The social mission of ACTIAM's private debt Impact Investing solutions is to create value for our clients, for the investees and for society by developing, promoting and/or distributing impact investment solutions. Our social target with regards to financial inclusion activities is to improve access to responsible financial services for micro entrepreneurs and SME companies excluded from or restricted in their access to traditional banks. We try to do this through the following commitments:
Microfinance:
(a) Responsibly increase the size of MFIs’ microfinance loan book, supporting their growth ambitions helping them to expand product lines, manage currency risk, and enhance their capital structure
(b) Enable the MFIs to extend the maturity profile and the average maturity of their funding, in order to help mitigate potential refunding risks
(c) Raise the visibility of microfinance among mainstream investors
(d) Familiarize MFIs with more sophisticated financing techniques, promoting professionalization of the Treasury function within the MFI industry
SME Finance
(a) Responsibly increase the size of SME loans through investments in financial institutions in emerging and developing markets, helping them to expand product lines, manage currency risk, and enhance their capital structure
(b) Raise the visibility of SME finance among mainstream investors
(c) Promote the professionalization of the financial institutions with regard to SME finance, including social and environmental performance
The variable remuneration of the Impact Investing team members depends on financial (e.g. AuM), commercial (e.g. client satisfaction), risk (e.g. number of non-in-control events) and social (e.g. PRI score))