The Microfinance Enhancement Facility (MEF) just published its OPIM Disclosure Statement, confirming the alignment of its impact management system with the Operating Principles for Impact Management.
The Operating Principles for Impact Management (OPIM) were developed in collaboration with industry leaders and stakeholders and launched in April 2019. They consist of a list of 9 key principles aiming to provide a framework for investors for the design and implementation of their impact management systems, ensuring that impact considerations are integrated throughout the investment lifecycle. Through its compliance with the principles, MEF demonstrates its commitment to transparency in all its investment processes. Indeed, this Disclosure Statement applies to the investments made by MEF and which adhere to the Impact Principles (Covered Assets). Such Covered Assets amounted to USD 579 million as of 30 September 2021.
As a next step, the Fund will assess the most appropriate option to undertake an independent verification of its compliance with the Impact Principles. The first verification will be provided by the end of 2022.
As MEF's General Secretary and long-term fund management partner, we are proud to have contributed to this new development, demonstrating our commitment to helping our partners extend the boundaries of their engagement.
Read the OPIM Disclosure Statement on MEF website: https://www.mef-fund.com/publications.php