Euro High Yield Sustainable Bond Fund and the Mirova Euro Short Term Sustainable Bond Fund to invest in both green and social bonds from all types of issuers and in conventional corporate bonds that contribute to the energy transition.
Hervé Guez (pictured), CIO of equity and fixed income and social impact at Mirova, said: “Today, more than ever, we must give priority to financing that contributes to environmental and social development. 2022 has unfortunately shown us that the problem of energy dependence must be addressed as quickly as possible and integrated into a longer-term energy transition plan.”
The funds, which are classified as Article 9 under SFDR, invest using proprietary analysis assessed according to its level of compliance with the United Nations Sustainable Development Goals. Then, using the credit analysis integrated into the bond management team, managers combine in-depth fundamental and valuation assessments.