Impax Environmental Leaders (Ireland) - rating retained
The managers of the Impax Environmental Leaders Fund (IELF) fund aim to invest in companies that provide products and/or services that contribute to one of their six environmental themes. To this end, the fund has achieved a near 80% exposure to companies which 3D classify as providing a material positive environmental or social impact. Additionally, the fund is successful in reducing its exposure to controversial practices and activities. As with all Impax funds, the IELF fund benefits from strong engagement processes and leadership in the RI sector at a company-level.