Schroders Capital is entrusted with a portfolio of 100 million euros by the German insurance company Barmenia, which includes a mix of assets.
The portfolio, which will be classified in Article 9 in accordance with the European Union SFDR regulations, will consist of investments in sustainable infrastructure and climate change risk insurance. The “core” of the portfolio will be the sustainability targets, which will be enhanced by investments in two funds, managed by the impact investor BlueOrchard, a member of the Schroders Group.
The mandate will, among other things, contribute to the efficiency and fulfillment of some of the United Nations Sustainable Development Goals (SBAs). Specifically, out of a total of 17 SBAs, this mandate targets the following: No. 6 (Clean Water and Sewerage), No. 7 (Economic and Clean Energy), No. 9 (Industry, Innovation and Infrastructure), No. 11 (Sustainable Cities and Communities) ), No. 12 (Responsible Consumption and Production) and No. 13 (Climate Action).
The portfolio investment is expected to be completed within the next 36 months.
THE Andreas Eurich“We support sustainability with determination. This interest translates into financing innovation and long-term investment in sustainable financial markets. We are very proud to have achieved another milestone in our commitment to sustainability,” he said. with our first impact order of this kind “.
THE Georg WunderlinSchroders Capital, Global Head of Private Assets, commented: “We are delighted that Barmenia has trusted us as we strive to support its efforts to make the German economy viable. Schroders Capital intends to invest in companies that make a positive contribution to climate change. With our multi-asset platform, not only do we offer a differentiated approach, but we can also provide personalized solutions to our clients.
Schroders Capital’s mission is to develop sustainable solutions for clients that utilize a wide range of private market strategies, managed by our specialist teams with long experience. At the same time, with in-depth know-how in private equity and infrastructure, BlueOrchard specializes in the impact, with more than 20 years of experience, that will be utilized for this mandate. We are pleased to demonstrate once again our expertise. ”
THE Carola Schroedera member of the Barmenia Management Board, commented on the collaboration with Schroders Capital, saying: “Sustainability is an important part of our business and corporate culture. We want to contribute to sustainable investment, so that the transformation into an environmentally friendly economy With this investment, we are proving once again that sustainability does not work at the expense of returns. “Schroders Capital is a partner that can support us in achieving our goals with its impact investment experience.”
THE Maria Teresa ZappiaHead of Sustainability and Impact at Schroders Capital, Chief Impact & Blended Finance Officer, Deputy CEO of BlueOrchard, added: “The design of this mandate goes far beyond sustainability and impact as a prerequisite for regulatory character. We have created a portfolio that looks at sustainability and impact on different assets and asset categories, pursuing both social and environmental goals that focus on people and the planet. Measuring and managing positive change is at the heart of our collective efforts. to actively integrate sustainability and impact into this private market portfolio. ”
Regarding the importance of investments in sustainability actions, the Head of Greece, Cyprus and Malta was appointed, Dimitris Batzis during his recent speech at the Delphi Economic Forum:
“As a global asset manager, our role is to really change the culture of companies and investors, not just in ESG, but in the rest of the investment. If we want to ensure sustainable investment, we need everything with us. “Stakeholders, from customers and regulators, to shareholders and employees. Under these conditions, a company will be realistically led to long-term performance that will have a positive impact on society.”
Source: Capital
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