To further emphasize the firm’s longstanding pledge to corporate social responsibility, Ecofin announced it has appointed Managing Director Greg Murphy as Head of Impact. In this position, he leads the execution of the firm’s Sustainability & Impact Policy and corresponding initiatives. Greg collaborates with the investment research and portfolio teams to enhance the sustainability, impact measurement and environmental, social, and governance (ESG) factors that are embedded in the investment process, and to ensure the integration across asset classes and geographies. By actively engaging with portfolio companies, Ecofin strives to be a change agent, helping drive continuous improvement of sustainability practices.
"Our investments are decarbonizing global electric grids, providing quality education in underserved areas, affordably caring for the elderly, contributing to solving the global water crisis, and making the economy more circular. Anyone can report financial performance. In this role, I plan to bring to life the impacts beyond financial returns," said Murphy. "We are measuring and tracking items that just a few years ago seemed impossible to quantify. I want to integrate data with anecdotes from the field to tell the true stories of how our investments impact people, communities and economies around the globe."
Greg’s role ties together all aspects of Ecofin and its parent, TortoiseEcofin. He coordinates closely with Brent Newcomb, President-Ecofin, providing firm-wide guidance on impact principles that help serve clients’ evolving needs.
"Our primary goal at Ecofin is to provide strong risk-adjusted returns for our clients, while secondly, tackling some of the planet’s biggest challenges by investing in companies earning solid returns and doing business in ethical and responsible ways," said Newcomb. "Greg has a passion for understanding the impact our investments are making on the world. Investors are demanding greater precision out of their holdings in sustainability and ESG, and Greg is exceptionally suited for this position."
With firm and affiliate tenure of over 20 years, Greg most recently served as Client Portfolio Manager, articulating various aspects of the business to a range of clients. Prior to joining the firm, he was an investment committee member and principal at Fountain Capital Management, a founding sponsor of the firm. He also worked as a public accountant and as a consultant to the energy industry. Greg graduated cum laude with a Bachelor of Science in business administration and economics from Trinity University and a Master of Business Administration from the University of Kansas, and is a CFA® charterholder.
Ecofin is a sustainable investment firm dedicated to uniting ecology and finance. Our mission is to generate strong risk-adjusted returns while optimizing investors’ impact on society. We are socially-minded, ESG-attentive investors, harnessing years of expertise investing in sustainable infrastructure, energy transition, clean water & environment and social impact. Our strategies are accessible through a variety of investment solutions and seek to achieve positive impacts that align with UN Sustainable Development Goals by addressing pressing global issues surrounding climate action, clean energy, water, education, healthcare and sustainable communities. Ecofin Investments, LLC is the parent of registered investment advisers Ecofin Advisors, LLC and Ecofin Advisors Limited (collectively "Ecofin"). Learn more at www.ecofininvest.com.
TortoiseEcofin focuses on essential assets – those assets and services that are indispensable to the economy and society. We strive to make a positive impact on clients and communities by investing in energy infrastructure and the transition to cleaner energy and by providing capital for social impact projects focused on education and seniors housing. TortoiseEcofin brings together strong legacies from Tortoise, with expertise investing across the energy value chain for more than 20 years, and from Ecofin, which unites ecology and finance and has roots back to the early 1990s. For additional information, please visit www.TortoiseEcofin.com.
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although the funds and TortoiseEcofin believe that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the funds’ reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, the funds and TortoiseEcofin do not assume a duty to update this forward-looking statement.
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