Impax has been awarded A+ and A scores across all applicable categories in the UN-backed Principles for Responsible Investment (PRI) assessment report of Environmental, Social and Governance (ESG) integration efforts.
The Group is rated above the peer median in every category and obtained the highest score, A+, for its overarching approach to ESG strategy and governance. In addition, Impax earned an A+ for ESG integration in Private Equity achieving 30 stars out of a maximum of 30. The PRI also rated Impax A+ across all applicable Listed Equity categories and the Group improved its score to A for all Fixed income categories.
Consistently awarded top scores
We are proud to have maintained our top ESG ratings from the PRI, to which we have been a signatory since 2008. This result is testament to our best practices across all aspects of the management of our listed and private equity investments. ESG considerations are embedded within our rigorous ten step investment process for listed equities and failure by a company to reach the required ESG score will preclude our investment. We see Impax’s consistently outstanding PRI scores as recognition of our leading approach to investing in the transition to a more sustainable economy. We recognise that more can always be done and use the PRI assessment every year to continuously improve our ESG practices.
The PRI principles
The scorecard is compiled by the United Nations-backed PRI on an annual basis to assess the ESG and sustainability credentials of firms in the investment industry, in order to promote its key objectives. It has six core principles, led by a commitment to ESG factors in the investment process.
Further details on the Impax’s comprehensive approach to ESG can be found in our ESG policy.
Read the full report here