Impax Environmental Markets (IEM) is set to adopt the ‘Sustainability Impact’ label from 27 November 2024 under the FCA’s Sustainability Disclosure Requirements (SDR).
This comes as the board agreed that Impax Asset Management’s investment strategy for IEM qualifies for the Sustainability Impact label. IEM focuses on sustainable investment returns from companies that provide solutions to environmental challenges.
There will be no change to IAM’s investment process.
Glen Suarez, chairman at IAM, said: “We are delighted to adopt the ‘Sustainability Impact’ label. In an evolving area of regulation, we have worked hard with our investment manager to review the process and requirements.
“Investors seeking exposure to the long-term structural themes of environmental solutions with a rigorous investment process will find the label attractive and observe the confidence that the board has in those themes.”
