Manifesto for impact finance

Innpact’s Code of Ethics
2024

Our Engagement

Impact finance has been at the heart of Innpact since its creation in 2007, when, as the Co-Founders of Innpact and later with our team of highly experienced and dedicated colleagues, we decided to use our expertise to serve the nascent impact finance market and to support innovative enterprises in order to create a world where social and environmental initiatives are sustainable.

Innpact carries out its activities by respecting and promoting the highest ethical and business conduct standards. Our Theory of Change illustrates how we use business as a force for good, along the principles we are following as a B Corp.

At Innpact, we empower impact finance actors to create positive social and environmental change through professional and independent impact investment solutions. Our tailored fund structuring and management services help impact funds and their investment managers thrive by addressing their unique challenges and unlocking their potential.

Our objective is to foster a robust and dynamic ecosystem of diverse investment channels that fuel global and impactful initiatives to reach the UN Sustainable Development Goals (SDGs). Since 2007, we’ve led the impact industry, building a legacy of expertise, trust, and innovative financing solutions to shape a more regenerative economy. We openly and practically share this experience to strengthen the impact finance ecosystem, attract investors and increase capital mobilisation for impact initiatives addressing the SDGs.

Partnership drives us. We build lasting relationships with our partners, sharing our knowledge and tools to amplify their impact. As Authorised AIFM, Governance Advisor or Impact Officer, we go beyond service provision and become a trusted extension of their teams. By solving the practical burdens of managing an impact fund, we allow our partners to focus on what they do best : finding transformative impact projects and attracting long term investors.

As a B Corp since 2015, we are a team-owned and mission driven company. We commit to maximising the positive power of finance: a measurable and intentional impact alongside a financial return. Impact is the starting point and driver of all our projects. We embed robust impact measurement and management principles in every structure we support.

Additionality and innovation defines us. Also, when we see gaps in the impact finance ecosystem, we don’t just stand by—we act. Collaborating with other like-minded impact pioneers, we initiate new ventures that address unmet needs and drive systemic progress.

This Code of Ethics recalls the company’s Vision, Mission and Values as well as our Theory of Change and provides for the main ethical and business principles to which we are committed. Our Code of Conduct is an additional document which provides detailed guidance and rules regarding the way our company, its management and its employees should conduct business.

The Co-Founding Partners, on behalf of the Innpact team.

Our partners

Contact now

Patrick Goodman
Co-Founding Partner
patrick.goodman@innpact.com

Arnaud Gillin
Co-Founding Partner
arnaud.gillin@innpact.com

Our Vision, Mission, and Values – What we believe in

Our Vision

is a world where social and environmental initiatives are sustainable.

We seek an optimal balance between environmental, social and financial sustainability. Because impact finance supports innovative business models that address social and/or environmental issues disproportionately affecting the base of the pyramid, we believe that impact finance has a key role to play in realising this vision.

We strive to achieve this vision by leveraging our human capital, expertise and knowledge to mobilise impact capital, advise projects generating measurable social and environmental impact as well as financial returns and thereby contributing to create a shared and sustainable prosperity for all.

Our Mission

is to foster sustainable impact finance initiatives by providing innovative advisory, consulting and management services.

We truly believe in impact investing as a unique opportunity to support innovative and sustainable business models aiming at solving social and environmental issues.

Our Values

We believe in the following Values, as reflected in our Theory of Change, which guide us in our daily business, as well as in the way we select our team members, business partners, and suppliers, and in our interactions with all stakeholders.

Partnership

Together we go further.

Sustainability

Creating equitable
development that lasts.

Reliability

Keeping our promises.

Respect

Treating people right.

Innovation

Finding new ways to
get things done.

Partnership - Together, we go further.

We consider our team members, our clients, service providers, policy makers and all actors in the impact ecosystem as partners. With all of them, we aim to build true alliances that will last, acting as a team of like-minded human beings and institutions that share respect for the environment, for individuals and for society as a whole, and leveraging on synergies rather than competing, to achieve a more equitable prosperity for all.

We partner for the realisation of all the United Nations Sustainable Development Goals (SDGs) without focusing on sectors or geographies; whether we advise large or small projects, our focus is on the measurable impact they intend to create. We want to facilitate a community of businesses that operate in the spirit of cooperation as well as ethical and fair competition. We believe that business is a force for collective good.

Sustainability - Creating equitable development that lasts.

We use our expertise to enable and help scale initiatives that aim to solve social and environmental issues ; with this we enable our business partners to structure sustainable activities which maximise positive impact for all stakeholders, while minimising negative impact and we endeavour to inspire our business partners to do the same along the entire value chain. We expect from ourselves no less than what we expect from our business partners, therefore sustainability is also at the core of our business management strategy. We are committed to reducing our footprint on the environment and to maintaining a sustainable working environment for our team members.

Reliability - Keeping our promises.

We believe that fair competition, professionalism, and integrity create a trustworthy relationship with our business partners and all our stakeholders. Business partners can rely on our team’s skills and expertise to deliver solutions to their challenges and help transform them into opportunities for an increased intended impact. Our team members can rely on Innpact’s commitment to go beyond complying with labour laws, regulations, and current practices. As a B Corp, we aim to contribute to our team members’ financial security, wellness, career development, and satisfaction, while fostering an environment of trust and collaboration among all team members.

Respect - Treating people right.

We apply fair treatment to all our stakeholders and aim to establish long-lasting relationships that are transparent and respectful of the highest standards of business ethics. We aim to lead by example, based on the principle that respect calls for respect. We do not tolerate discrimination or harassment of any kind. We value diversity of cultures, ethnicity, and points of view. We aim to create a safe environment for our team members and all stakeholders, where diversity is valued and where they can expect to be treated lawfully, ethically, and with respect for their ideas, opinions, and personal situations. We foster a transparent and respectful way of communicating with each other, as well as with all our partners.

Innovation - Finding new ways to get things done.

Our team’s efforts to identify, design and implement innovative solutions to tackle the hurdles of impact finance represent the company’s investment for a thriving impact finance ecosystem and for the systemic change we aim to achieve through our activities. We are committed to sharing our knowledge and contributing to building collective expertise in the impact finance sector in Luxembourg and internationally. Our goal is to fuel innovative thinking and actions to boost our team members’ and our business partners’ impact goals.

Our Theory of Change

Our Theory of Change describes the reason why Innpact exists. It reflects our commitment to driving the change we want to generate and serves as a guide for our team on how our actions contribute to achieving Innpact’s vision and impact: to create a world where social and environmental initiatives are sustainable.

We set out to realise this vision through the provision of innovative advisory, consulting and management services. We believe Innpact can act under this dual role, both as a consultant and a fund management company, as well as a B Corp, to “harness and promote business as a force for good”.

How we help our partners set solid grounds for their initiatives and multiply their impact

Inputs

We leverage our human capital, expertise, and lessons learned to design impact funds, innovative strategies, and tools to enable impact-oriented actors to operate, market, and promote their initiatives and address the environmental and social challenges that affect the planet.

How we build Innpact as a business designed for long-term sustainability and impact

Inputs

With impact at its core, our governance is intentionally lean to be agile and adaptable, hence sustainable. As an employee-owned and mission-led company, our governance bodies are structured with a vision to achieve the long-term impact commitments we make to our stakeholders and to empower our team to deliver their personal impact objectives.

Outputs

Our teams share their knowledge by designing training and publishing insights through the Innpact Academy and social media and by contributing to working groups and panels. We see impact investing as an inclusive and collaborative sector, where tips and best practices are shared to facilitate the onboarding of new impact actors, increase transparency for investors and help existing impact projects showcase their potential.

Outputs

From selecting our business partners and service providers to taking action to give back to the community, our decision-making bodies include a variety of team members each bringing their views and specific experiences, but all aligned around the intentionality to create impact, contribute to the deployment of the SDGs and shape the impact finance ecosystem, as well as to provide financial and pro bono support to projects not necessarily linked to our core business but that are equally impact-driven and that aim to create positive benefits for all stakeholders.

Direct Outcomes

Our work contributes to establishing increasingly efficient best practices in fund management, impact management, governance, and board strategy that can be applied by a diverse range of impact actors across various sectors, as well as to the development of a stronger and healthier impact ecosystem to the benefit of all stakeholders.

Direct Outcomes

Whether we support projects through our Social Contract or engage with like-minded service providers, we intentionally partner with actors aligned with our values, leading the way to more waves of impact creation benefiting all stakeholders in both business and social communities.

Indirect Outcomes

We utilise the powerful synergy between our services, our network and our strategic role in the impact ecosystem to facilitate the mobilisation of capital towards impact initiatives that support the achievement of the SDGs.

Indirect Outcomes

As a B Corp, a signatory of the Diversity Charter and a member of the 2X Challenge , we aim to inspire other companies to create shared and sustainable prosperity for all by managing Innpact according to principles of transparency, inclusiveness, and respect for all our stakeholders including the environment and our community.

Our value proposition

Dedicated and focused on

impact finance.

Daily interaction

with public and private impact investors.

Strategic advice

provided to you.

Hands-on

from design to deployment.

Luxembourg and Mauritius

based, active globally.