Press release
DWM Awarded LuxFLAG Microfinance Label for SDGs Credit Fund
Hannah Schiff
Managing Director, Impact
New York, NY and Stamford, CT
Jul 3, 2024
The SDGs Credit Fund, managed by DWM, has been awarded the LuxFLAG Microfinance Label. The Fund, launched in July 2020, is a private credit investment strategy focused on emerging and frontier markets. The Fund lends to inclusive financial institutions and other companies that offer products or services contributing to the UN Sustainable Development Goals. Supported impact themes include climate change mitigation and adaptation, gender equity, sustainable agriculture, education, water & sanitation, and financial inclusion for micro, small, and medium-sized enterprises.
The LuxFLAG Microfinance Label is recognized as a mark of distinction in the investment community, signifying that a microfinance investment vehicle adheres to rigorous standards of investment. This label acknowledges DWM’s adherence to these standards and its commitment to implementing sustainable and responsible investment practices.
LuxFLAG stated, “We are pleased to announce that the SDGs Credit Fund has been awarded the LuxFLAG Microfinance Label, valid from 1 July 2024 to 30 June 2025. The LuxFLAG Microfinance Label is known for its high standards and comprehensive evaluation of the microfinance investment fund’s approach. The Label was launched in 2006 with the creation of LuxFLAG and launched the world’s only Microfinance Label. It underscores the effective integration of social performance considerations and financial inclusion principles, reflecting key criteria essential to the LuxFLAG Microfinance Label’s eligibility criteria.”
The awarding of the LuxFLAG label to DWM is a significant milestone, reflecting the firm’s ongoing efforts to generate social impact through its investments while providing reassurance to investors about the integrity and focus of their financial contributions.
“We are very pleased to have the SDGs Credit Fund recognized via the LuxFLAG Microfinance Label,” said Hannah Schiff, DWM’s Managing Director of Impact. “The label reflects our efforts to apply the highest standards of impact management as we seek to contribute to global economic development outcomes through inclusive finance.”
To learn more about the SDGs Credit Fund, please see the most recent Annual Impact Report.
To learn more about DWM’s approach to impact measurement and management, please see our most recent Statement of Alignment with the Impact Principles and Independent Verifier Report.
About DWM
Founded in 1994, Developing World Markets (DWM) seeks investible solutions that sustainably address the social, environmental, and economic needs of the developing world. DWM began impact investing in 1999 and shifted exclusively to impact investments in 2004. DWM has over two decades of experience in emerging and frontier markets. Through DWM Asset Management, LLC, the firm’s SEC-registered investment adviser, DWM has originated and managed $2.9 billion of private debt and private equity in impact-oriented enterprises, including over 1,200 loan disbursements and 25 private equity stakes in more than 60 emerging and frontier countries.