Insurer CIO to aid eco-investment platform

Insurance group Hiscox’s Chief Investment Officer has been appointed to a digital investment platform focused on firms which are combating climate change.

James Millard has (pic)  been appointed to the investment committee at Clim8 Invest (Clim8), designed to help consumers invest in companies focused on tackling the climate crisis.

He is joined by Vivian Bertseka, former director at Generation Investment Management, a sustainable investing firm co-founded by Al Gore, and Bart Dujczynski, a renewable energy and cleantech expert who was previously CFO of Polenergia SA (Poland’s largest listed independent renewables utility).

Ms Bertseka said: “Clim8 is addressing an enormous opportunity and it’s coming to market just at the right time to provide a product that solves a very big issue. Investing behind environmental priorities is not easy; it’s actually very hard to do. What Clim8 has that is differentiating is an experienced team that works to actively help manage clients’ money”.

Clim8 Invest allows investors to create a curated portfolio of publicly listed companies, covering sectors such as clean energy, clean technology, sustainable food, smart mobility and recycling.

“We’re really excited to have James, Vivian and Bart on our investment committee” Duncan Grierson, Founder and CEO, said. “They each have different and very relevant experience for Clim8, with deep expertise in large scale fund management, in sustainability investing and in renewable energy and cleantech. They are a fantastic asset to our investment team”.

Clim8 is currently crowdfunding on Crowdcube and has already raised over £936,579 from more than 822 investors.  The company has started onboarding users from its waitlist, which currently has 11,000 people and will officially launch the platform by the end of the year.

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