Specialists in listed impact investing strategies
IMPact SGR is an asset management company specialising in listed impact investing strategies, which integrate financial performance targets and impact measurement. The aim is to respond more effectively to the needs of institutional and private clients who wish to invest responsibly and with a long-term vision, making a tangible contribution to building a more equitable, resilient, and sustainable future for all.
Joining the Banca Etica Group
As of February 2026, IMPact SGR has become part of the Banca Etica Group, the leading Italian banking group dedicated to ethical finance. The entry into the Group, with Banca Etica acquiring 70% of the capital, is a strategic milestone in the company’s growth path and strengthens our ability to offer increasingly comprehensive and integrated ethical asset management and impact finance solutions.
Within this ecosystem, IMPact SGR will take over the management of the funds of Etica Sgr, another asset management company of the Banca Etica Group, which only offers ethical mutual funds. Companies involved in controversial sectors – e.g., armaments, fossil fuels (e.g., oil and coal), tobacco, gambling – and States which do not respect freedom of the press, civil rights or provide for the death penalty are excluded from the portfolios of Etica Sgr’s funds. Issuer selection is then made on the basis of an accurate ESG (environmental, social and governance) accountability analysis.
Listed impact investing
Impact investments are investments made with the intention to generate positive, measurable environmental and social impact alongside a financial return.
Over the course of its management experience, IMPact has made the integration between financial and impact performance the core of its management approach. In practice, this means going beyond the traditional two-dimensional investment process – centred around risk-return profile optimisation – to embrace a three-dimensional approach where impact becomes the third key dimension in portfolio construction and management.
IMPact intends to promote and accelerate the systematic adoption of listed impact investing strategies in asset management, bringing proprietary methodologies and a rigorous approach which combines financial analysis with impact performance measurement and active impact performance management.