Equity, Diversity & Inclusion at Impax

We believe that the transition to a more sustainable economy is closely linked to the transition to a more equitable society.

Equity, diversity & inclusion are critical to the success of the companies in which we invest, to our own organizational excellence, and in creating opportunity in the communities in which we operate.

Our investing and thought leadership¹

• We are committed to using the tools we have as investors to address discrimination and inequity.
• We invest in companies that are well positioned to benefit from the transition to a more sustainable economy, including companies that are leaders on human capital issues, through our women’s leadership and social leaders’ strategies.
• E,D&I² continues to be central to our investment and engagement process: through consideration of diversity indicators in our fundamental ESG³ research, and through our established track record of principled proxy voting, successful company engagements and collaborative public policy.
• We regularly publish thought leadership pieces related to E,D&I issues, including an annual review of the “Business Case for Diversity”.

Our business⁴

• Governance and accountability: E,D&I is sponsored by a Non-Executive Director and the CEO. E,D&I metrics are incorporated into executives’ annual performance scorecards.
• Setting goals: focus on women and minority ethnic ranges at company and senior staff level.⁵
• Talent: sponsoring inclusion at each stage of the employee lifecycle, including recruitment, promotion pathways, and retention.
• Mentorship and coaching: colleagues participate in inclusive third-party cross company and inhouse programmes.
• Equity: annual reporting of demographic progression, gender pay gap, promotion, and turnover metrics. Offering equitable and inclusive HR policies.
• Inclusion and education: active employee networks and Diversity Champions run regular events to promote awareness and understanding.

Creating opportunity: partnerships & impact⁶

• We partner with organizations focused on E,D&I, spotlighting the unique challenges faced by women and minority ethnic individuals within our industry.
• We offer people from socially diverse backgrounds the opportunity to work in the investment management space.
• We collaborate with our partners and suppliers on E,D&I issues.
• We are signatories of Women in Finance and Race at Work charters.⁷

¹For further information on investee company engagement, see our 2024 Stewardship & Advocacy Report.
²E,D&I is defined as equity diversity and inclusion.
³ESG is defined as environmental, social and governance.
⁴Read about our approach to Equity, Diversity and Inclusion in our:

⁵Corporate level of “Director” and above.
⁶Details of our memberships can be found at: Memberships – Impax Asset Management (impaxam.com).
⁷For more information about Women in Finance, see: Women In Finance. For more information about Race at Work, see: Race at Work Charter Signatories – Business in the Community (bitc.org.uk)