Why M&G Catalyst chose to invest in Climeworks

  • |
  • 01 mins 48 secs

Learning: Unstructured

M&G Catalyst portfolio company Climeworks, has been selected by the US Department of Energy to move forward with a direct air capture project in Louisiana. The aim is to remove one million tonnes of CO2 a year from the atmosphere: one of two projects sharing $1.2 billion in federal funding under the Bipartisan Infrastructure Law. In this video, head of Catalyst EMEA Zachary Webb explains why we chose to invest in Climeworks back in early 2022:
Channel: Sustainable Investing Hub

Speaker 0:
when we scour the planet trying to find those most purposeful businesses and management teams, we really want to try to find the ones that have the biggest scale potential. That's the core of our purpose and mission. The carbon capture industry is so nascent. We've got very high conviction


Speaker 0:
that this is going to be a massive sector. We believe that, um, climb works is both a revolutionary business, but it's also a market leader.


Speaker 1:
If we want to reach Net zero, we not only need to reduce our emissions by about 90% but we also need to actively remove whatever is still in the atmosphere. We are big friends of planting trees. Unfortunately, it's not enough to solve the problem. We take CO two out of the air and we turn it to Stone. We're moving it permanently from the atmosphere.


Speaker 1:
Our ambition is to in this decade get to a scale where one plant on itself can remove about 1 million tonnes of CO two from the atmosphere every year and then build 1000 of these plants until 2050. So the ideal investor for me is somebody who really understands technology and hardware. But


Speaker 1:
also an investor who has, um, patient capital, right, who is looking for to build an industry long term. So working with MG catalyst, which has been created specifically for these kind of breakthrough technologies, has been really great, really provides us to comfort that it's long term capital and their interest in really solving the problem and not just achieving a very short term return.

Show More

Allianz Global Investors

Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing GBP 452 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives.

We started our sustainable investing journey over 20 years ago and were among the first 50 asset managers to sign the United Nations Principles for Responsible Investment (UN PRI) in 2007. We believe that sustainable investing can generate positive performance not just for our clients, but for the community at large.

We aim to integrate environmental, social and governance (ESG) factors across our entire investment value chain to better manage risk and enhance long-term shareholder value. Given the diversity of investors’ objectives and requirements we provide sustainable investing processes with a broad range of approaches, adaptable to different levels of ESG incorporation and client preferences. These enhance our clients’ investment decisions while helping create benefits for society as a whole. The combined assets under management of the ESG risk-focused and Sustainable product categories amount to over GBP 224 billion. Read our new blog for fresh takes on sustainable investing – from renewables to rewilding.

Data as at 31 March 2023

Read more

Impax Asset Management

Impax is a specialist asset manager investing in the opportunities arising from the transition to a more sustainable global economy. Impax believes that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well-positioned companies and create risks for those unable or unwilling to adapt. The company seeks to invest in higher quality companies with strong business models that demonstrate sound management of risk. Impax offers a well-rounded suite of investment solutions spanning multiple asset classes seeking superior risk-adjusted returns over the medium to long term.

Read more

iShares by BlackRock

Why we do what we do

Championing investor progress has been at the heart of the iShares mission from the beginning. Everything we do is about empowering investors so they can take control of their financial futures.

You would never settle for the status quo — that’s why iShares relentlessly pursues better ways to invest.

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Read more

M&G Investments

Who we are

M&G Investments is a global asset manager, serving customers and clients for nearly 90 years since launching Europe’s first ever mutual fund back in 1931. We’re part of M&G plc, a family of brands, all aligned behind the same ambition: to manage our customers’ investments so that they can live the life they want, while aiming to make the world a little better along the way.
What we do

We believe it’s our financial decisions that have the greatest potential to effect the change in the world we all want to see. The future is ours to create, for our families, our communities and our planet. Now is the time to look forward, to take control and to act.
Through long-term active investment management, we build solutions around what matters most to our customers and clients. We look for the best opportunities to invest in, across a wide range of asset classes, on behalf of people who care how their money is invested.
We manage assets of over £284 billion (at December 2020) in equities, multi-asset, fixed income, real estate and cash for our customers and clients in the UK, Europe and Asia.
How we invest

Creating a sustainable future
We recognise that, increasingly, customers and clients are looking to align their investments with their environmental and social values and we have a range of Planet+ funds that have the potential to help meet this need.
This is why our investment decisions are underpinned by our commitment to investing responsibly. We support our customers’ and clients’ financial goals by aiming to generate competitive, long-term returns, all while working towards our mission to help fix the planet one investment at a time.
Targeting positive outcomes

We aim to improve the world by investing with care. Our active approach to managing money considers a broad range of environmental, social and governance (ESG) factors that can have an impact on our investments. This is why we engage directly with the businesses we invest in. Supporting them in their mission to improve people’s lives, make society stronger and protect our planet. Helping others to become greener, more responsible and sustainable.

We’re dedicated to offering quality investment solutions and investing in the right way, supporting our ambitions for a more positive future. Not just for our customers and clients but for our planet too. We all want to create a brighter future for the next generation.

The value and income of a fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.

We are unable to give financial advice. If you are unsure about the suitability of your investment, speak to your financial adviser.

Responsible Investing

Read more

Neuberger Berman

As an active manager, Neuberger Berman has a long-standing belief that material environmental, social and governance (ESG) factors are an important driver of long-term investment returns from both an opportunity and a risk-mitigation perspective. We also understand that for many clients the impact of their portfolios is an important consideration in conjunction with investment performance. We consider ESG factors across our investment platform and offer a range of solutions to meet client objectives. We firmly believe that attention to material ESG factors helps make us smarter investors, and that engagement with companies on ESG topics helps them perform better for their investors and for society.

Read more