SlideShare ist ein Scribd-Unternehmen logo
1 von 2
Financing the Circular Economy
Powerful drivers for resource efficiency, environmental solutions & impact
CLEAR INVESTMENT
• Increasing population
• Infrastructure deficit
Impax Specialists Strategy:
Environmental impact of £10m investment
Drivers & opportunities Environmental impact
• Finite natural resources
• Pollution
Find out more at impaxam.com
Important information
Disclaimer
This document has been approved by Impax Asset Management Limited and Impax Asset Management (AIFM) Limited (“ Impax”, authorised and regulated by the Financial Conduct Authority). Both companies are
wholly owned subsidiaries of Impax Asset Management Group plc. This document is solely for the use of professionals, defined as Eligible Counterparties or Professional clients. The information and any
opinions contained in this document have been compiled in good faith, but no representation or warranty, express or implied, is made to their accuracy, completeness or correctness. Impax, its officers, employees,
representatives and agents expressly advise that they shall not be liable in any respect whatsoever for any loss or damage, whether direct, indirect, consequential or otherwise however arising (whether in negligence
or otherwise) out of or in connection with the contents of or any omissions from this document. This document does not constitute an offer to sell, purchase, subscribe for or otherwise invest in units or shares of any
fund managed by Impax. It may not be relied upon as constituting any form of investment advice and prospective investors are advised to ensure that they obtain appropriate independent professional advice before
making any investment in any such fund. Any offering is made only pursuant to the relevant offering document and the relevant subscription application, all of which must be read in their entirety. Prospective investors
should review the offering memorandum, including the risk factors in the offering memorandum, before making a decision to invest. Past performance of a fund or strategy is no guarantee as to its performance in the
future. This document is not an advertisement and is not intended for public use or distribution.
CLEAR INVESTMENT

Weitere ähnliche Inhalte

Mehr von World Circular Economy Forum

Nora Clinton & Monica Koncz-MacKenzie WCEF2019: Circular Economy & Life-long ...
Nora Clinton & Monica Koncz-MacKenzie WCEF2019: Circular Economy & Life-long ...Nora Clinton & Monica Koncz-MacKenzie WCEF2019: Circular Economy & Life-long ...
Nora Clinton & Monica Koncz-MacKenzie WCEF2019: Circular Economy & Life-long ...World Circular Economy Forum
 
Jelmer Hoogzaad WCEF2019: Targeted action to advance circularity, guided by m...
Jelmer Hoogzaad WCEF2019: Targeted action to advance circularity, guided by m...Jelmer Hoogzaad WCEF2019: Targeted action to advance circularity, guided by m...
Jelmer Hoogzaad WCEF2019: Targeted action to advance circularity, guided by m...World Circular Economy Forum
 
Arturo de la Fuente WCEF2019: Challenges for measuring the circular economy
Arturo de la Fuente WCEF2019: Challenges for measuring the circular economyArturo de la Fuente WCEF2019: Challenges for measuring the circular economy
Arturo de la Fuente WCEF2019: Challenges for measuring the circular economyWorld Circular Economy Forum
 
Barbara Dewulf WCEF2019: Towards a circular and dynamic built environment in ...
Barbara Dewulf WCEF2019: Towards a circular and dynamic built environment in ...Barbara Dewulf WCEF2019: Towards a circular and dynamic built environment in ...
Barbara Dewulf WCEF2019: Towards a circular and dynamic built environment in ...World Circular Economy Forum
 
Jeremy Gibberd WCEF2019: African built environment circular economy applications
Jeremy Gibberd WCEF2019: African built environment circular economy applicationsJeremy Gibberd WCEF2019: African built environment circular economy applications
Jeremy Gibberd WCEF2019: African built environment circular economy applicationsWorld Circular Economy Forum
 
Zeenat Niazi WCEF2019: A circular building trip around the world: Regional re...
Zeenat Niazi WCEF2019: A circular building trip around the world: Regional re...Zeenat Niazi WCEF2019: A circular building trip around the world: Regional re...
Zeenat Niazi WCEF2019: A circular building trip around the world: Regional re...World Circular Economy Forum
 
Martin Stuchtey WCEF2019: The built environment as a key sector for a circula...
Martin Stuchtey WCEF2019: The built environment as a key sector for a circula...Martin Stuchtey WCEF2019: The built environment as a key sector for a circula...
Martin Stuchtey WCEF2019: The built environment as a key sector for a circula...World Circular Economy Forum
 
Antti Vasara WCEF2019: VTT solutions for the plastics challenge
Antti Vasara WCEF2019: VTT solutions for the plastics challengeAntti Vasara WCEF2019: VTT solutions for the plastics challenge
Antti Vasara WCEF2019: VTT solutions for the plastics challengeWorld Circular Economy Forum
 
Anthony Cox WCEF2019: Overview of world trade and the circular economy
Anthony Cox WCEF2019: Overview of world trade and the circular economyAnthony Cox WCEF2019: Overview of world trade and the circular economy
Anthony Cox WCEF2019: Overview of world trade and the circular economyWorld Circular Economy Forum
 
Asleigh Morris WCEF2019: Circular economy roadmaps
Asleigh Morris WCEF2019: Circular economy roadmapsAsleigh Morris WCEF2019: Circular economy roadmaps
Asleigh Morris WCEF2019: Circular economy roadmapsWorld Circular Economy Forum
 
Damiano Avellino WCEF2019: New economic opportunities from circularity
Damiano Avellino WCEF2019: New economic opportunities from circularityDamiano Avellino WCEF2019: New economic opportunities from circularity
Damiano Avellino WCEF2019: New economic opportunities from circularityWorld Circular Economy Forum
 
Pekka Lundmark WCEF2019: From resource overuse to circularity
Pekka Lundmark WCEF2019: From resource overuse to circularityPekka Lundmark WCEF2019: From resource overuse to circularity
Pekka Lundmark WCEF2019: From resource overuse to circularityWorld Circular Economy Forum
 
Wayne Hubbard WCEF2019: Circular Economy in Cities
Wayne Hubbard WCEF2019: Circular Economy in CitiesWayne Hubbard WCEF2019: Circular Economy in Cities
Wayne Hubbard WCEF2019: Circular Economy in CitiesWorld Circular Economy Forum
 
Kirsten Dunlop WCEF2019: Cities leading the change... an orchestrators' persp...
Kirsten Dunlop WCEF2019: Cities leading the change... an orchestrators' persp...Kirsten Dunlop WCEF2019: Cities leading the change... an orchestrators' persp...
Kirsten Dunlop WCEF2019: Cities leading the change... an orchestrators' persp...World Circular Economy Forum
 
Piia Maaranen WCEF2019: Hands on venturing program for building new businesse...
Piia Maaranen WCEF2019: Hands on venturing program for building new businesse...Piia Maaranen WCEF2019: Hands on venturing program for building new businesse...
Piia Maaranen WCEF2019: Hands on venturing program for building new businesse...World Circular Economy Forum
 
Tessa Clarke WCEF2019: Food for thought: can sharing save the world?
Tessa Clarke WCEF2019: Food for thought: can sharing save the world?Tessa Clarke WCEF2019: Food for thought: can sharing save the world?
Tessa Clarke WCEF2019: Food for thought: can sharing save the world?World Circular Economy Forum
 
Jelloul Bouguila World Circular Economy Forum 2017 Helsinki Finland
Jelloul Bouguila World Circular Economy Forum 2017 Helsinki FinlandJelloul Bouguila World Circular Economy Forum 2017 Helsinki Finland
Jelloul Bouguila World Circular Economy Forum 2017 Helsinki FinlandWorld Circular Economy Forum
 
Ashok Khosla World Circular Economy Forum 2017 Helsinki Finland
Ashok Khosla World Circular Economy Forum 2017 Helsinki FinlandAshok Khosla World Circular Economy Forum 2017 Helsinki Finland
Ashok Khosla World Circular Economy Forum 2017 Helsinki FinlandWorld Circular Economy Forum
 

Mehr von World Circular Economy Forum (20)

Jamie Butterworth WCEF2019:
Jamie Butterworth WCEF2019: Jamie Butterworth WCEF2019:
Jamie Butterworth WCEF2019:
 
Nora Clinton & Monica Koncz-MacKenzie WCEF2019: Circular Economy & Life-long ...
Nora Clinton & Monica Koncz-MacKenzie WCEF2019: Circular Economy & Life-long ...Nora Clinton & Monica Koncz-MacKenzie WCEF2019: Circular Economy & Life-long ...
Nora Clinton & Monica Koncz-MacKenzie WCEF2019: Circular Economy & Life-long ...
 
Stientje van Veldhoven WCEF2019: Metrics and Data
Stientje van Veldhoven WCEF2019: Metrics and DataStientje van Veldhoven WCEF2019: Metrics and Data
Stientje van Veldhoven WCEF2019: Metrics and Data
 
Jelmer Hoogzaad WCEF2019: Targeted action to advance circularity, guided by m...
Jelmer Hoogzaad WCEF2019: Targeted action to advance circularity, guided by m...Jelmer Hoogzaad WCEF2019: Targeted action to advance circularity, guided by m...
Jelmer Hoogzaad WCEF2019: Targeted action to advance circularity, guided by m...
 
Arturo de la Fuente WCEF2019: Challenges for measuring the circular economy
Arturo de la Fuente WCEF2019: Challenges for measuring the circular economyArturo de la Fuente WCEF2019: Challenges for measuring the circular economy
Arturo de la Fuente WCEF2019: Challenges for measuring the circular economy
 
Barbara Dewulf WCEF2019: Towards a circular and dynamic built environment in ...
Barbara Dewulf WCEF2019: Towards a circular and dynamic built environment in ...Barbara Dewulf WCEF2019: Towards a circular and dynamic built environment in ...
Barbara Dewulf WCEF2019: Towards a circular and dynamic built environment in ...
 
Jeremy Gibberd WCEF2019: African built environment circular economy applications
Jeremy Gibberd WCEF2019: African built environment circular economy applicationsJeremy Gibberd WCEF2019: African built environment circular economy applications
Jeremy Gibberd WCEF2019: African built environment circular economy applications
 
Zeenat Niazi WCEF2019: A circular building trip around the world: Regional re...
Zeenat Niazi WCEF2019: A circular building trip around the world: Regional re...Zeenat Niazi WCEF2019: A circular building trip around the world: Regional re...
Zeenat Niazi WCEF2019: A circular building trip around the world: Regional re...
 
Martin Stuchtey WCEF2019: The built environment as a key sector for a circula...
Martin Stuchtey WCEF2019: The built environment as a key sector for a circula...Martin Stuchtey WCEF2019: The built environment as a key sector for a circula...
Martin Stuchtey WCEF2019: The built environment as a key sector for a circula...
 
Antti Vasara WCEF2019: VTT solutions for the plastics challenge
Antti Vasara WCEF2019: VTT solutions for the plastics challengeAntti Vasara WCEF2019: VTT solutions for the plastics challenge
Antti Vasara WCEF2019: VTT solutions for the plastics challenge
 
Anthony Cox WCEF2019: Overview of world trade and the circular economy
Anthony Cox WCEF2019: Overview of world trade and the circular economyAnthony Cox WCEF2019: Overview of world trade and the circular economy
Anthony Cox WCEF2019: Overview of world trade and the circular economy
 
Asleigh Morris WCEF2019: Circular economy roadmaps
Asleigh Morris WCEF2019: Circular economy roadmapsAsleigh Morris WCEF2019: Circular economy roadmaps
Asleigh Morris WCEF2019: Circular economy roadmaps
 
Damiano Avellino WCEF2019: New economic opportunities from circularity
Damiano Avellino WCEF2019: New economic opportunities from circularityDamiano Avellino WCEF2019: New economic opportunities from circularity
Damiano Avellino WCEF2019: New economic opportunities from circularity
 
Pekka Lundmark WCEF2019: From resource overuse to circularity
Pekka Lundmark WCEF2019: From resource overuse to circularityPekka Lundmark WCEF2019: From resource overuse to circularity
Pekka Lundmark WCEF2019: From resource overuse to circularity
 
Wayne Hubbard WCEF2019: Circular Economy in Cities
Wayne Hubbard WCEF2019: Circular Economy in CitiesWayne Hubbard WCEF2019: Circular Economy in Cities
Wayne Hubbard WCEF2019: Circular Economy in Cities
 
Kirsten Dunlop WCEF2019: Cities leading the change... an orchestrators' persp...
Kirsten Dunlop WCEF2019: Cities leading the change... an orchestrators' persp...Kirsten Dunlop WCEF2019: Cities leading the change... an orchestrators' persp...
Kirsten Dunlop WCEF2019: Cities leading the change... an orchestrators' persp...
 
Piia Maaranen WCEF2019: Hands on venturing program for building new businesse...
Piia Maaranen WCEF2019: Hands on venturing program for building new businesse...Piia Maaranen WCEF2019: Hands on venturing program for building new businesse...
Piia Maaranen WCEF2019: Hands on venturing program for building new businesse...
 
Tessa Clarke WCEF2019: Food for thought: can sharing save the world?
Tessa Clarke WCEF2019: Food for thought: can sharing save the world?Tessa Clarke WCEF2019: Food for thought: can sharing save the world?
Tessa Clarke WCEF2019: Food for thought: can sharing save the world?
 
Jelloul Bouguila World Circular Economy Forum 2017 Helsinki Finland
Jelloul Bouguila World Circular Economy Forum 2017 Helsinki FinlandJelloul Bouguila World Circular Economy Forum 2017 Helsinki Finland
Jelloul Bouguila World Circular Economy Forum 2017 Helsinki Finland
 
Ashok Khosla World Circular Economy Forum 2017 Helsinki Finland
Ashok Khosla World Circular Economy Forum 2017 Helsinki FinlandAshok Khosla World Circular Economy Forum 2017 Helsinki Finland
Ashok Khosla World Circular Economy Forum 2017 Helsinki Finland
 

Kürzlich hochgeladen

Thirunelveli call girls Tamil escorts 7877702510
Thirunelveli call girls Tamil escorts 7877702510Thirunelveli call girls Tamil escorts 7877702510
Thirunelveli call girls Tamil escorts 7877702510Vipesco
 
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdf
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdfThe workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdf
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdfSenaatti-kiinteistöt
 
Causes of poverty in France presentation.pptx
Causes of poverty in France presentation.pptxCauses of poverty in France presentation.pptx
Causes of poverty in France presentation.pptxCamilleBoulbin1
 
Sector 62, Noida Call girls :8448380779 Noida Escorts | 100% verified
Sector 62, Noida Call girls :8448380779 Noida Escorts | 100% verifiedSector 62, Noida Call girls :8448380779 Noida Escorts | 100% verified
Sector 62, Noida Call girls :8448380779 Noida Escorts | 100% verifiedDelhi Call girls
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...amilabibi1
 
Aesthetic Colaba Mumbai Cst Call girls 📞 7738631006 Grant road Call Girls ❤️-...
Aesthetic Colaba Mumbai Cst Call girls 📞 7738631006 Grant road Call Girls ❤️-...Aesthetic Colaba Mumbai Cst Call girls 📞 7738631006 Grant road Call Girls ❤️-...
Aesthetic Colaba Mumbai Cst Call girls 📞 7738631006 Grant road Call Girls ❤️-...Pooja Nehwal
 
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfAWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfSkillCertProExams
 
Busty Desi⚡Call Girls in Sector 51 Noida Escorts >༒8448380779 Escort Service-...
Busty Desi⚡Call Girls in Sector 51 Noida Escorts >༒8448380779 Escort Service-...Busty Desi⚡Call Girls in Sector 51 Noida Escorts >༒8448380779 Escort Service-...
Busty Desi⚡Call Girls in Sector 51 Noida Escorts >༒8448380779 Escort Service-...Delhi Call girls
 
My Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle BaileyMy Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle Baileyhlharris
 
lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lodhisaajjda
 
If this Giant Must Walk: A Manifesto for a New Nigeria
If this Giant Must Walk: A Manifesto for a New NigeriaIf this Giant Must Walk: A Manifesto for a New Nigeria
If this Giant Must Walk: A Manifesto for a New NigeriaKayode Fayemi
 
Digital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalDigital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalFabian de Rijk
 
Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoKayode Fayemi
 
Dreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIIDreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIINhPhngng3
 
Report Writing Webinar Training
Report Writing Webinar TrainingReport Writing Webinar Training
Report Writing Webinar TrainingKylaCullinane
 
Dreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video TreatmentDreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video Treatmentnswingard
 
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptx
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptxChiulli_Aurora_Oman_Raffaele_Beowulf.pptx
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptxraffaeleoman
 

Kürzlich hochgeladen (18)

ICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdfICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdf
 
Thirunelveli call girls Tamil escorts 7877702510
Thirunelveli call girls Tamil escorts 7877702510Thirunelveli call girls Tamil escorts 7877702510
Thirunelveli call girls Tamil escorts 7877702510
 
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdf
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdfThe workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdf
The workplace ecosystem of the future 24.4.2024 Fabritius_share ii.pdf
 
Causes of poverty in France presentation.pptx
Causes of poverty in France presentation.pptxCauses of poverty in France presentation.pptx
Causes of poverty in France presentation.pptx
 
Sector 62, Noida Call girls :8448380779 Noida Escorts | 100% verified
Sector 62, Noida Call girls :8448380779 Noida Escorts | 100% verifiedSector 62, Noida Call girls :8448380779 Noida Escorts | 100% verified
Sector 62, Noida Call girls :8448380779 Noida Escorts | 100% verified
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
 
Aesthetic Colaba Mumbai Cst Call girls 📞 7738631006 Grant road Call Girls ❤️-...
Aesthetic Colaba Mumbai Cst Call girls 📞 7738631006 Grant road Call Girls ❤️-...Aesthetic Colaba Mumbai Cst Call girls 📞 7738631006 Grant road Call Girls ❤️-...
Aesthetic Colaba Mumbai Cst Call girls 📞 7738631006 Grant road Call Girls ❤️-...
 
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfAWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
 
Busty Desi⚡Call Girls in Sector 51 Noida Escorts >༒8448380779 Escort Service-...
Busty Desi⚡Call Girls in Sector 51 Noida Escorts >༒8448380779 Escort Service-...Busty Desi⚡Call Girls in Sector 51 Noida Escorts >༒8448380779 Escort Service-...
Busty Desi⚡Call Girls in Sector 51 Noida Escorts >༒8448380779 Escort Service-...
 
My Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle BaileyMy Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle Bailey
 
lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.
 
If this Giant Must Walk: A Manifesto for a New Nigeria
If this Giant Must Walk: A Manifesto for a New NigeriaIf this Giant Must Walk: A Manifesto for a New Nigeria
If this Giant Must Walk: A Manifesto for a New Nigeria
 
Digital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalDigital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of Drupal
 
Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac Folorunso
 
Dreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIIDreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio III
 
Report Writing Webinar Training
Report Writing Webinar TrainingReport Writing Webinar Training
Report Writing Webinar Training
 
Dreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video TreatmentDreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video Treatment
 
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptx
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptxChiulli_Aurora_Oman_Raffaele_Beowulf.pptx
Chiulli_Aurora_Oman_Raffaele_Beowulf.pptx
 

Lisa Beauvilain World Circular Economy Forum 2017 Helsinki Finland

  • 1. Financing the Circular Economy Powerful drivers for resource efficiency, environmental solutions & impact CLEAR INVESTMENT • Increasing population • Infrastructure deficit Impax Specialists Strategy: Environmental impact of £10m investment Drivers & opportunities Environmental impact • Finite natural resources • Pollution Find out more at impaxam.com
  • 2. Important information Disclaimer This document has been approved by Impax Asset Management Limited and Impax Asset Management (AIFM) Limited (“ Impax”, authorised and regulated by the Financial Conduct Authority). Both companies are wholly owned subsidiaries of Impax Asset Management Group plc. This document is solely for the use of professionals, defined as Eligible Counterparties or Professional clients. The information and any opinions contained in this document have been compiled in good faith, but no representation or warranty, express or implied, is made to their accuracy, completeness or correctness. Impax, its officers, employees, representatives and agents expressly advise that they shall not be liable in any respect whatsoever for any loss or damage, whether direct, indirect, consequential or otherwise however arising (whether in negligence or otherwise) out of or in connection with the contents of or any omissions from this document. This document does not constitute an offer to sell, purchase, subscribe for or otherwise invest in units or shares of any fund managed by Impax. It may not be relied upon as constituting any form of investment advice and prospective investors are advised to ensure that they obtain appropriate independent professional advice before making any investment in any such fund. Any offering is made only pursuant to the relevant offering document and the relevant subscription application, all of which must be read in their entirety. Prospective investors should review the offering memorandum, including the risk factors in the offering memorandum, before making a decision to invest. Past performance of a fund or strategy is no guarantee as to its performance in the future. This document is not an advertisement and is not intended for public use or distribution. CLEAR INVESTMENT