Nippon Life commences impact investing with $20m investment in private equity fund

Written by Adam Cadle

17/07/2020

Nippon Life has begun impact investing making a $20m investment in a private equity fund which seeks to generate competitive financial returns at the same time as creating and measuring environmental and societal impact, while contributing to the achievement of the United Nations’ SDGs.

The RISE Fund II, L.P. has five main investment themes – healthcare, education, financial services, renewable energy, and food and agriculture. Amid the COVID-19 pandemic, Nippon Life believes the fund’s potential investment recipients include companies seeking to generate positive social and environmental impact through such ways as improving public health and enhancing medical care.

The insurer said: “Nippon Life has actively engaged in ESG investment and finance, which contributes to solving environmental problems and helping society. This activity is based on our wish to have a harmonious coexistence with the environment, the community, and society, and to share stable growth together with the economy and companies. Investment in the fund will further develop Nippon Life’s ESG investment and financing.

“Going forward, Nippon Life will continue endeavouring to further increase profits for policy holders and to contribute to the formation of a sustainable society by advancing ESG investment and financing including impact investment, and taking into account coexistence with social and feasibility of investments.”

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