INOKS Capital is a Swiss, FINMA-authorised, impact asset manager of collective investment schemes alongside segregated mandates. Impact and ESG form an integral part of INOKS’ DNA, with a mission to finance the growth of sustainable agri-food value chains through customised funding solutions, benefitting investors, investees, and local communities. INOKS contributes to the strengthening of sustainable food systems worldwide, by investing in companies whose products and services help address poverty reduction, food security, environmental quality, and women empowerment, predominantly across emerging markets. Since 2006,INOKS Capital has deployed over USD 7 bn and supported 150 + companies. INOKS joined the Net Zero Asset Manager Initiative in December 2021 and submitted its Initial Target Disclosure in December 2022.
6% of total AUM
initially committed to be managed in line with net zero
USD $0.04 billion
currently committed to be managed in line with net zero
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Metric: for Private Debt (working capital) : Carbon Intensity by Revenues
Allocation to climate solutions
$20 114 108.47 (amount of eligible EU Taxonomy aligned activities)
CO2e reduction targets.
19% by 2025
50% by 2030
Target number of engagements by 2025
Collaborative engagements supported e.g. via CA100+: NA
Direct engagement with investees: 3
Sector and value chain engagement – with numerous companies and stakeholders from the same sector or value chain: 3
(same as above)
Engagement outcomes targets:
Number of investees having SBTi aligned targets or committed to net-zero following engagement: 5
Number of investees having SBTi approved targets following engagement: NA
GHG scopes included:
For INOKS as a company,
Scope 1: includes all direct emissions from owned or controlled sources, such as business travels in company cars or the combustion of fuels in heating systems.
Scope 2: includes all indirect emissions from the production of purchased energy consumed by the company.
Scope 3: includes all other indirect emissions resulting from the production of raw materials, products or services used by the company and from business travels in vehicles not owned by the company.
Net Zero Asset Owner Alliance Target Setting Protocol
The GHG Protocol: A Corporate Accounting and Reporting Standard was used to determine INOKS Carbon Footprint, as a company.
Proportion of AUM committed:
INOKS Capital provides customised financing solutions (short-term private debt) to private companies, predominantly located in Africa, Eastern Europe/Central Asia, and Latin America, which are active in the agricultural and food sector.
Access to data is the backbone to quantify, set and achieve emissions reduction targets. Suitable net zero pathways for emerging markets and agriculture are currently underdeveloped, yet this is where investment is most critical to have a real-world impact on reduction. These are the areas in which INOKS operates and so the approach is to engage proactively with a select number of investees in similar geographies/sectors/value chain segments to support the quantification of their activities and implement net zero targets where feasible.
Policy on coal and other fossil fuel investments:
INOKS does not provide capital to any coal or fossil fuel related- activity, as per INOKS’ Impact Framework and Exclusion Lists.