- Preamble [SYSTEM]
- Fund & Investor Interest
- Street Moves
- Solebury Trout Updates
- Market Commentary
- IPO News
- Expert Interactions
- Banker Comments & Notes
- Conference Snippet
- Industry Snippets
- Solebury Trout Talks
Solebury Trout Updates: Solebury Trout Launches new Environmental, Social, Governance (ESG) Practice
We wanted to share some exciting news from our team at Solebury Trout. Today we are announcing a new Environmental, Social, Governance (ESG) practice area to be led by new hire Amanda Cimaglia. Amanda is joining our team from Hannon Armstrong (NYSE: HASI) where she led the award-winning IR and ESG function. A copy of our press release is below which contains more detail on this new initiative.
You can download the Solebury Trout ESG 360 One Pager here
Please let us know if you have any questions and if we can look to schedule an introduction in the near future.
Solebury Trout, a leading strategic investor relations and financial communications firm, announced today the launch of a new Environmental, Social and Governance (ESG) practice area to help clients build or improve, as well as promote, an ESG strategy that creates long-term value and drives investor engagement. Managing Director Amanda Cimaglia will lead the new offering, titled Solebury Trout ESG 360SM, reflecting the holistic nature of the practice, which encompasses both investor relations and corporate communications initiatives.
Cimaglia is joining Solebury Trout from Hannon Armstrong (HASI), a leading investor in climate change solutions, where she most recently led the investor relations function and ESG reporting initiatives. Her success in fully integrating an ESG focus into the investor relations strategy and corporate communications initiatives at HASI grew the shareholder base to include nearly 30 percent ESG-dedicated long-only investors – from less than 1 percent in 2013. During her seven-year tenure at Hannon Armstrong, Amanda directly participated in raising over $1 billion in the public capital markets. Notably, she built an award-winning investor relations program, garnering the 2019 Best Overall Investor Relations (Small Cap) Award by IR Magazine, as well as being named a finalist for 2019 Best ESG Reporting.
Cimaglia has served as a member of the ESG working groups for both the American Council on Renewable Energy (ACORE) and the New York Stock Exchange (NYSE). She is a sought-after speaker on the topic of best practices in investor relations and ESG integration from the corporate perspective, having previously spoken at events sponsored by Bank of America, Ethical Corporation, Institutional Investor, Asset TV, and the National Investor Relations Institute.
“ESG continues to be a growing area of opportunity across our client base and the broader market, as sustainable investments account for $1 out of every $4 of total assets under professional management in the U.S. – a 38 percent increase in the last two years, according to The Forum for Sustainable and Responsible Investment (USSIF),” said Jeff Grossman, CEO of Solebury Trout. “We are thrilled to have Amanda on our team. Her prior work at Hannon Armstrong has often been cited by investors and other stakeholders as a leading example that other companies can and should follow.”
“I am very excited to join Solebury Trout to lead the ESG practice and work across the client base to guide members of the C-Suite and Board on strategies to effectively engage various stakeholder groups on important ESG issues that can reduce risk and present opportunities,” said Cimaglia. “I have experienced firsthand the evolution of ESG principles becoming more mainstream over the last several years for both corporations and investors. I look forward to working with Solebury’s public company clients, as well as its private clients contemplating entering the public markets, on building and communicating an effective ESG strategy to drive long-term value.”
Solebury Trout is affiliated with Solebury Capital, the leading equity capital markets advisory firm in the U.S., having advised on nearly 700 equity transactions since its founding 15 years ago.