Foresight launches ESG thematic equities fund

Foresight Capital Management has launched the FP Foresight Sustainable Future Themes Fund.

The fund will invest in a global portfolio of 20-40 listed companies that meet the fund’s sustainability criteria for environmental and/or social impact. The fund will be available to all UK-based retail and institutional investors.

The fund identifies and provides capital to companies across five ‘sustainable future’ themes.:

• Sustainable Energy: companies actively contributing to global decarbonisation through sustainable energy generation, storage and usage;

• Sustainable Food, Land and Forestry: companies involved in the sustainable production of food, use of land, agriculture or forestry and those focused on the protection of biodiversity;

• Waste, Water and the Circular Economy: companies that are actively involved in delivering sustainable water and waste solutions and companies that meaningfully contribute to sustainable resource management;

• Health and Education: companies that own assets or provide services that contribute towards the delivery of sustainable, high-quality and inclusive healthcare and education; and

• Digital World: companies that support the transition to a digital economy in a sustainable and socially inclusive way.

Only those companies which derive 80% or more of revenue from activities that align with one or more of these themes will be considered for the portfolio.

Nick Scullion, Partner at Foresight, says, “The fundamental structure of society and economies is changing rapidly in response to the need for sustainable development. The winning companies of the future are going to be the ones that recognise and fully participate in that change. This fund gives investors an access point to invest in companies that we believe will deliver the best financial outcomes and the most tangible, real-world impact for sustainable development. The FP Foresight Sustainable Future Themes Fund will meet the increasing demand from investors for truly sustainable solutions, and allow them to take advantage of opportunities in fast-growing sectors aligned with the selected UN Sustainable Development Goals.”