What is the NEC Initiative ?

A Mission-led company

With the objective to drive positive change and contributing to the development of sustainable finance, the NEC Initiative is a mission-led company (‘’entreprise à mission’’).

Our ambition is to develop and deploy the NEC metric as an ESG market standard in Europe.

This tool is being developed as an open and transparent initiative and inviting members to pioneer its use and drive change towards a more environmentally-friendly finance.


Our purpose

“We actively contribute to the development of a sustainable and resilient economy, empowering investors and corporates with the tools to assess their contribution to the ecological transition.’’

Our Steering Committee

We gathered  8 members, all experts with varied and complementary skills. They have a fundamental role in the execution of our mission, they guide us and challenge us. 

Emmanuelle Aoustin

Mentor & Consultant, Regenerative Leadership

From developing the environmental impact assessment capabilities at Veolia (2000-2012) to leading Quantis, a multinational sustainability consultancy (2012-2020), Emmanuelle has a proven track record of shaping better ways of doing business. Both a “mapmaker” and a traveller of the regenerative transition, she helps business leaders and their teams develop their regenerative leadership skills so that they can thrive at bringing positive impact at scale.

Pierre Ducret

Palladio Institute Director and Board Member (EthiFinance…)

Holder of a Master degree in philosophy, graduated from IEP Paris, former student of ENA* (1982), former Climate Advisor of the Caisse des Dépôts Group, founder and former president of the Institute for Climate Economics, I4CE, co-founder of Finance For Tomorrow. former member of Caisse des Dépôts’ exec. committee, co-founder of CDC Climat, Pierre Ducret is currently Director of the Palladio Institute and member of the supervisory board of Ethifinance and other unlisted companies.
* National School of Administration

Céline Puff Ardichvili

CEO Look Sharp PR

CCommunication professional and entrepreneur. She pressed the “pause” button to go back to school, so she could understand the challenges around the sustainable development principles, in order to take action. Celine is managing partner at Look Sharp, a PR agency, where she dedicates her energy to give visibility to the change makers.

Emilie Béral

Head of Methodology at Moody’s ESG Solutions

Head of Methodology for Moody’s ESG Solutions. Emilie has 20 years of experience in ESG Assessments, during which she has contributed to promote sustainable finance and corporate social responsibility as a former Executive Director of Research for Vigeo Eiris and her participation to several market initiatives (Board of Finance for Tomorrow, Advisory Board of Nasdaq Sustainable Bond Network, ICMA, EFRAG).

Rodolphe Bocquet

VP Partnerships and Regulation at Clarity AI

Rodolphe Bocquet is the VP Partnerships and Regulation at Clarity AI. He has 20+ years experience in the field of Environment Finance and Sustainable Investment. He was the co-founder and CEO of Beyond Ratings, the first credit rating agency to integrate sustainability drivers into Sovereign’s credit worthiness. He is a member of the EFRAG expert working group on the upcoming Corporate Sustainability Reporting Directive (CSRD). He previously served in the Un PRI Fixed Income advisory committee and in Luxflag’s green label eligibility committee.

Julie Raynaud

Independant Advisor and Researcher

Independent advisor and researcher with a range of organizations or initiatives: Institut Louis Bachelier, the French Ministry for the Ecological Transition, WWF France, I4CE, the Euronext Low Carbon 100 index.
Prior to this, after an experience as senior research analyst at Trucost, she was in charge of climate change and natural capital research at Kepler Cheuvreux.

Jean-Guillaume Peladan

Senior Advisor Environment of Sycomore AM

Director of the Environment strategy of Sycomore AM.
Executive, investor and portfolio manager, specialist in energy and ecological transition. Operational management experience in environmental services and then in the financing of green innovation and ecological transition.

Clément Bladier

President NEC Initiative

Former business leader and team manager in the food & beverage industry, as Head of Marketing and Sales, Clément decided to take a strong turn towards sustainability and is now looking after the deployment of the NEC.

Join the NEC Initiative

Our Ambition is to Gather Engaged Members and Users to Grow this Metric for more Sustainable Investing

DEVELOP

To construct and update the NEC metric and thereby provide a robust, transparent methodology and environmental metric
for the finance industry.

EDUCATE

To raise awareness about environmental issues in financial markets, train sustainable investors to use the NEC, and develop solutions in the sustainable finance sector.

Why is the NEC metric important?

How the NEC Initiative Started

Since 2010, consumer interest and regulatory actions have given rise to a sense of urgency around environmental issues and the need for economic resilience. Consequently, financial investors are seeking ways to invest more sustainably, but they are lacking the tools for assessing the environmental impacts of financial activities.

To provide a solution, Sycomore AM created a metric to overcome the limitations of existing methodologies and capture the overall impact that economic activities have across various environmental categories. This became the Net Environmental Contribution (NEC) metric and Sycomore AM developed it with the support of I Care & Consult, Quantis and BNP Paribas Securities Services which accelerated the NEC implementation and testing phase.

In 2021, the NEC Initiative became a mission-led company (‘’entreprise à mission’’), bringing together four founding partners : Sycomore Factory, OFI, SWEN Capital Partners and Eurinvest.