A Message from Co-President and Chief Executive Officer Angela Schwarz
Happy Earth Day from all of us at Element Markets, and welcome to the second edition of our quarterly newsletter. With spring upon us, a strong climate agenda from the new presidential administration, and hope on the horizon for a post-pandemic return to normal, this year is also offering accelerating momentum in environmental markets. As you’ll read about in this issue, a slew of climate-related infrastructure, renewable fuels, and decarbonization initiatives are being introduced and gaining traction at the state and federal levels. Many businesses and institutions are leading the way through proactive carbon neutral pledges, renewable fuel investment and procurement, and electric vehicle and infrastructure investment. We anticipate that this momentum will only increase as we continue to shift as a society and economy to a decarbonizing mindset.
How companies are handling ESG (Environmental, Social & Corporate Governance) continues to gain influence as an essential benchmark, expanding how companies are evaluated to include not only financial performance, but how they serve people and the environment. We are having conversations with a wide variety of organizations looking for the right pathways to engage on ESG, mitigate their climate impact and anticipate the shift to a decarbonizing economy. It is a privilege to be able to leverage our experience in complex environmental markets to new audiences, helping even more organizations do well by doing good.
Element Markets has always believed in walking the walk when it comes to sustainability, and Earth Day marks an opportunity to reiterate our climate commitment once again. As we have grown our workforce and our geographic footprint over the past few years, we have remained committed to neutralizing our carbon footprint through annual retirement of carbon offsets, in addition to reinforcing a culture of sustainability in our approach to running our business. We are pleased that so many of our clients are making a similar commitment and have entrusted us to help them achieve their carbon neutrality goals.
We also again extend our thanks to TPG’s The Rise Fund for their partnership. Over the past three months since the announcement of their majority acquisition of Element Markets, their support has been invaluable in forging new connections, amplifying our message and reach, and proving that impact investing can deliver not only strong financial results, but scalable climate benefit.
The challenges and opportunities at hand continue to drive us to be bigger, bolder, and braver. We value our relationship with each of you and are committed to continuing to deliver value by simplifying complicated markets, identifying emerging opportunities, and optimizing the value and impact of our clients’ sustainability investments.