27: Carnot Capital - Combining Good With Useful: Impact Investing in Energy & Resource Efficiency

<div>Carnot Capital is an investment management company, specialized in the area of energy and resource efficiency. Carnot Capital is a signatory of the Principles for Responsible Investment (PRI) and measure the impact of their investments by mapping the UN's 17 Sustainable Development Goals (SDGs).<br> <br> Andres Gujan is the Cofounder and Portfolio Manager at Carnot Capital. Andres Gujan was an analyst for engineering, real estate and electricity companies at Valartis Bank. In this context he was responsible of the investment portfolio of Valartis Bank, has been a consultant for institutional clients and involved in the issue of derivative investment products. Prior to that, he held leading positions in financial analysis at Bank Vontobel and at Kepler Equities, where he was a responsible analyst for the first share placement of BKW FMB Energy. Andres Gujan started his career at UBS. Andres Gujan is a graduate of the University of St. Gallen (lic.rer.publ.HSG) and is a chartered financial analyst (CFA).</div> <div><br> </div> <div>Dominique Sekyra is the Head of Business Development at Carnot Capital. Dominique used to work for Knight Vinke (Switzerland) AG where he was responsible for Investor Relations. Prior to this, Dominique worked for the UHNWI team of Bank Vontobel AG's Private Bank. Dominique holds a Master of Science (MSc) in International Business Economics from the University of Westminster in London.</div> <div><br> </div> <div>Highlights:</div> <ul> <li>“We don’t buy sustainability reports, we buy good companies”</li> <li>“At the time there were a lot of sustainable funds around, but we thought that these funds were not that sustainable. Because sustainability is also a financial aspect. A lot of these funds disappeared because they were investing in business models that were not sustainable in the end. So companies that went basically bust.”</li> <li>Carnot capital has two well established  funds - Carnot Efficient Energy Fund and Carnot Efficient Resource Fund.</li> <li>They also recently launc