Mirova – France: Strategic-Technological Analysis

Introduction

Mirova is not a household name in the defense industry. Yet this Paris-based investment firm has quietly positioned itself at the crossroads of sustainable finance and European strategic security. As Europe faces new geopolitical realities and strives for technological sovereignty, Mirova is carving out an unexpected role: channeling private capital into sectors – advanced tech, critical infrastructure, cybersecurity – traditionally shunned by ESG-minded investors. The company’s leadership openly questions the long-held taboo against financing defense, arguing that protecting democracies is as essential to sustainability as decarbonizing the economy. With €28.4 billion in assets under management dedicated to responsible investment, Mirova brings a fresh perspective to defense and dual-use innovation. By leveraging its European networks and mission-driven ethos, it seeks to bridge the gap between EU strategic ambitions and the funding needed to realize them. The story of Mirova’s evolution offers insight into how Europe’s financial sector is adapting to bolster defense autonomy – without compromising on values.