Sustainability is a key priority for us a Milltrust and nowhere is this truer than in the realms of climate change where the imperative to tackle global warming through the adoption of new and sustainable technologies has become critical.
It’s the final call to save the world from climate catastrophe. Whilst the challenges are high, keeping warming below 1.5°C by the end of the century is still feasible according to the IPCC. However, with every decade lost, these challenges rise and will, at some point, become insurmountable with warming locked into 2°C and above.
The Asia-Pacific region is responsible for almost half of global carbon dioxide emissions and is the region most exposed to climate risks. But the region also houses significant opportunity to invest in world-leading companies working on climate impact solutions
The Time to Act is Now
Mlltrust’s Climate Impact Asia Investments are managed in partnership with WWF-Hong Kong who serves as the environmental consultant and is a key member of the Investment Committee, monitoring the investment’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 our investment impact.
Milltrust’s Climate Impact Asia investments pursue a long only equity ESG and impact investment strategy, investing in the leading Asian-listed companies that are involved in activities which enable the adaptation to, or mitigation of, climate change, and the transition to the low carbon economy.
As part of the strategy, Milltrust also makes meaningful fee-based impact donations to WWF-Hong Kong in support of its local and regional biodiversity and species-extinction conservation programmes in Asia.
Renewable energy capacity in Asia continues to grow steadily, in particular in China and India. China’s renewable generation capacity grew from 480 GW in 2015 to just under 700 GW in 2018.
China has installed the largest waste to energy capacity of any country globally, now equivalent to 40% of all OECD countries combined, and growing. Other countries in Asia are developing similar environmental services.
Asia is currently home to 4.5 billion people, who use ~ 65% of the world’s water supply. An estimated 30% of Asia's population is already facing water scarcity with demand for water expected to increase exponentially.
China dominates the market for EVs. Roughly a million electric vehicles were sold in 2018—more than the rest of the world combined. In 2019 the government upped its goal for “new energy vehicles” to 25% of new car sales by 2025.
China has proposed ambitious plans to promote smarter energy use in urban cities, requiring that 50% of all new urban buildings be “certified green buildings”, increasing the energy efficiency opportunities in the region.
As climate change and other environmental issues become a growing concern for Asian consumers, sustainable products are now more popular in the region than ever before. In 2017, the total volume of green purchases made at leading Chinese e-commerce retailers increased by 71 per cent with almost half of the sales made by millennials aged 26 to 35.
Milltrust’s Climate Impact Asia investments actively seek to maximize its alignment to the UN Sustainable Development Goals (SDGs). Achieving the SDGs requires the partnership of governments, private sector, civil society and citizens alike to make sure we leave a better planet for future generations. Milltrust’s Climate Impact Asia investments’ primary SDG alignment focus is on:
Adopted by all United Nations Member States in 2015 as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030
Take urgent action to combat climate change and its impacts.
Safe and affordable drinking water for all by 2030 requires we invest in adequate infrastructure, provide sanitation facilities, and encourage hygiene.
Ensure access to affordable, reliable, sustainable and modern energy for all.
Make cities and human settlements inclusive, safe, resilient and sustainable.
Ensure sustainable consumption and production patterns
Conserve and sustainably use the oceans, seas and marine resources for sustainable development.
Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.
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.
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