Impax is committed to helping companies navigate the transition to a more sustainable economy. In so doing, we aim to mitigate risks and enhance opportunities for our clients.
We proactively engage with our portfolio companies and issuers to help us determine how they understand and perceive their own risks and opportunities. It is a valuable input to our investment decision-making process, which relies on a comprehensive understanding of the character and quality of our investee companies.
Effective engagement also provides an avenue for us to add value by encouraging companies to better manage their risks and to highlight issues that we believe pose the greatest challenges to the transition to a more sustainable economy.
Read about our recent global engagement activities and the impact of our work in the Engagement and Policy Advocacy Report 2022.
Our global engagement strategy is currently focused on four core issues:
- Climate change
- Environmental issues such as pollution and resource depletion
- Human capital issues such as diversity, equity, inclusion, environmental justice, and health and safety
- Corporate governance
We engage directly with our portfolio companies, including meeting with management teams and filing shareholder resolutions, and undertake collaborative engagements with other investors on critical issues. Proxy voting is also an important catalyst for dialogue.
Lisa is responsible for the development and oversight of Impax’s Sustainability and Environmental, Social and Governance (ESG) analysis, including overseeing stewardship work in the Listed Equity team. She is the Chair of Impax’s ESG, Sustainability Lens and Environmental Committees and also Co-Heads Impax’s impact investment work.
Lisa joined Impax in 2010. She started working in the financial industry in 1999 and previously worked as an executive director in the Investment Management Division of Goldman Sachs in London. Lisa has also worked as an independent consultant, focusing on environmental policy research and analysis.
She is active within working groups and advisory councils relating to impact investing, water, governance and ESG standard setting with several external industry organisations.
Lisa has an MSc in Environment and Development from the London School of Economics as well as an MSc in Finance from the Hanken School of Economics, Finland.
In this year’s report, we summarise our engagement activities and policy advocacy work in 2021, and outline our key focus areas looking ahead.
In this article, we discuss where we perceive opportunities in the emerging sharing economy and how equipment rental can contribute to a more sustainable, circular economic model.
In this podcast, we discuss how software plays a growing role in tackling environmental issues and the opportunities this can create for investors focused on the transition to a more sustainable economy
Julie Gorte, Ph.D.
Julie Gorte is Senior Vice President for Sustainable Investing at Impax Asset Management LLC, the North American division of Impax Asset Management Group and investment adviser to Pax World Funds.
She oversees environmental, social and governance-related research on prospective and current investments as well as the firm’s shareholder engagement and public policy advocacy. Julie is also a member of the Impax Gender Analytics team.
Prior to joining the firm, Julie served as Vice President and Chief Social Investment Strategist at Calvert. Her experience before she joined the investment world in 1999 includes a various number of roles. Julie spent nearly 14 years as Senior Associate and Project Director at the Congressional Office of Technology Assessment. Additionally, she has held the roles of Vice President for Economic and Environmental Research at The Wilderness Society, and Program Manager for Technology Programs in the Environmental Protection Agency’s policy office and Senior Associate at the Northeast-Midwest Institute.
Julie serves on the boards of the Endangered Species Coalition, E4theFuture, Clean Production Action and is the board chair of the Sustainable Investments Institute.
Julie received a Ph.D. and Master of Science in resource economics from Michigan State University and a Bachelor of Science in forest management at Northern Arizona University.
Our annual update on research supporting wider, deeper pools of talent
Our reaction to the SEC’s proposed rules on ESG disclosures and fund names.
Our initial reflections on a package of real economy policies that should help unlock private investment in the sustainable transition
David Loehwing is Head of Sustainability and ESG, North America at Impax Asset Management LLC, the North American division of Impax Asset Management Group and investment adviser to Pax World Funds.
He is responsible for environmental, social and governance-related research on prospective and current investments, and he leads the construction and management of the Impax Systematic ESG Rating. He is also a member of the Impax Gender Analytics Team.
David has worked in sustainable investing since 1998. Before joining Impax in 2007, he served as Senior Social Research Analyst at Citizens Advisers and as a Senior Account Manager at the Investor Responsibility Research Center. He is a former member of the Evangelical Lutheran Church in America (ELCA) Advisory Committee on Corporate Social Responsibility and the Sustainable Investment Research Analyst Network’s steering committee.
David is a graduate of Bowdoin College.
How companies and investors can spot bias in technology and take steps to eradicate it.
Nana joined Impax in 2022, and is responsible for leading Impax’s sustainability and ESG research and advocacies in Asia-Pacific.
Nana researches, prioritizes and organizes ESG engagements with Impax’s investee companies, manages external sustainability and ESG-related inquiries, and assists in the ongoing development of the Impax proprietary ESG-analysis and methodologies.
Prior to joining Impax Nana worked as the Research and Project Director, covering China, at the Asian Corporate Governance Association (ACGA). At ACGA, Nana published five significant reports relating to corporate governance research in Asia. Whilst there she also presented to the Shanghai and Shenzhen stock exchanges, the Shenzhen Asset Management Association, and spoke at international conferences hosted by a number of financial institutions and international organisations, including Emerging Markets Investors Alliance, GRI, AmCham Shanghai, and the International Corporate Governance Network.
Nana has an MBA from the University of Chicago (Honors), a Master of Finance from the University of Hong Kong (Dean’s List), and a Bachelor of Commerce from the University of New South Wales (Distinction). She is a CFA charterholder.