proactive approach was instrumental in California
Public Employees Retirement System (CalPERS) selecting
us to assist in the development and implementation of its clean technology
investment initiative. CalPERS is the largest pension fund in the
United States. Established in 1931 to manage the retirement funds
of state employees, today CalPERS has nearly $400 billion under management.
ECG conducted environmental due diligence for CalPERS
on many investment candidates through Pacific Corporate Group (PCG).
ECG monitored these investments that were split into seven cleantech funds from CalPERS'
initial US$ 200 million allocation to its AIM Environmental Technology Program.
ECG also conducted environmental due diligence on investments made through the
PCG Clean Technology and Energy Fund, which received US$ 400 million from CalPERS and US$ 200 million from the
New York City Employees' Retirement System. Through these programs, ECG established
environmental performance monitoring with most US-based cleantech Venture Capital Firms, including
NGEN, Craton Equity Partners, Carlyle/Riverstone, DFJ Element, RockPort Capital Partners, VantagePoint Venture Partners, and EnerTech Capital.
In this work we partnered with PCG, which provided conventional fund management services.
ECG was selected by the U.S. Department of State to develop public-private partnerships to catalyze clean technology deployment in India and China.
The objective of the program, as part of the Asia-Pacific Partnership on Clean Development & Climate,
was to catalyze investments in low-carbon technologies and projects in India and China.
The program successfully uncovered billions of dollars of investment projects which would potentially
offset hundreds of millions of tons of CO2, along with potential public and private funding sources.
Novim is a nonprofit corporation based at the University of California, Santa Barbara.
It follows a methodology of scientific collaboration developed at the UCSB Kavli Institute for Theoretical Physics
and by the Jasons, a group of technical experts who advise the US government on
matters of science and technology. Novim is a unique organization in several ways:
It rapidly convenes the best scientific and engineering minds to examine subjects of global concern.
Subjects are carefully selected for their complexity, scientific content, and controversial nature.
The results are presented in language that is clearly understandable.
Novim never advocates - allowing each study's results to speak for themselves.
University of Cambridge Institute for Sustainability Leadership (“CISL”, formerly "Programme for Sustainability Leadership" and "Programme for Industry") seeks to
help present and future leaders deepen their understanding of the social, environmental and economic
context in which they operate and respond in ways that benefit their organisations and society as a whole. CISL has
several leading forums aimed at supporting executives in addressing climate change, including
Highness ("HRH") The Prince of Wales's Business & Sustainability Programme,
The Prince of Wales's Corporate Leaders Group and the
Innovation Programme. ECG joined with CISL to launch the P8 Group ("Pensions 8"): a
series of meetings to bring pensions around the world together with their peers to address environmental
challenges as they relate to pensions.
The University of California at Berkeley's College of Engineering
("COE") is recognized worldwide as a leading center for innovation and excellence in research and teaching.
ECG worked with Berkeley to build an online resource to assist investors and others interested in connecting with environmental technology experts. The system included about 125 environmental experts at UC Berkeley.
The Nand & Jeet Khemka Foundation built
innovative cross-sectoral collaborations and development infrastructure within India and internationally
through strategic philanthropy. They worked with ECG founder and Managing Director
Bryan Martel to address climate change on a global scale.
Cazneau Group (formerly Origo, Inc.) - a sustainable investment and partnership brokerage firm
specialized in the development of sustainable platforms, and encouraged multifaceted
partnerships among creative and innovative partners.
ECG is a Signatory to the United Nations PRI (Principles for Responsible Investment), "an investor initiative in partnership with UNEP Finance Initiative and the UN Global Compact."
The Principles provide a framework for investment professionals to give appropriate consideration to the environmental, social and corporate governance (ESG) issues that can affect the performance of their investment portfolios. The Principles are:
We will incorporate ESG issues into investment analysis and decision-making processes.
We will be active owners and incorporate ESG issues into our ownership policies and practices.
We will seek appropriate disclosure on ESG issues by the entities in which we invest.
We will promote acceptance and implementation of the Principles within the investment industry.
We will work together to enhance our effectiveness in implementing the Principles.
We will each report on our activities and progress towards implementing the Principles.