Susannah McClintock has joined the Clean Growth Fund as Investment Director. Susannah is a specialist environmental investor with more than 20 years’ experience in start-up growth, finance and investing within the climate change and resource efficiency space.
Susannah has held previous roles at Sustainable Ventures, Carbon Trust Enterprises, WRAP and HSBC. She holds Board and Trustee positions at a number of start-ups and charities focussed on environmental and social outcomes.
Susannah is the co-founder of FiveThirteen, a non-profit collaborative that is increasing investment flows to female clean-tech entrepreneurs in the UK (www.fivethirteen.org). She also leads the finance initiatives for the Mayor of London’s Women in Cleantech programme.
Susannah McClintock said: “I’m excited to be joining the Clean Growth which is doing so much to build a strong and vibrant clean-tech sector in the UK, through their investments and their advocacy. In common with the great team that exists at the Clean Growth Fund, I have a passion for business models which aim to maximise their use of funds and resources to create sustainable enterprises that achieve specific environmental or social outcomes.”
Beverley Gower-Jones, the Managing Partner of the Clean Growth Fund said: “Susannah’s knowledge and experience of emerging companies in the UK clean tech sector will be hugely valuable. During the course of the next year, we will be increasing the pace of our investments, as the UK needs a dynamic clean technology sector to address climate change, deliver Net Zero and build a more sustainable, low carbon economy.”
The Clean Growth Fund has made a number of investments over the past 12 months in the areas of smart charging, heating, grid services and emission reductions in heavy industry. Its most recent investment (in October 2021) was in Holiferm, a company based in the north-west of England, that develops and supplies sustainable and non-fossil based ingredients for industrial and consumer products. Further investments will be announced by the Clean Growth Fund within the coming weeks.
In December 2021, Aviva announced that it had invested in the Clean Growth Fund joining the UK Government’s Department of Business, Energy & Industrial Strategy (BEIS), CCLA, one of the UK’s largest charity fund managers, with £14 billion of assets under management and Strathclyde Pension Fund, one of the biggest local government pension schemes in the UK. The Fund now has £70m under management and will close for investment by the end of March 2022.
In addition to Susannah’s appointment, Clean Growth Fund also announces the appointment of Samuel Hill as an Investment Analyst. Samuel joins from Roland Berger, the global consulting firm.
Susannah can be contacted via susannah.mcclintock@cleangrowthfund.com
