The company’s Global Equity Impact Fund will manage a portfolio of 35 to 60 stocks aligned with the Sustainable Development Goals
The Edinburgh, Scotland-based investment company’s Global Equity Impact Fund will manage a portfolio of 35 to 60 stocks aligned with the Sustainable Development Goals.
The 2030 goals offer “a common language” to direct impact investing, the company says (see, “SDGs take hold as a universal impact investment framework”).
Materials company Umicore is an example of the types of stocks Standard Live’s impact fund may include.
The Belgian company is focused on electric vehicle batteries, new automotive fuels, and new materials and recycling options for photovoltaics; it also has clear goals and measurement metrics for its environmental impact including reducing CO2 emissions and increasing product sustainability.
Standard Life is part of Aberdeen Standard, which has more than $870 billion in managed assets. The size of the new fund was not disclosed.