Impax Asset Management: Annual reconstruction of the Impax Global Women’s Leadership Index completed
PORTSMOUTH, NH, December 15, 2021 – Impax Asset Management LLC, the North American division of Impax Asset Management Group and investment advisor to Pax World Funds, today announced the results of the December 2021 replenishment of the Impax Global Women’s Leadership Index (the index).
The Impax Global Women’s Leadership Index is the first index composed of the world’s highest-rated companies for the advancement of women. Impax Gender Analytics assesses companies on several factors: the representation of women on the board of directors; representation of women in executive management; hiring, promotion and retention of women; transparency of data on gender diversity; gender pay equity; the presence of proactive gender objectives and targets; and if they are UN signatories Principles of Women’s Empowerment. * Index companies also meet environmental, social and governance (ESG) thresholds, and the index excludes arms, tobacco and fossil fuel companies.
A Exhaustive list changes to the index, including additions and deletions, has been published on the Impax Asset Management website. Sixty-seven stocks will be added to the Index and 43 will be removed following the annual replenishment.
About Impax Asset Management
Founded in 1998, Impax is a specialized asset manager, with approximately $ 53.3 billion as of October 31, 2021, in listed and private market strategies, investing in the opportunities arising from the transition to a more sustainable global economy.
Impax believes that capital markets will be deeply shaped by global sustainability challenges, including climate change, pollution and critical investments in human capital, infrastructure and resource efficiency. These trends will stimulate the growth of well-positioned companies and create risks for those that cannot or do not want to adapt.
The company seeks to invest in high quality companies with strong business models that demonstrate sound risk management. Impax offers a full range of investment solutions covering several asset classes seeking superior risk-adjusted returns in the medium and long term.
Impax has approximately 225 employees across six offices in the UK, US, Ireland and Hong Kong, making it one of the largest investment teams in the development investment management industry. sustainable.
* A joint initiative of the United Nations Global Compact and UN Women
Impax Asset Management LLC, formerly Pax World Management LLC, is the investment advisor to Pax World Funds.
You should always carefully consider the investment objectives, risks, fees and expenses of Pax World Funds before investing. For this and other important information, please obtain a fund prospectus by calling 800.767.1729 or visiting www.impaxam.com. Please read it carefully before investing.
The investment techniques and decisions of the Fund’s investment adviser and portfolio manager (s), including the investment adviser’s assessment of a company’s ESG (environment, social and governance) profile when selecting investments for the Fund, may not produce the desired results and may have a negative impact on the performance of the Fund, including compared to other Funds which do not take ESG factors into account or which manage to different conclusions regarding these factors.
Investments involve risks, including a potential loss of capital.
The statements and opinions expressed in media mentions are those of the authors and as of the date of publication.
Copyright © 2021 Impax Asset Management LLC, formerly Pax World Management LLC. All rights reserved. Pax World funds are distributed by Foreside Financial Services, LLC. Member: FINRA. Foreside Financial Services, LLC. is not affiliated with Impax Asset Management LLC.