• GSAM - GOLDMAN SACHS

Goldman Sachs Asset Management (GSAM) has launched an impact equity fund to target five key pillars of sustainability.

The Goldman Sachs Global Environmental Impact Equity Portfolio seeks to generate long-term capital by exposing investors to global companies which embrace key environmental themes.

Alexis Deladerrière, who will manage the fund, is using a bottom-up investment approach which integrates ESG and impact factors into the investment strategy will manage the fund.

The fund will focus on companies that support the following five key ESG themes:

  • Clean energy
  • Resource efficiency
  • Sustainable consumption & production
  • Circular economy
  • Water sustainability

Commenting on the launch, a spokesperson for GSAM said: ‘Against a backdrop of growing challenges related to climate change and unsustainable environmental practice, we are starting to see government, business and consumer behaviour adapt.’

GSAM said this creates a growing need for corporate sector innovation to help alleviate these challenges and put the world on a path to greater environmental sustainability.

‘For companies that can successfully provide new solutions to these problems, there are significant demand tailwinds that we believe can support long-term capital appreciation,’ the company added.

The fund is a Luxembourg-domiciled, Ucits-compliant fund and is available for purchase across a range of EU countries.