BlueOrchard Acquires Stake in “Gold Standard” SustainCERT

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Stockholm (NordSIP) – Global impact investment manager BlueOrchard Finance Ltd has acquired a minority stake in SustainCERT, a social enterprise committed to mainstreaming credible impact certification via user-centric, tech-driven solutions for sustainability-minded businesses and investors.

Founded in 2001 via a UN initiative as the world’s first commercial manager of microfinance debt investments, BlueOrchard is dedicated to fostering inclusive and climate-smart growth in tandem with attractive investor returns. It now provides premium investment solutions, including credit, private equity and sustainable infrastructure and is a partner of leading global development finance institutions thanks to its expertise in innovative blended finance markets.

SustainCERT is a company driven by the mission of adding value to impact certification to scale action toward climate security and the SDGs, and the official certification body for the Gold Standard for the Global Goals (GS4GG), a next-generation standard to quantify, certify and maximize impact toward climate security and sustainable development. The Gold Standard was established in 2003 by WWF and other international NGOs.

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“As a pioneer in impact investing, BlueOrchard has been at the forefront of developing cutting-edge solutions for almost 20 years,” said BlueOrchard CEO Patrick Scheurle. “We are therefore excited to join SustainCERT as an investor and partner as it provides much-needed solutions to increase the attractiveness and applicability of impact certification for large-scale investments.”

In accordance with the GS4GG, SustainCERT will certify BlueOrchard’s Sub-national Climate Fund, an upcoming infrastructure fund initiated with the R20 Regions of Climate Action. The certification will provide tangible proof for investors that BlueOrchard’s investments “adhere to the highest standards in terms of environmental and social safeguards, stakeholder inclusivity and impact measurement.”

“SustainCert will allow corporations and investors to measure, certify and report their contribution to the SDGs in an objective and reliable way. We are convinced that these services will play an important role in further accelerating the growth of environmental markets, results-based finance and sustainable infrastructure development,” said Peter A. Fanconi, BlueOrchard’s Chairman of the Board.

Added Marion Verles, CEO of Gold Standard: “We are delighted to welcome BlueOrchard as new shareholder. Their expertise in impact investing makes them an ideal partner for SustainCERT and will support the enterprise in becoming a leader in assurance for impact, from carbon markets to large-scale programmes like corporate supply chain interventions and impact investments.”

Image: Alex Martin, Pexels

 

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