One year after becoming first-adopters of the Operating Principles for Impact Management, EDFI and its members are strengthening their commitment to invest for positive social and environmental impact.
The Principles, adopted in April 2019, provide an international market standard for impact investing. The 100+ signatories have emerged as a global network developing and exchanging best practices for impact investment. They are notably working to advance their impact management systems and transparency in impact reporting.
As part of their commitment, signatories must annually disclose the alignment of their impact management systems with the Principles. The EDFI Management Company (EDFI MC), a subsidiary of EDFI, is therefore disclosing for the first time an overview of the degree of its facilities’ alignment with the Principles. The disclosure statement, verified by independent and certified firm Tideline, affirms that EDFI MC’s core client business, including (a) impact management systems; (b) policies and practices; and (c) investment services (including debt, equity, and blended finance instruments, are managed in alignment with the Principles. To date, EDFI MC applies to the Principles to investment facilities with funding amounting to EUR 244 million, representing 100% of the company’s portfolio as of June 2020.
“We are delighted to see the Impact Principles bringing more rigour to the impact investing sector. EDFI and its members have been at the forefront of this effort and will continue contribute to deepening industry standards in this area. These efforts will definitely have a positive impact in emerging markets where the need for decent jobs, and more inclusive and sustainable growth is more critical than ever,” said Soren Peter Andreasen, CEO of EDFI.
EDFI MC DISCLOSURE STATEMENT