Fullerton Carbon Action Strategy
About Us
Fullerton Carbon Action Strategy invests in mid-market companies driving decarbonization across Asia's net-zero transition. It targets Green Enablers providing carbon-reduction solutions and Green Beneficiaries lowering emissions, focused on four pathways: cleaner energy, low-carbon feedstocks, electric mobility, and resource efficiency.
Our Philosophy
Large & Fast-Growing Addressable Market
Emerging Asia generates 52% of global emissions1 and is central to the decarbonization with ~US$37t needed for its green transition2 and an addressable market of US$4t - US$5t by 20303, creating a deep pipeline of opportunities.
Maturing Industry Supported By Robust Tailwinds
Climate-aligned investments in Asia are driven by energy transition, decarbonization, and electrification, reinforced by supportive policies across key markets.
Attractive Opportunities At Meaningful Entry Valuations
Invests in mid-market Emerging Asia companies, where climate-aligned capital is scarce, capturing attractive valuations with downside protection and upside from operational improvements and decarbonization.
(1) bp Statistical Review of World Energy, 2022; (2) Asia Investor Group on Climate Change (AIGCC); (3) McKinsey, “Green Growth: Capturing Asia’s $5 trillion green business opportunity”, 2022
Sector Focus
Renewable energy value chain
- Renewable Energy component manufacturers
- Renewable Energy Operations & Maintenance service providers
- Design and engineering of RE plants
- Lenders to RE producers
Circular economy & waste management
- Closed-loop plastic, metal, textile recyclers
- Resource recovery
- Industrial waste management
- E-waste recyclers
Green mobility and logistics
- Green production systems
- EV component manufacturers
- Charging infrastructure suppliers
- Green logistics and freight optimisers
- Demand-responsive transport solution providers
Green production systems
- Energy efficiency service / solutions provider including industrial equipment manufacturers
- Green building value chain
- Resource efficiency in agriculture supply chain
- Biodegradable / sustainable materials producer
Clear market leadership
Clear market leadership
Profitable
Strong & aligned mgmt.
Clear decarb. thesis
PE / Growth
Portfolio
Routematic Transportation
Routematic Transportation Transportation
Routematic Transportation
Source: https://routematic.com/
Disclaimer
This publication is prepared by Fullerton Fund Management Company Ltd (UEN: 200312672W) (“Fullerton”) and is for your information only. It is not for general circulation and no recommendation is being made to purchase or sell any securities whether referred herein or otherwise. This is not the basis for any contract to deal in any security or instrument, or for Fullerton or its affiliates to enter into or arrange any type of transaction. Any investments made are not obligations of, deposits in, or guaranteed by Fullerton.
Investments have risks and you may lose your principal investment. The value of the investments and any accruing income may fall or rise. Any past performance, prediction or forecast is not indicative of future or likely performance. The contents herein may be amended without notice. Fullerton, its affiliates and their directors and employees, do not accept any liability from the use of this publication.
Do you have an investment opportunity?
We are always interested to hear about distinctive investment opportunities. Business owners, managers, investment banks, and advisors are welcome to contact us.