The Finansol label (FINANces SOLidaires) was created in 1997 by the Finansol Association, a group of banks, associations and NGOs in France. FAIR was born in 2021 from the merger between Finansol and the Impact Invest Lab (iiLab), a historical actor and innovation lab for impact. The focus for the label is mainly on social components.
The association’s goal is that 1% of financial products offered in France will be drawn from social components in 2025. The label is awarded to solidarity savings, funds, direct investments, banks, insurance companies and is based on the evaluation of socially oriented activities.
The disclosure of criteria for companies or funds is mainly based on the assessment of a sustainable business model with two criteria. These relate to orientation on social activities and transparency. Profitability plays only a subordinate role in awarding the label.
FAIR is an association of social impact finance actors in France and an international pool of French know-how in this field, bringing together more than 120 solidarity-based companies, banks, management companies, NGOs, universities and committed individuals.
The label is awarded by the FAIR Committee via a suitability test. Membership in the FAIR Association is a prerequisite for any application for the Finansol label.
Over 180 investment funds have been awarded the label in 2022. Click on the button to go to Finansol’s website and discover the financial products awarded with the label.