Appointment of a New Director

Impax Environmental Markets PLC
05 December 2023




Impax Environmental Markets plc (the "Company")


Appointment of Elizabeth Surkovic as a non-executive director


Following a comprehensive selection process, conducted using an independent third-party search firm, the Company is pleased to announce the appointment of Elizabeth ("Liz") Surkovic as an independent non-executive director of the Company with effect from 1 January 2024.


Liz has worked for 30 years in environmental policy making and regulation in the private and public sectors and is now focussed on the interface of science and policy. This background and experience provides her with a deep knowledge of many of the areas supporting environmental technology investments.  During her career, she has been at the forefront of developing and delivering environmental policy in Europe and the UK as well as working globally with groups such as OECD.  She is currently head of policy at the Royal Society and her work there includes providing solutions on net zero as well as investigating a range of novel technologies and their impact on humanity. Her work and teams have won awards and prizes.


Prior to working at the Royal Society, she was a senior civil servant for HM Government in several Departments including the Cabinet Office, BEIS, Defra and the Government Office for Science. Before joining the civil service, Liz was a Director of the Chemical Industries Association.


She is a continuing policy fellow at University of Cambridge's Centre for Science and Policy and a member of its admissions board.


Liz holds a B.Sc. in Biochemistry from Birmingham University.


There is no other information required to be disclosed under section 9.6.13 of the Listing Rules in respect of Elizabeth Surkovic.


Glen Suarez, Chairman of IEM said: "Impax Environmental Markets was launched in 2000 to offer investors a route into what was then a just beginning but fast growing area of global equity markets. Since then, we have delivered many years of attractive returns to our shareholders and have often been cited as the lead investment trust in the rapidly expanding market for positive impact investments.  As we continue to develop our business, I believe that Liz will be able to bring to IEM her many years of policy advisory experience, as the world's leading economies find themselves forced to de-carbonise in the face of an accelerating climate and resource crisis."


5 December 2023


For further information contact:


Impax Asset Management      

Paul French

0203 912 3032

Montfort Communications

Gay Collins/Lesley Wang

07798 626282

Apex Listed Companies Services (UK) Limited

020 3327 9720

Company Secretary



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