Downing LLP joins the Net Zero Asset Managers Initiative

4/5/23
5 min
ESG
News

We are delighted to announce that Downing LLP has signed up to the Net Zero Asset Managers initiative, joining 301 other signatories which collectively have over $59 trillion in assets under management.  

The Net Zero Asset Managers initiative is an international group of asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner and to supporting investing aligned with net zero emissions by 2050 or sooner.

This forms part of Downing’s focus on responsible investment and sits alongside its status as a B Corporation, achieved in September 2022.  

Roger Lewis, Downing’s Head of ESG, commented: “In order to play our part in limiting warming to two degrees, and avoiding irreversible climate change impacts, Downing has made the net zero carbon commitment.  

“To achieve this, we will continue to measure and understand the emissions generated by all our investments, actively engage with our portfolio in order to reduce these emissions and finally remove residual emissions - which, like for many net zero countries, corporates and investors, should take us into the late 2020s and the 2030s.

“We look forward to sharing progress, starting one year after joining, as required by the commitment.”

Find out more about our approach to responsible investing

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We are delighted to announce that Downing LLP has signed up to the Net Zero Asset Managers initiative, joining 301 other signatories which collectively have over $59 trillion in assets under management.  

The Net Zero Asset Managers initiative is an international group of asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner and to supporting investing aligned with net zero emissions by 2050 or sooner.

This forms part of Downing’s focus on responsible investment and sits alongside its status as a B Corporation, achieved in September 2022.  

Roger Lewis, Downing’s Head of ESG, commented: “In order to play our part in limiting warming to two degrees, and avoiding irreversible climate change impacts, Downing has made the net zero carbon commitment.  

“To achieve this, we will continue to measure and understand the emissions generated by all our investments, actively engage with our portfolio in order to reduce these emissions and finally remove residual emissions - which, like for many net zero countries, corporates and investors, should take us into the late 2020s and the 2030s.

“We look forward to sharing progress, starting one year after joining, as required by the commitment.”

Find out more about our approach to responsible investing

We are delighted to announce that Mark Gross, Partner and Head of Development Capital, has been named Equity Investor of the year at the HealthInvestor Power List 2024 Awards.

Following Mark’s achievement last year when he won the “Leading Investor” award at HealthInvestor’s Power50, this year’s win further highlights his continued success and expertise in investing across the healthcare sector. 

The judges praised Mark for finding success both in value and volume this year, delivering good returns and growth. They were impressed by how Mark has continued to strengthen a strong track record with further growth in the team and new funds securing further backing. We extend our thanks to Mark and the Downing Development Capital team for their continued dedication and support in expanding our healthcare investment activities with a focus on quality, performance and reputation. 

Congratulations Mark!

Development Capital  

Downing Development Capital is an award-winning investor focused on investment opportunities into asset-backed operating businesses with downside protection. Typical sectors they invest in include healthcare, specialist education, hospitality, leisure and IT infrastructure.

Learn more about our Development Capital team

We are delighted to announce that Downing LLP has signed up to the Net Zero Asset Managers initiative, joining 301 other signatories which collectively have over $59 trillion in assets under management.  

The Net Zero Asset Managers initiative is an international group of asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner and to supporting investing aligned with net zero emissions by 2050 or sooner.

This forms part of Downing’s focus on responsible investment and sits alongside its status as a B Corporation, achieved in September 2022.  

Roger Lewis, Downing’s Head of ESG, commented: “In order to play our part in limiting warming to two degrees, and avoiding irreversible climate change impacts, Downing has made the net zero carbon commitment.  

“To achieve this, we will continue to measure and understand the emissions generated by all our investments, actively engage with our portfolio in order to reduce these emissions and finally remove residual emissions - which, like for many net zero countries, corporates and investors, should take us into the late 2020s and the 2030s.

“We look forward to sharing progress, starting one year after joining, as required by the commitment.”

Find out more about our approach to responsible investing

Downing Sustainability and Responsible Investment Report 2024
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Torsten Mack, Investment Director at Downing, said:

"We are proud to support this exceptional management team, whose strong track record positions them well to build a new business in dementia care. This needs-based sector is underpinned by a lack of quality supply and we are investing in Fortava Healthcare to set and deliver high standards, and to help make a difference."

Johann van Zyl, CEO at Fortava, added:

"I’m thrilled to be working with Jamie, as we share the same values. We plan to grow Fortava into a leading provider of dementia care over the next five to seven years. But growth isn’t our primary focus—our goal is to deliver outstanding care and foster a joyful, supportive environment for both residents and staff. We’re delighted to be partnering with Downing who also share our values and we look forward to this journey with them."

Jamie Stuart, CFO at Fortava, commented:

“For me, it's about being more than just another care home provider. While dementia care in the UK is generally of a good standard, we want to set ourselves apart with a fresh approach. That’s why, after over 25 years in banking, I chose to partner with Johann and Downing on this venture.”

We are delighted to announce that Downing LLP has signed up to the Net Zero Asset Managers initiative, joining 301 other signatories which collectively have over $59 trillion in assets under management.  

The Net Zero Asset Managers initiative is an international group of asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner and to supporting investing aligned with net zero emissions by 2050 or sooner.

This forms part of Downing’s focus on responsible investment and sits alongside its status as a B Corporation, achieved in September 2022.  

Roger Lewis, Downing’s Head of ESG, commented: “In order to play our part in limiting warming to two degrees, and avoiding irreversible climate change impacts, Downing has made the net zero carbon commitment.  

“To achieve this, we will continue to measure and understand the emissions generated by all our investments, actively engage with our portfolio in order to reduce these emissions and finally remove residual emissions - which, like for many net zero countries, corporates and investors, should take us into the late 2020s and the 2030s.

“We look forward to sharing progress, starting one year after joining, as required by the commitment.”

Find out more about our approach to responsible investing

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Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: Downing, 10 Lower Thames Street, London, EC3R 6AF.

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