Type: Aligned Investments
Topic: Agriculture, Buildings & Housing, Carbon Capture & Storage, Clean Transportation, Energy Efficiency, Renewable Energy, Technology, Water
Status: Current
The Ninety One Global Environment Strategy is a concentrated portfolio emphasizing the structural growth opportunities from decarbonization across the global economy such as in renewable energy, resource efficiency and other sectors. Their objective is to outperform the MSCI ACW Index and to build a portfolio with quantifiable carbon-avoidant impact. Ninety One is Net Zero committed by 2050.
Investment
$20 million; originated in April 2022
Rationale
As a part of our Net Zero commitment, we look for investments that not only align with our values and mission, but also help us achieve our environmental impact goals. The Ninety One Global Environment Fund is a high-conviction investment due to their focus on global decarbonization and focused approach on the sustainable energy transition. The long-term investment horizon of this strategy along with its proprietary research in the developing environment sector is promising for an emission-avoidant world and strong financial returns.
Benchmark
MSCI ACWI
Returns
Too early to evaluate.
Lessons Learned
Too early to report.
Disclaimer of Endorsement: The McKnight Foundation does not endorse or recommend any commercial products, processes, or service providers.
Last updated 10/2022