Driving Sustainable Growth in Asia's Green Economy Through Innovative Investments
Key Ideas
- Newton Hexon Capital and PMB Investment Berhad launch the Newton Hexon Asia Growth Fund to invest in high-potential businesses in Asia's green economy.
- The fund focuses on sectors like renewable energy, waste-to-energy, hydrogen, EVs, and urban farming to drive impactful growth.
- Key investment criteria include adherence to international guidelines, carbon emission reduction, energy savings, waste management, social impact, and corporate governance.
- Partnerships with testing and certification providers ensure the fund maintains high ESG standards, with ongoing portfolio management for sustainability.
Newton Hexon Capital and PMB Investment Berhad have announced the launch of the Newton Hexon Asia Growth Fund, a Shariah-compliant private fund aimed at investing in high-potential businesses in Asia's green economy. This partnership signifies a commitment to sustainable investments and innovation in the region. The fund will focus on key sectors such as renewable energy, waste-to-energy, hydrogen generation, electric vehicles, and urban farming to drive impactful growth and positive ESG impacts. Projects selected for investment will be evaluated based on criteria like international environmental standards alignment, carbon emission reduction potential, energy efficiency promotion, waste management sustainability, social impact contributions, and strong corporate governance. Additionally, partnerships with testing and certification services will ensure adherence to high ESG standards, with ongoing portfolio management for sustainability. The fund's mission is to support businesses leading the way in environmentally sustainable solutions and contribute to the region's transition towards sustainability.