klimaVest: Mann steht mit Händen in den Hosentaschen am Ufer des Meeres und guckt sich den Sonnenuntergang an.

Vision We want to utilise and harness the opportunities offered by nature's infinite resources.

People influence and shape the world. Our impact has never been as noticeable as it has been in the last 50 years – however, it’s not all positive.
Technological, social and economic progress is faced with problems such as increasing environmental pollution and extensive destruction of habitats.
We are responsible for this. Just as we are for the answer to the question, which world do we want to leave behind for the generations to come.

klimaVest gives you the opportunity to take control of this responsibility yourself – together for a positive impact.

klimaVest: eine Brücke aus der Vogelperspektive im Sonnenuntergang.

klimaVest

The bridge for the energy transition

Annual investment requirement to achieve climate neutrality across the EU: €260 billion¹

Savings deposits in Germany that investors can use to invest in meaningful investment opportunities: €1,762 billion²

It’s time to build the bridge.

Despite falling emissions, the energy sector still accounts for the largest share of CO₂ emissions worldwide.³ And with the increase in e-mobility, information and communication technologies, the demand for energy will increase even further in the future.

However, this also offers valuable opportunities – because a sustainable energy industry can effectively save CO₂. Every kilowatt hour of renewable electricity produced with the help of wind, water and sun that is fed into the electricity grid replaces one kilowatt hour of electricity from fossil fuels due to the feed-in priority.

This results in numerous benefits for the energy industry. It reduces dependence on imported energy sources, ensuring lower energy prices⁴ in the long term and at the same time helps to reduce CO₂ emissions.

This is exactly where klimaVest comes in: with currently more than 43 assets in 5 EU countries⁵, the impact fund is actively influencing the European real economy and thus promoting the expansion of renewable energies – for a sustainable and valuable energy transition in the long term.

The sustainable investment approach

The RSF framework

klimaVest’s portfolio is structured according to Commerz Real’s RSF framework: using three parameters, potential investments can be examined for their sustainability potential and selected in accordance with the klimaVest vision.
The first parameter is the profitability (return) of the asset – and thus not least about how it can contribute to klimaVest's performance both now and in the future. Thanks to decades of experience in asset investments, Commerz Real can gauge when an investment will pay off – both today and tomorrow.

In the next step, the sustainability of the asset is assessed, for example by calculating its CO₂ footprint or its contribution to climate change mitigation. Commerz Real is an expert in identifying and assessing sustainable assets – with a transaction volume of over 7 billion euros in the areas of infrastructure, mobility and renewable energies.

This is followed by the formal aspects that must be met in order to be included in the klimaVest portfolio, and includes adequate diversification of assets across countries, regions and end-use technologies. Experienced fund managers always keep an eye on the fund structure as a whole – and know what to look out for in order to also professionally manage their assets internationally.

Die Grafik zeigt das RSF-Framework
klimaVest: eine mit Solarpanels überdachte Zugstrecke.

Into the future with klimaVest

Making a big difference together

The most important questions about the klimaVest vision

What is an impact fund and how does klimaVest meet the definition?

An impact fund is a sustainable investment product that focuses on the definition and fulfilment of specific and measurable sustainability objectives in addition to a financial return. Impact funds select companies and projects for their portfolio that have been proven to bring about positive changes.  

The klimaVest impact fund’s portfolio currently consists of more than 43 solar parks and wind farms, which contribute to the generation of renewable energy in 5 EU countries. With the help of these assets, the fund has an impact on specific sustainability objectives. This means that around 1,000 GWh of clean electricity will be produced each year with a reduction of 250,000 tonnes of CO₂ (target value; not guaranteed). As an impact fund, klimaVest thus actively contributes to reducing carbon emissions and driving forward the expansion of renewable energies.

What does sustainable investment mean for klimaVest?

In order to put the link between sustainability and economic profitability into practice, klimaVest focuses on three cornerstones of sustainable investment: 

  1. Relation to the real economy:
    In order to promote real economic activities that contribute to the energy transition, klimaVest invests primarily in specific wind and solar power projects. Climate change is caused by CO₂ and other greenhouse gases in the atmosphere, which in turn increase the greenhouse effect.
    Physical assets in the area of renewable energies for impact investments are particularly suitable for solving these problems. Specific projects such as wind farms or solar parks actively contribute to climate change mitigation: thanks to the statutory feed-in priority of renewable electricity, they have a direct impact on the energy mix and at the same time save considerable amounts of CO₂.
    Unlike passive funds that specialise in exchange-traded securities, klimaVest is therefore an active fund with a focus on physical assets that make a contribution to the energy transition.
  2. Positive objectives:
    As an impact fund, klimaVest aims to achieve a positive impact of the investments made at the environmental and social level. The European Union has formulated specific objectives for this in the context of the EU Taxonomy.
    It includes, among other things, climate change mitigation, the transition to a circular economy and the preservation of biodiversity and ecosystems. Climate protection is a guiding principle for klimaVest.
  3. Transparency:
    klimaVest presents the avoided CO₂ emissions of the portfolio and reports on other sustainability aspects of the fund in the half-yearly and annual reports. These include, for example, the “Do No Significant Harm” principle and social and governance reviews that must be carried out by the respective investments of the fund.

What contribution does an investment in klimaVest make to the energy transition?

klimaVest’s portfolio currently consists of 43 solar parks and wind farms for the generation of renewable energy. The fund thus actively promotes the expansion of renewable energies. With the increasing expansion and the legally regulated feed-in priority, conventional electricity from fossil fuels, which is often associated with high CO₂ emissions, can be constantly pushed back. klimaVest thus makes an active contribution to the sustainable transformation of the European energy industry and thus also to climate change mitigation. 

In addition to the expansion of renewable energies, klimaVest also pursues specific sustainability goals, such as the active saving of CO₂: The avoided emissions are calculated using the Clean Development Mechanism (CDM) and communicated transparently. As the production of renewable electricity also generates greenhouse gases, these emissions are added.

With klimaVest’s CO₂ calculator, you can estimate your personal CO₂ footprint and in the second section, estimate the targeted CO₂ avoidance of klimaVest's assets.

How do you measure the sustainability of an asset?