ThomasLloyd SICAV – Energy Impact Credit Fund awarded LuxFLAG Environment Label; the only fund above EUR 100 million in Morningstar universe meeting Article 9 criteria

Zurich, 10 July 2023 – ThomasLloyd, the independent impact investment solutions provider, advisor and asset manager, is proud to announce that its Energy Impact Credit Fund has been awarded the prestigious LuxFLAG Environment Label.

LuxFLAG independently verifies the Fund’s incorporation of sustainable principles throughout the investment process. ThomasLloyd’s Energy Impact Credit Fund meets LuxFLAG criteria by focusing on sustainable energy infrastructure investments across emerging markets, providing investors with access to private market opportunities which cannot be found via other strategies. The Energy Impact Credit Fund is also one of only three open-ended or ETF alternative European funds out of the 1400 tracked by Morningstar to meet the sustainability criteria to qualify as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR). Out of these three funds, the Energy Impact Credit Fund is the only one with more than EUR 100 million of assets under management.

The Energy Impact Credit Fund is dedicated to helping address Asia’s expanding climate change issues. Asia is now home to more than half the world’s population and its carbon emissions are now greater than in Europe and North America combined Asia also accounts for more than half of global energy consumption, of which 85% currently comes from fossil fuels. Clean energy in Asia plays a vital role in achieving global Net Zero goals. The falling cost of renewable energy across emerging markets supports the fight against climate change, and has shifted the value curve for many investors.

With an active management approach, it aims to provide investors with alternative and stable income streams by primarily investing through debt instruments in unlisted sustainable energy infrastructure assets. The fund focuses on renewable energy power generation, transmission infrastructure, energy storage, and sustainable fuel production. These investments typically offer an ‘illiquidity premium’ due to the complexity involved in sourcing, structuring, and negotiating such assets. By addressing the pressing need for sustainable infrastructure finance in Asia, the Fund strives to address the global climate crisis with action where it is most required and most efficient. Since its launch, the fund has demonstrated resilience during periods of market volatility, highlighting its diversification effect.

Michael Sieg, CEO of ThomasLloyd Group, said: “We are delighted to have renewed our LuxFLAG Environment Label for the fifth consecutive time, as further validation of our commitment to investing in sustainable energy infrastructure. Our offering is one of very few in the market that fulfils all the requirements of Article 9 of the EU Sustainable Finance Disclosure Regulation (SFDR) and provides access to an institutional grade, scalable strategy.”

Isabelle Delas, CEO of LuxFLAG, said: “We are pleased to announce that the Thomas Lloyd SICAV - Energy Impact Credit Fund has been granted the LuxFLAG Environment Label for a one year period starting on 1 July 2023 and ending on 30 June 2024. The LuxFLAG Environment Label is recognized for its high standards and rigorous assessment of the applicant investment fund’s investment strategy and integration of environmental considerations into the investment analysis and decision making process, as well as an affirmation of the applicant fund’s transparency towards investors; all key components of the eligibility criteria of the LuxFLAG Environment Label.”

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About ThomasLloyd

Founded in 2003, ThomasLloyd is an independent impact investment solutions provider, advisor and asset manager. Headquartered in Zurich, the company has global presence with offices across Europe, Asia and North America.

ThomasLloyd`s Impact Asset Management division was created in 2011, and is one of the longest-established, largest and most experienced sustainable energy investment managers in emerging and developing Asia (ex-China/GCC). It invests where capital creates the most impact via its ‘Triple Return’ approach: strong financial returns, in addition to generating intentional positive, measurable social and environmental impact.

ThomasLloyd measures the impact of its investments, mapping its impact against the UN’s Sustainable Development Goals (SDG’s), and is a signatory of the Principles for Responsible Investment. The Group is committed to the integration of material environmental, social and governance (ESG) factors into all corporate and investment decisions.

As of 31 December 2022, ThomasLloyd managed USD 1.1 billion of capital in sustainable energy infrastructure assets across a wide range of investment solutions on behalf of institutional and sovereign investors, family offices and private investors globally.

For more information, visit https://www.thomas-lloyd.com/ and follow us on LinkedIn.