United StatesLondon, 9 May 2024 – Impax Asset Management (“Impax”), a specialist asset manager investing in the transition to a more sustainable economy, announces it has received the King’s Award for Enterprise, in the Sustainable Development category.
Impax has been recognised for its successes related to investing in the transition to a more sustainable economy that it has achieved since it last won the Queen’s Award for Enterprise in Sustainable Development in 2020. This has included: growing its range of investment strategies across multiple asset classes; developing its investment frameworks and taxonomies; establishing offices in Dublin, New York and Tokyo; impact reporting, corporate engagement and policy advocacy; its charitable support; and its focus on diversity and gender equality, both at the firm and across its investment portfolios.
Ian Simm, Chief Executive & Founder, Impax said:
“We are honoured to receive this King’s Award for Enterprise and to be recognised alongside some of the UK’s most innovative and pioneering businesses, following our first Queen’s Award ten years ago. The King’s Award recognises Impax’s commitment over more than twenty-five years to investing in companies that are advancing the transition to a more sustainable economy, our deepening role in helping to shape policy related to sustainable development and our contribution to the communities in which we operate.”
Impax previously won the Queen’s Award for Enterprise in Sustainable Development in 2020 and in 2014. The King’s Awards for Enterprise, previously known as The Queen’s Awards for Enterprise, were renamed last year to reflect His Majesty The King’s desire to continue the legacy of HM Queen Elizabeth II by recognising outstanding UK businesses. The Award programme, now in its 58th year, is the most prestigious business award in the country, with successful businesses able to use the esteemed King’s Awards Emblem for the next five years.
Awarded in May 2024 by the King’s Awards Office at the Department of Business, Energy and Industrial Strategy for demonstration of sustainable products, services or interventions for more than two years as evidenced by the benefits or positive outcomes of actions and practices.
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Contact
Montfort Communications Impax@montfort.london
Jack Roddan / Charlie Barnes +44 782 567 0695 / +44 747 147 5485
About Impax Asset Management
Founded in 1998, Impax is a specialist asset manager, with assets under management of approximately £39.6 billion / US$50.0 billion as at 31 March 2024 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 approximately 300 employees1 across its offices in the United Kingdom, the United States, Ireland, Hong Kong and Japan making it one of the investment management sector’s largest investment teams dedicated to sustainable development. www.impaxam.com
1 Full-time equivalent