Leapfrog is one of the first target investments of the AXA Impact Investment Fund, a pillar of AXA's responsible investment strategy. Leapfrog invests in high-growth companies in Africa and Asia, providing growth capital for companies that can operate at scale to serve the underserved populations. Its portfolio companies currently reach over 22 million people, and its distinctive investment strategy is backed by some of the world's leading institutional investors. It has raised USD 400m for a new investment fund that will invest in companies that provide financial services.
AXA is committed to offering protection through financial services to emerging market consumers globally, a vast population that will shape the financial services industry in the decades to come. We are proud to support industry pioneer Leapfrog in doing the same
By signing the UN Principles for Responsible Investment in 2012, the AXA Group officially committed to incorporating environmental, social and governance (ESG) criteria into its investment strategy and processes. AXA has already launched several responsible investment initiatives, amongst which the AXA Impact Investment Fund which allocates capital to projects with a strong social component while offering an attractive investment yield. This 200M € fund of funds supports organizations which both demonstrate and actively measure positive social impacts.
LeapFrog companies offer insurance, savings and investment products to emerging market consumers. At the same time, LeapFrog aims to provide a top-tier rate of return to investors, demonstrating that purpose-driven organisations often have a competitive advantage over their peers. When done properly, social impact does not imply lower returns.