responsAbility and Phlomis Finance Bridge Blockchain and Impact Investing
Zurich / Stockholm, 26 November 2024 – Swiss impact asset manager responsAbility and Phlomis Finance, an innovative platform specializing in blockchain-based technologies for real-world asset (RWA) investments, are entering a collaboration. This joint effort marks a significant step forward in integrating blockchain technology with impact investing and positions responsAbility as a pioneer at the intersection of these fields.
Phlomis Finance, headquartered in Stockholm, Sweden, connects institutional and individual investors to real-world asset (RWA) opportunities through its advanced technology platform. Their mission is to democratize access to institutional-grade investments, using blockchain to deliver transparency, efficiency, and resilience across diverse market conditions.
A sustainable world with access to opportunities for all For over 20 years, responsAbility has been pioneer in impact investing, delivering measurable impact across the three investment themes Financial Inclusion, Climate Finance, and Sustainable Food. In collaboration with Phlomis Finance, responsAbility focuses on opening access to Financial Inclusion investments. These investments can help to empower micro-entrepreneurs and businesses in emerging markets, contributing to poverty alleviation, job creation, and gender inclusion while supporting selected United Nations Sustainable Development Goals1.
Innovation in impact investing As an impact-investing pioneer, responsAbility has consistently led the way with innovative solutions. It was instrumental in developing the first institutional-sized Financial Inclusion CLO2, which opened new financing channels for microfinance institutions, and a Social Bond3, which both unlocked scalable and “easy to invest” opportunities for private sector capital to address social and economic challenges. These innovations have expanded access to impact investing for new investor groups.
Democratizing investments Phlomis Finance shares this mission by making institutional-grade investment products accessible to a broader audience through blockchain technology. This collaboration with responsAbility aims to activate digital asset holders with transparent, impactful investment opportunities, bringing impact investing to a new generation of investors. Phlomis will utilize the Chromia blockchain as a secure data layer to record financial and impact transaction data.
Robert Widen, Director of the Nordics for responsAbility: “We are excited to work with Phlomis Finance to develop a new channel and paradigm for impact investments tailored to the growing segment of digital asset holders. We believe our investment products, which provide attractive returns with specific, measurable impact, will appeal to digital asset investors.”
Todd Miller, Managing Director for Phlomis Finance: “responsAbility is an innovative leader in the impact asset management space with a proven and consistent performance and impact record. We are excited to work with a fund manager recognized for its quality asset and credit management plus rigorous impact assessment strategies. Combining their expertise in asset management and impact assessment with our technology platform will bring a unique suite of resilient investment offerings to market.”
About responsAbility Investments AG responsAbility Investments AG is a leading impact asset manager specializing in private market investments across three investment themes. These themes directly contribute to the United Nations Sustainable Development Goals (SDGs): Financial Inclusion, to finance the growth of Micro & SMEs; Climate Finance, to contribute to a net zero pathway; and Sustainable Food, to sustainably feed an ever-growing population. All responsAbility investment solutions target specific measurable impact alongside market returns.
Since its inception in 2003, responsAbility has deployed over USD 15.7 billion in impact investments. With over 270 employees collaborating across 8 offices, as of 30 September 2024 the company manages USD 5.1 billion in assets across approximately 300 portfolio companies in around 70 countries. Since 2022, responsAbility has been part of M&G plc, the international savings, and investments business, and contributes to enhancing M&G’s capabilities in impact investing.
About Phlomis Finance Phlomis Finance is a blockchain-enabled investment platform offering resilient asset solutions for diverse market conditions. Based in Stockholm, Sweden, Phlomis leverages the Chromia blockchain to deliver full transparency and enhanced value for investors. The company is committed to democratizing access to institutional-grade investments through innovation and technology.
1 Please note that while we support the UN SDGs, we are not associated with the UN and our funds are not endorsed by them. 2 Sustainable Investments: responsAbility launches impact CLO | responsAbility 3 Sweden's government teams up with responsAbility to mobilize USD 177.5 million from private investors via innovative social bond | responsAbility
Contact
Richard Rogers
responsAbility Investments AG
+41 44 403 2151
media@responsability.com
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