Investing for a Sustainable Morocco
The Mohammed VI Investment Fund acts as a catalyst for sustainable transformation. It places Environmental, Social, and Governance (ESG) issues at the heart of its mission: mobilizing public and private capital for more inclusive, resilient, and responsible Moroccan growth.
A Long-Term Impact Vision
The Mohammed VI Investment Fund positions itself as a leading sovereign fund committed to making investment a lever for sustainable prosperity.
We believe that financial performance only truly makes sense when it contributes to strengthening national competitiveness, supporting all regions, creating jobs, and preserving resources for future generations.
Responsible Investment at the Heart of Our Action
The Mohammed VI Investment Fund integrates ESG criteria throughout the entire investment cycle, for all its direct or indirect activities, in order to:
- control the financial, regulatory, and reputational risks associated with ESG issues;
- maximize the positive impact of its investments on the environment and society;
- promote a culture of responsible investment among its partners.
Our ESG policy and its operationalization through Environmental and Social Management Systems (ESMS), in compliance with international standards (IFC Performance Standards, UNEP FI, PRI), structure this approach.
Integrated ESG Governance
The implementation of the ESG policy is sponsored by the Fund's General Management and placed under the responsibility of the Sustainability & ESG Department, which drives the strategy and ensures its integration into all investment processes, in close collaboration with the investment teams.
The Board of Directors ensures the proper application of the policy and its continuous evolution, in line with stakeholder expectations and regulatory advancements.
The Sustainability & ESG Department:
- Sits on the Internal Investment Committee and the Procurement Committee,
- Represents the Mohammed VI Investment Fund within the CSR community of Public Institutions and Enterprises (ANGSPE),
- Supports the investment teams and partner companies,
- Promotes an ESG culture internally through training and continuous communication.
An International Commitment
In November 2023, on the sidelines of COP 28, the Mohammed VI Investment Fund became the first Moroccan "Asset Owner" signatory to the United Nations Principles for Responsible Investment (PRI).
This status strengthens the Fund's position within the global community of responsible investors.
As a signatory, the Mohammed VI Investment Fund commits to:
- Incorporate ESG issues into its investment analysis and decision-making processes
- Be an active owner and incorporate ESG issues into its ownership policies and practices
- Seek appropriate disclosure on ESG issues by the entities and partners it invests in
- Promote acceptance and implementation of the Principles within the investment industry
- Work together to enhance effectiveness in implementing the Principles
- Report on its activities and progress towards implementing the Principles.
Our ESG Priorities
In line with the New Development Model and the National Sustainable Development Strategy, the Mohammed VI Investment Fund focuses on three strategic priorities:
- Support the decarbonization of the Moroccan economy;
- Assist companies in improving their environmental performance;
- Promote responsible management of water, energy, and biodiversity.
- Promote job creation, especially for youth and women;
- Strengthen the participation of territories in economic development;
- Foster diversity, health, and safety in the workplace.
- Promote exemplary governance and integrity practices;
- Ensure transparency and accountability to stakeholders;
- Contribute to strengthening the competitiveness and resilience of the Moroccan economic fabric.
Our ESG Priorities
The Mohammed VI Investment Fund actively collaborates with international institutions to enhance its impact:
European Investment Bank (EIB)
technical assistance on the CapAccess and CapHospitality products to support Moroccan SMEs in their environmental and social transition.
European Union
joint program "Support for Sustainable Investment in Morocco" (EUR 60 million) to back investments with high economic and environmental impact.
Partnership for Action on Green Economy (PAGE – UN)
collaboration for integrating climate risks into FM6I's investment tools and accessing international climate finance.
Leadership and ESG Dialogue
The Mohammed VI Investment Fund actively participates in major national and international sustainable finance initiatives:
- COP 28 and PRI signatory;
- Green Climate Fund MENA Dialogue;
- UNEP FI Regional Roundtables Africa–Middle East;
- Forums on climate finance and responsible governance.
Convinced that sustainability starts internally, FM6I develops a shared ESG culture:
- over 60 hours of ESG training delivered in 2024;
- publication of an internal "Sustainability" newsletter, promoting eco-friendly actions, ESG news, and internal awareness.