The story
The business was founded in 1998 to invest in companies whose work might reduce resource scarcity, with support from the International Finance Corporation. Various commentators have referred to the company's focus on environmental matters.
On 18 September 2017, the group plc announced that it had entered into agreements to acquire 100% of Pax World Management LLC. The acquisition was completed on 18 January 2018. In December 2018, the company announced that it would be opening an operation in Dublin to serve clients after Brexit (the withdrawal of the United Kingdom from the European Union).
After 23.7% of shareholders voted against the re-appointment of EY as the company's auditor in May 2018, the company was criticised by the Investment Association, over an apparent lack of independence of EY as its auditor, in December 2018.
From Wikipedia’s article on Impax Asset Management Group, shared under CC BY-SA 4.0.5