Most of our private equity investments are into projects, not operating companies per se, however all of our projects and investments need to obtain (and continue to be in compliance with) rigorous EU environmental permits and adhere to our ESG policy.
Impax's latest renewable energy fund "NEF III" has been awarded the independently audited Novethic Energy and Ecological Transition for the Climate, (EETC), green label due to these three assessed pillars:
- Pillar 1: Fund's objectives and methodologies for the selection of assets contributing to the energy and ecological transition.
- Pillar 2: Consideration of ESG criteria in the construction and life of the portfolio
- Pillar 3: Highlighting positive impact on energy and ecological transition