Impact investing has been one of the most talked strategies among global funds. While in Asia managers are trying to expand their impact investing portfolio, funds in Europe and the US are dealing with stricter rules regarding standards and disclosure practices.
Tekoma started in Japan in 2013 and expanded to Taiwan in 2018. HSBC’s energy transition infrastructure team first acquired the firm in 2023.
Tekoma has plans to develop solar projects with capacity of more than 400 megawatts over the next four to five years. It also targets an expansion in South Korea and into battery energy storage early next year.
ABC Impact manages more than US$850 million. It secured some US$550 million for its second impact fund in January. Temasek Trust receives its funding primarily from Temasek Holdings Pte.
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HSBC Asset Management has US$765 billion in portfolio as of the end of September. It manages US$70 billion in strategies on environmental, social and governance, as well as sustainability in 2023.