United StatesPORTSMOUTH, N.H., December 15, 2022 – Impax Asset Management, the specialist asset manager investing in the transition to a more sustainable global economy today announced the results of the December 2022 reconstitution of the Impax Global Women’s Leadership Index (the Index).
The Impax Global Women’s Leadership Index is the first index consisting of the highest-rated companies in the world for advancing women. Impax Gender Analytics rates companies on several factors: representation of women on the board of directors; representation of women in executive management; hiring, promotion and retention of women; transparency about gender diversity data; gender pay equity; the presence of proactive gender goals and targets; and whether they are signatories to the UN Women’s Empowerment Principles.* Companies in the Index also meet threshold environmental, social and governance (ESG) standards, and the Index excludes weapons, tobacco and fossil fuel companies.
A comprehensive list of the changes to the Index, including additions and removals, has been posted to the Impax Asset Management website. 52 securities will be added to the Index and 46 will be removed as a result of the annual reconstitution.
About Impax Asset Management
Founded in 1998, Impax is a specialist asset manager, with approx. £37.4bn / US$42.9bn as at 31 October 2022 in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable global economy.
Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt.
The company seeks to invest in higher quality companies with strong business models that demonstrate sound management of risk. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking superior risk-adjusted returns over the medium to long term.
Impax has approx. 270 employees across its offices in the United Kingdom, the United States, Ireland and Hong Kong, making it one of the investment management sector’s largest investment teams dedicated to sustainable development.
*A joint initiative of the UN Global Compact and UN Women