Mirova, officially known as Mirova Funds, is a prominent investment management firm headquartered in France. Established in 2012, Mirova has carved a niche in the sustainable finance sector, focusing on responsible investment strategies that align with environmental, social, and governance (ESG) criteria. With a strong presence across Europe and expanding operations in North America, Mirova is dedicated to promoting sustainable development through its innovative financial solutions. The firm offers a range of core products, including equity and fixed-income funds, all designed to generate positive social and environmental impact alongside financial returns. Mirova's commitment to sustainability has positioned it as a leader in the impact investing space, earning recognition for its pioneering approach to integrating ESG factors into investment decisions. With a growing portfolio and a focus on long-term value creation, Mirova continues to influence the future of responsible investing.
How does Mirova's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Mirova's score of 45 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mirova reported total carbon emissions of approximately 15,454,000 kg CO2e, with no emissions from Scope 1 and 8,432,000 kg CO2e from Scope 2, primarily from purchased electricity. Scope 3 emissions accounted for the majority, at about 15,454,000 kg CO2e, with significant contributions from purchased goods and services (approximately 3,874,000 kg CO2e) and business travel (around 974,100 kg CO2e). Mirova has set ambitious reduction targets, aiming for a 40% reduction in carbon emissions from the shipping sector by 2030, applicable to both Scope 1 and Scope 2 emissions. This commitment reflects their strategy to enhance sustainability within their operations and supply chain. The emissions data is cascaded from Mirova SA, indicating a corporate family relationship that influences their reporting and climate initiatives. Mirova's commitment to reducing emissions aligns with industry standards and reflects a proactive approach to addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 51,000 | 00,000 | 000,000 | - |
| Scope 2 | - | - | - | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 |
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 65% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 25% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Mirova has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.