Impax's Specialist and Leaders strategies have developed an impact measurement framework for measuring positive environmental impact through the investee companies' end products and services. The KPIs are: 1. Net carbon emissions, 2. renewable energy generated, 3. water saved and treated and 4. materials recycled and recovered.
The Net Carbon Emissions calculation entails a full carbon footprinting, but then calculating the carbon emissions avoided through the production and sales of environmental products and services by our investee companies. In 2016, the Specialist and Leaders strategies had both more carbon avoided than emitted on aggregate by the investee companies. This methodology, measurement and data has been assured by EY.
In 2016, we additionally calculated how this net carbon avoidance compared to investments into portfolios representing the global economy today and the 2 degree global economy that the Paris Climate Agreement requires, for comparison.