Macif raises sustainable investment target to €1.5bn, deepening real assets push
Macif on 2 July set a €1.5bn target for new sustainable investments by 2029 after saying stronger results in the prior year had prompted it to raise its ambitions. The mutual said the new goal follows €670m of sustainable investment in 2025, well above an initial €300m target.
For balance-sheet investors, the announcement points to continued deployment into real assets and nature-linked themes rather than a broad allocation plan. Macif defined sustainable investments as assets addressing climate challenges and biodiversity, with a particular focus on oceans, forests and soil regeneration, but the disclosures did not set out a split by asset class.
Macif also said cumulative sustainable investments stood at €5.9bn at the end of 2025. Within that, forestry is already a meaningful allocation: the insurer said it had passed €105m of investment in French forests, while separate reporting put its forest estate at 10,200 hectares, worth more than €100m following the March 2026 acquisition of the Yvignac-la-Tour forest in Brittany.
The sustainability framework attached to new investments excludes coal, oil and gas, biocides, controversial weapons, tobacco, and breaches of fundamental human rights. Macif has also aligned itself with the Sustainable Blue Economy Finance Principles, linking part of the programme to ocean health.
