PG Impact Investments’ Annual Impact Report 2020
Dear investors
Dear friends of PG Impact Investments
We are delighted and proud to present you with the PG Impact Investments’ Annual Impact Report 2020.
2020 has been an eventful year for PG Impact Investments. Despite the uncertainties and challenges faced due to the COVID-19 pandemic, we grew our portfolio with key investments, became a signatory of IFC’s Operating Principles for Impact Management and enhanced our carbon footprint reporting. With the continuous support of our investors we have strengthened our platform further while celebrating together our 5th year anniversary.
For the first half of the year, we shifted our focus on supporting our investees which reduced new investment execution. Following stabilization into the new norm and an Investment Committee approval to selectively proceed on virtual due diligence, sourcing and investment activity picked up significantly. As of the end of 2020, with 37 investments closed and total committed capital of USD 236 million across PGII’s entire investment platform, we contributed to the improvement of the lives of 4.1 million underserved people. In aggregate, our investees touched over 87.2 million lives across 33 countries. This would not have been possible without the resilience our investees demonstrated throughout the entire year.
Impact investing has emerged as a driving force for change to combat the negative effects of COVID-19. Although the path ahead continues to be challenging, we at PG Impact Investments are highly motivated to deliver strong returns and high positive impact to our investors whilst supporting our investees and improving the lives of underserved people. We thank all our clients, business partners and supporters for their trust and valuable contribution. Together we can make a real difference.
Urs Wietlisbach
Co–Founder & Chairman
PG Impact Investments AG
Urs Baumann
Co–Founder & CEO
PG Impact Investments AGApril 21st, 2021|English