Milltrust International Group (Milltrust) is proud to announce the recent launch of The Climate Impact Asia Fund in collaboration with Environmental Investment Services Asia Limited (EISAL) and WWF-Hong Kong (WWF-HK).
The Asia-Pacific region is responsible for almost half of global carbon dioxide emissions, and is the region most exposed to climate risks. The region houses significant opportunity to invest in world leading companies working on climate impact solutions.
The fund, targeting a size of USD 500m, invests in the leading Asian-listed companies making a positive impact against climate change. These are companies focused on delivering sustainable long-term returns and which provide a positive impact against climate change through specific solutions including but not limited to renewable energy, environmental services, water treatment and distribution, low-carbon transportation and energy management services.
In addition to its objective of maximising shareholder returns, and to further its environmental mandate, the fund also makes revenue-based donations to support WWF-HK’s local and Asian Regional conservation programmes. These programmes are in line with the United Nations Sustainable Development Goals and have a particular focus on SDGs 14 and 15, namely Life Below Water and Life on Land.
WWF-HK serves as the environmental consultant to the fund and is a key member of the Investment Advisory Committee, monitoring the fund’s climate objectives, providing environmental expertise and deep knowledge on climate policies, and providing access to a global network of contacts from academia, industry, government, and civil society to enhance the fund’s impact.
Alexander Kalis, Managing Partner at Milltrust and Investment Advisor to the Fund, said: “Time is running out for urgent climate action. It is imperative to mobilise the investment world to take action to solve our climate emergency. We are thrilled to partner with the environmental investment specialists at EISAL and to benefit from the active collaboration with WWF-Hong Kong on The Climate Impact Asia Fund. The fund will give professional investors around the world the opportunity to invest and make a difference.”
Jeremy Higgs, Managing Director at EISAL and Investment Manager to the Fund, said: “Through our long experience managing environmental investments in Asia, there has never been a better time to find market-leading and innovative companies that can not only deliver strong performance but also make a real impact against climate change and other environmental issues. Through our De-carbon Asia Impact Investing Index, we have proven that a portfolio of low-carbon environmental goods and services companies can deliver superior performance. We are excited about the strong partnership established with Milltrust and look forward to collaborating with the Environmental Finance Team at WWF-Hong Kong for this initiative.”
Jean-Marc Champagne, Head of Environmental Finance at WWF-HK said: “Our mission is to encourage financial flows into investments that make a positive impact on the environment. We are delighted to collaborate with Milltrust and EISAL on this important initiative, and we look forward to supporting the fund’s efforts to address climate and biodiversity issues.”
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About Milltrust International Group
Milltrust International Group is a specialist investment organisation, co-headquartered in the asset management hubs of London and Singapore, with regional offices in some of the most dynamic markets in the world. Milltrust offers unique and sustainable investment solutions which aim to provide genuinely differentiated alpha to investors.
The Climate Impact Asia Fund’s Investment Advisor, Milltrust International LLP, is regulated by the Financial Conduct Authority in the United Kingdom and serves as investment manager and investment adviser to a range of institutional investment solutions focused on Global Emerging Markets, Agriculture, Science, Technology & Innovation, Climate Change, and other sustainable impact investments.
About Environmental Investment Services Asia Limited
EISAL is a specialist environmental investment management company based in Hong Kong, founded by Jeremy Higgs in 2009. In 2018, Hong Kong-listed corporate financial services group Somerley Capital Holdings Ltd. became EISAL’s majority shareholder. EISAL is licensed by Hong Kong’s Securities and Futures Commission and is also authorised by the Central Bank of Ireland to provide investment management services to Irish funds.
The World Wide Fund for Nature (WWF) is an independent conservation organization, with over 30 million followers and a global network active in nearly 100 countries. WWF’s mission is to stop the degradation of the Earth’s natural environment and to build a future in which humans live in harmony with nature, by conserving the world’s biological diversity, ensuring that the use of renewable nature resources is sustainable, and promoting the reduction of pollution and wasteful consumption. WWF-Hong Kong, established in 1981, maintains a vision to transform the territory into Asia’s most sustainable city. WWF-Hong Kong’s Environmental Finance team drives economically viable solutions for climate, species, and habitats.
Milltrust International Group
6 Stratton Street
London W1J 8LD
T: +44 (0)20 8123 8316
E: [email protected]
77B Tras Street
T: +65 6225 3052
E: [email protected]
Environmental Investment Services Asia Limited
Room 1903 Wilson House
19-27 Wyndham Street
Central, Hong Kong
T: +852 2877 0088
E: [email protected]