STOA releases its 2024 Disclosure Statement

STOA has been a signatory to the Operating Principles for Impact Management (OPIM) since April 2019. Initially hosted by the International Finance Corporation (IFC), it has been owned by the Global Impact Investing Network (GIIN) since late 2022. The initiative’s nine principles serve as a benchmark for evaluating the impact management systems of funds and financial institutions. They draw on emerging best practices from a range of fund asset managers, asset owners, and financial institutions. Our 2024 Disclosure Statement, which we are pleased to share, reports on our alignment with these principles. Additionally, we undergo biennial audits by an independent third party to verify and confirm the alignment of our impact management system with these principles, as required by principle 9. The 2022-2023 independent verification was completed in April 2024 by the international consultancy Stone Soup. They confirm that “STOA total assets under management in alignment with the OPIM Principles amount to €450 million as of December 31^st, 2023 which represents 100% of STOA’s active portfolio”.