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 heads the global sustainability and stewardship team at Impax. She is responsible for the oversight and development of sustainability research and methodologies, including the Impax Sustainability Lens and the firm’s proprietary ESG analysis, as well as overseeing Impax’s stewardship work. She is the Chair of Impax’s ESG and Sustainability Lens committees and Co-Heads the firm’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.
She is actively participating in industry working groups and advisory councils furthering sustainable practices within corporate governance, climate, diversity and ESG standard setting in 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.
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In this year’s report, we summarise our engagement activities and policy advocacy work in 2021, and outline our key focus areas looking ahead.
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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 Impax 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.
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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 Impax 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.
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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.