New York and Tokyo, Dec. 4, 2000Innovest Strategic Value Advisors today announced that it has formed a new strategic alliance with Natsource� LLC, one of the world�s pre-eminent global over-the-counter brokers of energy and environmental products, to provide corporate climate change advisory services in Japan.
The partnership will bring together both firms� expertise in carbon finance and GHG markets to assist Japanese industrial and financial services sector companies understand and respond to the business risks and opportunities that global climate change presents.
A broad range of services will be offered, including: identifying risk opportunities; the design and operation of internal trading systems; the cost and availability of emission reduction methods; carbon risk benchmarking studies; and custom portfolio analysis for financial services and investment industry clients using tailored climate change investment screens.
�We feel that there is considerable synergy between our two firms and a great opportunity to deepen and expand our respective business operation in Japan,� said Jack Cogen, president and founder of Natsource. �The partnership will build on Natsource�s growing position in the Japanese energy and industrial sector, strengthened by our joint venture with the Mitsubishi Corporation and our strategic alliance with Tokyo Tanshi.�
�Natsource�s range of skills and expertise in GHG markets coupled with our own carbon finance initiative represents a formidable combination, and we are excited by the prospect of working together in the Japanese marketplace,� said Dr. Martin Whittaker, who is spearheading Innovest�s Carbon Finance Practice.
Innovest Strategic Value Advisors is an internationally recognized investment research firm. Its EcoValue ’21�platform is already being used by some of the largest institutional investors in both the United States and Europe, as well as by a number of Fortune Global 500 companies. Founded in 1995 by Dr. Matthew Kiernan, Innovest is headquartered in New York City, with offices in London and Toronto.
Natsource� LLC is a leading broker of energy related products and participates in the power, natural gas, coal, weather hedging and emissions allowance credit markets. Headquartered in New York, Natsource�s client base includes over 600 global companies who are leaders in the utility, coal, oil and natural gas markets, as well as the investment and commercial banking communities. With its joint venture partner, Tullett & Tokyo Liberty Plc, Natsource has global reach in all of the major financial centers.