The aim of impact investing is not only financial gain, but also significant social or environmental benefit. Together with our customers we have invested for example in different forest and wind power funds since 2009.
We have already invested nearly EUR 1 billion in impact investments Taaleri’s renewable energy funds (Wind Power I-IV, SolarWind I and II) are not only great at generating financial returns, they have also reduced CO2 emissions by 1.2 million tonnes. The latest member of the fund family, Wind Power IV, is targeting a market yield of 7–9% per year and a reduction of approximately 820,000 tonnes in CO2 emissions. Other examples of Taaleri’s impact investments include the Rental Home Fund (reasonably priced rental homes), the Circular Economy Fund, and Forest Funds I and III. Together these funds have already made investments of nearly €1 billion.
And there are a lot of opportunities: Our existing funds are projected to reduce emissions by 14 million tonnes by 2030, which corresponds to the annual carbon footprint of 1.4 million Finns. We are constantly developing new impact investment opportunities for our customers, also in asset categories other than private equity funds.