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Announcing a New NH-Focused Scholarship | Manchester ink link

Impax Asset Management Team. Courtesy/Lauren Smith

PORTSMOUTH, NH – Impax Asset Management has announced a new scholarship program aimed at helping New Hampshire students and educational institutions.

The new scholarship program honors the legacy of Portsmouth-based Pax World Funds, which was purchased by Impax Asset Management in 2018. The company will distribute $50,000 annually to the Peter T. Paul College of Business and Economics in the University of New Hampshire (UNH), the New Hampshire Women’s Foundation (NHWF), and Friends Forever International (FFI).

“For more than 50 years, Pax has been known for integrating social and environmental concerns into investments, and has been an advocate for advancing sustainability, the advancement of women, and the advancement of world peace. We are thrilled to honor this legacy through the Pax Scholarship Program, which will continue to make vital investments in our local community,” said Impax Asset Management North American President Joe Keefe.

“The newly created Pax Fellowship, honoring the legacy of Pax World Funds, clearly aligns with the work being done at UNH and the Paul College of Business and Economics. As one of the most sustainable universities in the country, student support focused on business and sustainability and/or sustainable investing is essential to supporting the next generation of leaders in this field,” said Lucy Gilson. , Ph.D. Dean, Peter T. Paul College of Business and Economics at UNH. “I am grateful to Impax for partnering with us to continue to inspire and support students who are committed to making a difference in their communities. The financial support will help our students strive for even greater success, and their accomplishments will be in large part due to the investment Impax is making in them and their future.

“This scholarship will help us serve young leaders around the world. Their impact will begin immediately in their local communities and, because it is recurring, will increase exponentially in the years to come. Impax employees and management continue to lead by example in ESG commitment to serving the planet,” said Stephen Martineau, Executive Director of FFI.

“As the only foundation in the state focused solely on gender equality, the New Hampshire Women’s Foundation believes that data-driven research on women and girls should be the foundation of policies that impact women. and girls – from economic security to health and leadership. The Pax Fellowship will support our research program, including our scholarship for graduate students with a passion for gender equity. We are extremely grateful to Impax for this grant support, which will ensure the Women’s Foundation continues to be a trusted source of data on women and girls in Granite State,” said NHWF CEO Tanna Clews.