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.’’

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.