Developer docs
API playgroundTry for free, no card

Search company profiles

Impax Environmental Markets

Full company profile

uuid000m32s

Namestring
Impax Environmental Markets
Legal namestring
Impax Environmental Markets plc
Websiteurl
https://impaxenvironmentalmarkets.co.uk
Company typeenum
Public
Founded yearint
2002
Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
environmental investment trust, sustainable investing, listed equities, clean energy investing, resource efficiency funds
Industry2 codes
1Sustainable/Thematic Investing (Climate, Clean Tech, Water, Biodiversity)
CodeFSAAALABPrimaryYes
2ESG/Sustainable Investment Advisory
CodeFSAEAAAJPrimaryNo
NAICS code1 code
  • Funds, Trusts, and Other Financial Vehicles525
SIC code1 code
  • Security & Commodity Brokers, Dealers, Exchanges & Services6200
Product category
Environmental Investment Trust
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components3 values
Personnel, Operations, Marketing or Sales
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

Impax Environmental Markets plc is a UK-listed investment trust that enables investors to benefit from growth in environmental markets by investing in a globally diversified portfolio of listed companies enabling the cleaner and more efficient delivery of basic services (energy, water, food, waste) or mitigating environmental risks such as pollution and climate change. The trust is externally managed by Impax Asset Management Limited and holds the UK Sustainability Impact label.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Share price: GBX 439.97 (April 2026); quarterly earnings GBX 4.94 per share
Product overview1 text field

Impax Environmental Markets plc is a single investment trust offering — a listed investment vehicle that provides exposure to environmental markets by investing in innovative, financially robust, and globally listed companies enabling cleaner and more efficient delivery of basic needs (power, water, food) or mitigating environmental risks like pollution and climate change. The company also holds a Sustainability Impact label for its fund. The offering consists of one primary investment trust product with no modular components, sub-brands, or add-on products.

Product and service1 record
1Impax Environmental Markets plc (IEM) investment trust
CategoryEnvironmental investment trust / sustainable equity fund
Description

UK-listed investment trust that enables investors to benefit from growth in environmental markets by investing in a globally diversified portfolio of companies addressing resource efficiency and environmental risk through cleaner delivery of basic services such as power, water, food, and waste management. The trust is managed by Impax Asset Management Limited and holds the UK Sustainability Impact label.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Peers10 records
1Pictet Environmental Solutions Fund
TypeDirect peer
Description

Open-ended fund dedicated to environmental solutions equities; closest European-domiciled comparable to IEM's environmental markets thesis and stock universe.

2Guinness Sustainable Energy Fund
TypeEmerging player
Description

Smaller active sustainable energy fund with thematic overlap on cleaner energy and efficiency; comparable as a rival allocation for environmental-tilted portfolios but at smaller scale.

3Jupiter Green Investment Trust
TypeDirect peer
Description

UK-listed investment trust focused on environmental solutions and sustainable growth equities; directly comparable to IEM in vehicle structure, mandate, and target audience of UK wealth advisers.

4BNY Mellon Sustainable Global Equity Fund
TypeDirect peer
Description

Open-ended global sustainable equity fund with similar environmental/sustainability tilt; comparable product wrapper for investors comparing listed and unlisted sustainable exposure.

5BlackRock Sustainable American Income Trust
TypeBroad incumbent
Description

UK-listed investment trust from a global incumbent applying ESG/sustainability criteria; comparable structure but operating at much larger scale and broader mandate than IEM.

6iShares Global Clean Energy UCITS ETF (INRG)
TypeBroad incumbent
Description

Liquid global clean-energy ETF from the dominant ETF issuer; thematic overlap with IEM on alternative energy and efficiency, but as a passive index tracker rather than active stock-picker.

7Impax Asset Management Group plc
TypeOthers
Description

The external investment manager of IEM and parent group; listed on AIM with £22bn AUM — economic counterparty whose retention or removal materially shapes IEM's economics.

8EdenTree UK Environmental Trust
TypeDirect peer
Description

UK investment trust investing in environmentally positive equities; shares IEM's listed-trust structure, environmental mandate, and distribution through UK intermediary channels.

9Triodos Sustainable Equity Fund
TypeDirect peer
Description

European sustainable equity fund with strong environmental screening mandate; directly comparable thematic exposure for European-domiciled investors considering IEM.

10JPMorgan Global Environmental & Social Equity Fund
TypeBroad incumbent
Description

Large incumbent's actively managed fund targeting environmental and social equity opportunities; comparable mandate and access points via global wealth platforms.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Impax Environmental Markets

Environmental Investment Trustimpaxenvironmentalmarkets.co.uk

Impax Environmental Markets firmographics

Firmographics
Name
Impax Environmental Markets
Legal name
Impax Environmental Markets plc
Website
https://impaxenvironmentalmarkets.co.uk
Company type
Public
Founded year
2002
Operating status
Operating
Ownership category
akta.pro rank

Impax Environmental Markets industry classification

Industry
Product category
Environmental Investment Trust
NAICS
Funds, Trusts, and Other Financial Vehicles (525)
SIC
Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
akta.pro primary industry
Sustainable/Thematic Investing (Climate, Clean Tech, Water, Biodiversity) (FSAAALAB)
akta.pro secondary industry
ESG/Sustainable Investment Advisory (FSAEAAAJ)

Keywords

  • Environmental investment trust
  • Sustainable investing
  • Listed equities
  • Clean energy investing
  • Resource efficiency funds

Where Impax Environmental Markets is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Markets served

Impax Environmental Markets business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales

Distribution channels3 records

Marketing channels4 records

Impax Environmental Markets product offering

Product offering

Core offering

Impax Environmental Markets plc is a UK-listed investment trust that enables investors to benefit from growth in environmental markets by investing in a globally diversified portfolio of listed companies enabling the cleaner and more efficient delivery of basic services (energy, water, food, waste) or mitigating environmental risks such as pollution and climate change. The trust is externally managed by Impax Asset Management Limited and holds the UK Sustainability Impact label.

Product overview

Impax Environmental Markets plc is a single investment trust offering — a listed investment vehicle that provides exposure to environmental markets by investing in innovative, financially robust, and globally listed companies enabling cleaner and more efficient delivery of basic needs (power, water, food) or mitigating environmental risks like pollution and climate change. The company also holds a Sustainability Impact label for its fund. The offering consists of one primary investment trust product with no modular components, sub-brands, or add-on products.

Differentiator

Problem solved

Functional benefit

Products and services

  • Impax Environmental Markets plc (IEM) investment trust UK-listed investment trust that enables investors to benefit from growth in environmental markets by investing in a globally diversified portfolio of companies addressing resource efficiency and environmental risk through cleaner delivery of basic services such as power, water, food, and waste management. The trust is managed by Impax Asset Management Limited and holds the UK Sustainability Impact label.

Quantifiable outcome

  • Share price: GBX 439.97 (April 2026); quarterly earnings GBX 4.94 per share

Companies that use Impax Environmental Markets

Customer profile

Segments3 records

Ideal customer profiles3 records

Impax Environmental Markets technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Impax Environmental Markets partnerships and signals

Strategic signal

Scale indicators7 records

Recent moves5 records

Impax Environmental Markets competitors and assessment

Company assessment

Direct peers

  • Pictet Environmental Solutions Fund: Open-ended fund dedicated to environmental solutions equities; closest European-domiciled comparable to IEM's environmental markets thesis and stock universe.
  • Jupiter Green Investment Trust: UK-listed investment trust focused on environmental solutions and sustainable growth equities; directly comparable to IEM in vehicle structure, mandate, and target audience of UK wealth advisers.
  • BNY Mellon Sustainable Global Equity Fund: Open-ended global sustainable equity fund with similar environmental/sustainability tilt; comparable product wrapper for investors comparing listed and unlisted sustainable exposure.
  • EdenTree UK Environmental Trust: UK investment trust investing in environmentally positive equities; shares IEM's listed-trust structure, environmental mandate, and distribution through UK intermediary channels.
  • Triodos Sustainable Equity Fund: European sustainable equity fund with strong environmental screening mandate; directly comparable thematic exposure for European-domiciled investors considering IEM.

Emerging players

  • Guinness Sustainable Energy Fund: Smaller active sustainable energy fund with thematic overlap on cleaner energy and efficiency; comparable as a rival allocation for environmental-tilted portfolios but at smaller scale.

Broad incumbents

  • BlackRock Sustainable American Income Trust: UK-listed investment trust from a global incumbent applying ESG/sustainability criteria; comparable structure but operating at much larger scale and broader mandate than IEM.
  • iShares Global Clean Energy UCITS ETF (INRG): Liquid global clean-energy ETF from the dominant ETF issuer; thematic overlap with IEM on alternative energy and efficiency, but as a passive index tracker rather than active stock-picker.
  • JPMorgan Global Environmental & Social Equity Fund: Large incumbent's actively managed fund targeting environmental and social equity opportunities; comparable mandate and access points via global wealth platforms.

Others

  • Impax Asset Management Group plc: The external investment manager of IEM and parent group; listed on AIM with £22bn AUM — economic counterparty whose retention or removal materially shapes IEM's economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Impax Environmental Markets social profiles

Digital presence

Impax Environmental Markets financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Impax Environmental Markets leadership team

Management profile

Number of profiles

Profiles6 records

Impax Environmental Markets funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Impax Environmental Markets M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Impax Environmental Markets

What does Impax Environmental Markets do?

Impax Environmental Markets plc is a UK-listed investment trust that enables investors to benefit from growth in environmental markets by investing in a globally diversified portfolio of listed companies enabling the cleaner and more efficient delivery of basic services (energy, water, food, waste) or mitigating environmental risks such as pollution and climate change. The trust is externally managed by Impax Asset Management Limited and holds the UK Sustainability Impact label.

Is Impax Environmental Markets a public or private company?

Impax Environmental Markets is a public company. It is classified as public and is currently operating.

When was Impax Environmental Markets founded?

Impax Environmental Markets was founded in 2002.

Where is Impax Environmental Markets based?

Impax Environmental Markets is headquartered in London, United Kingdom, in the Europe region.

Who are Impax Environmental Markets's main competitors?

Direct peers on record are Pictet Environmental Solutions Fund, Jupiter Green Investment Trust, BNY Mellon Sustainable Global Equity Fund, EdenTree UK Environmental Trust and Triodos Sustainable Equity Fund. Guinness Sustainable Energy Fund is listed as an emerging player. Broad incumbents are BlackRock Sustainable American Income Trust, iShares Global Clean Energy UCITS ETF (INRG) and JPMorgan Global Environmental & Social Equity Fund. Impax Asset Management Group plc is listed as an others.

Does Impax Environmental Markets have an API?

No public API is recorded for Impax Environmental Markets.

What industry is Impax Environmental Markets in?

Impax Environmental Markets's product category is Environmental Investment Trust. Its primary akta.pro industry code is FSAAALAB, Sustainable/Thematic Investing (Climate, Clean Tech, Water, Biodiversity), with a secondary code of FSAEAAAJ, ESG/Sustainable Investment Advisory. Its NAICS code is 525 and its SIC code is 6200.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Sharecast.comImpax Environmental Markets NAV jumps 26% in first halfImpax Environmental Markets reported a 26.1% NAV total return for the first half of 2026, outperforming the MSCI All Country World Index's 12.7%. Its share price discount to NAV widened to 13.5% from 7.2%, and the board declared a 2.0p interim dividend.QuotedDataImpax Environmental bounces back with 26% annual return as Saba’s board appoints Hudnall to find new managerImpax Environmental Markets posted a 26.1% annual return, outperforming the MSCI AC World index, after Saba Capital seized control. The trust declared a 2p interim dividend and appointed Hudnall Capital to search for a new fund manager. Saba holds a 32% stake and is seen as a likely appointment.Ticker ReportImpax Environmental Markets (LON:IEM) Stock Passes Below 50-Day Moving Average – Should You Sell?Impax Environmental Markets shares fell below their 50-day moving average on Wednesday, trading at GBX 446 against a 50-day average of GBX 439.10. The company's financials show a debt-to-equity ratio of 10.70 and a negative PE ratio of -64.14.Portfolio AdviserImpax Environmental Markets seeks new investment managerImpax Environmental Markets' newly constituted board has served notice to terminate Impax Asset Management as its investment manager and is seeking a replacement through a formal request for proposal process. The board, installed in June by US activist investor Saba Capital following an exit tender offer, has also requested Impax waive part or all of the standard 12-month notice period in line with FCA Consumer Duty requirements. While the strategy delivered a 10.3% total return over the past 12 months under Impax's management, it has lost investors 8% over the past five years.QuotedDataImpax Environmental Markets launches search for new managerThe board of Impax Environmental Markets (IEM), newly elected following Saba Capital's successful activist campaign, has decided to terminate the investment management agreement with Impax Asset Management and launch a formal request for proposal process to identify a replacement manager. The board has asked Impax Asset Management to waive all or part of the standard 12-month contractual notice period. Saba Capital, which built a substantial stake in the trust and agitated for change, saw its four nominees elected to the board in June after shareholders voted to remove all five incumbent directors, with around 78% of the register previously voting to exit the trust near NAV through a tender offer.Portfolio Adviser‘The outcome has unfolded exactly as anticipated’: Saba takes control of IEMSaba Capital successfully appointed a new board to Impax Environmental Markets (IEM) after securing approximately 71% of votes at a requisitioned general meeting, effectively taking control of the investment trust. The hedge fund had accumulated over 31% of IEM shares by May and previously pushed through a tender offer where 80.5% of non-Saba shareholders exited at close to net asset value. The incumbent board, led by former chair Glen Suarez, argued Saba's objectives were incompatible with other shareholders, while Saba's founder Boaz Weinstein stated the message was clear that "the underperformance cannot go on."QuotedDataSpotlight falls on Impax Environmental Markets’ new board as Saba boss Boaz Weinstein urges his “independent” nominees to appoint a new managerSaba Capital's new board of Impax Environmental Markets urged immediate termination of the fund's management contract, citing a five-year shareholder return of 6.2% versus the benchmark's 82.6%. The move is expected to lead to Saba's appointment as manager and a possible merger with Edinburgh Worldwide.Investing.comSaba Capital nominees elected to Impax Environmental Markets board By Investing.comShareholders of Impax Environmental Markets PLC voted at a requisitioned general meeting to elect four nominees proposed by Saba Capital Management to the company's board, with approximately 71% of votes cast supporting Saba's proposed directors. The elected directors are Caroline Bault, Steven Grey, Jason Chen and Aaron Morris, who replaced incumbent directors on the board. Saba Capital Management, which describes itself as the largest shareholder of Impax Environmental Markets, initiated the shareholder meeting to propose these board changes.Investing.comSaba Capital nominees elected to Impax Environmental Markets board By Investing.comShareholders of Impax Environmental Markets PLC voted at a requisitioned general meeting to elect four nominees proposed by Saba Capital Management to the company's board, while also voting to remove incumbent directors. Approximately 71% of votes cast supported Saba's proposed nominees Caroline Bault, Steven Grey, Jason Chen and Aaron Morris. Saba Capital Management, which describes itself as the largest shareholder of Impax Environmental Markets, is a global alternative asset management firm founded in 2009 by Boaz Weinstein, with offices in New York City and London.//www.investmentweek.co.uk/Impax Environmental Markets board ousted and replaced by Saba nomineesFollowing a requisitioned general meeting on 17 June 2026, the board of Impax Environmental Markets was ousted and not re-elected, with nominees from Saba taking their places. The shareholder vote saw under 11% turnout. This represents a hostile takeover of the investment trust's board by Saba, an activist investor.