Discover Funds For Good, which specializes in social impact investment products.

• Can you present the concept of FFG?

Funds For Good is a new kind of company based on a reasoned capitalism model. Funds FOR GOOD IMPACT, active in the financing and support of social or precarious entrepreneurs, is funded by FUNDS FOR GOOD INVEST, a creator of sustainable investment funds, which gives half the profits it generates from its fund distribution activity. In both of our businesses, we believe that companies need to be the driving force behind changes to create a more fair society.

How did you come up with the idea of creating Funds For Good, what were you doing before?

Patrick, the other co-founder and were in Morocco to windsurf and, because of lack of wind, we started discussing a project. At the time (in 2011), we both had a good job but felt it was not close enough to our values. Passionate about entrepreneurship, we created a company with a social goal to fight job insecurity and inequality. To finance this structure, we have decided to create a commercial company based on our financial skills, and to donate half of the profits generated by the distribution activity.

In concrete terms, how does your commitment translate into action on the ground?

In terms of impact, Funds For Good has so far created 923 (as of 31/03/2022) projects generating more than 1000 jobs. We have operations across all sectors and 4 European countries - Belgium, France, Luxembourg and Spain.
Funds FOR GOOD IMPACT helps two specific groups of entrepreneurs with funding needs:

• Vulnerable people eager to re-integrate into the workplace by creating their own jobs through entrepreneurship.
• Entrepreneurs that initiate a societal project with a positive impact on the environment and/or society.

Can you tell us about your offer?

Funds For Good Invest has created a diversified range of socially responsible funds. In order to provide investors with the best possible yield and the highest quality management, we have established partnerships with some of the most famous asset managers in the market. Among them is BLI - Banque de Luxembourg Investments S.A., whose CIO, Guy Wagner, manages the FFG Global Sustainable fund. To date, Funds For Good has 650 million of assets under management, and in 2020 we were able to pay out 18% of the profits generated by the distribution activity.

Impact Investing is an important trend in responsible investing, how do you measure your impact?

We are audited annually by the Ethibel forum which certifies the measurement of our commitments. Its 2020 Audit reports our donation of 18% of our profits to the NGO. Since 2021, we have been drafting an impact report which will be an annual exercise reporting on the impact we have been able to generate over the year. Our latest report can be downloadable on Rapport_EN.pdf (fundsforgood.eu)

A wish for the near future?

We want (re) to create the link between the financial world and the real economy. Impact investing is no longer an option but a real motivation for investors. We want to continue to lead local communities of entrepreneurs, financial actors, volunteers, who together contribute to significantly solving social problems.