The Global Returns Project (GRP), a UK registered charity connecting investors with the world’s most impactful climate philanthropy, announces its new partnership with Leading Edge, the Manchester-based wealth planning firm founded by industry veteran Anthony Bruchez alongside Colin Murdock, former international football player and sports lawyer.
Through this partnership, Leading Edge will be able to offer GRP’s Portfolio of climate philanthropy to clients, complementing their investment portfolios with a mechanism to directly regenerate the planet beyond sustainable investing alone.
The “Global Returns Portfolio” is curated by GRP and applies a ‘fund management’ approach to climate philanthropy by emphasising diversification, rigorous research and regular performance reporting. The Portfolio is a selection of diverse, effective and scalable not-for-profit organisations tackling climate change. Selection of the Portfolio’s constituents is overseen by GRP’s Technical Advisory Board, a panel of world-class climate scientists, who assess and review not-for-profits on a regular basis. Clients of participating financial institutions donate a small proportion (0.25%, for example) of savings and investments to the Portfolio annually.
Anthony Bruchez, Director at Leading Edge, commented:
“We are very excited at the opportunity to partner with GRP to not only equip our clients with all the resources necessary to enhance their knowledge and understanding of sustainability, but also help them think beyond ESG with a simple complement to their asset allocation strategy.
“GRP makes it easy to embed a donation to the Global Returns Portfolio of climate not-for-profits into any financial strategy, which aligns very well with our approach to presenting clients accessible and innovative solutions to stay ahead of the ESG curve.”
Colin Murdock, Director at Leading Edge, said: “This partnership provides us with an essential tool for exceeding client expectations – the climate philanthropy in the Global Returns Portfolio regenerates the planet beyond sustainable investing. The Global Returns Project is a great initiative, and I am excited to share the news with clients and my network, which I have built over the years.
“As a former footballer, I appreciate the importance of making the playing years count financially, but also the challenges that the transition out of football brings. In my endeavour to support the players, I have recently undertaken further study to qualify with the Chartered Insurance Institute, Diploma in Financial Planning. It is crucial to prepare for what comes next. Equally important, I know how hard it is to do something good with your money. We hope that ultimately, the Global Returns Portfolio will become incorporated into all financial strategies”
Jack Chellman, Chief Project Officer at the Global Returns Project, said:
“People increasingly understand the importance of tackling climate change. It is well documented that the Climate Crisis will affect everything, including our investments. And observations from real life are in line with the scientific predictions. GRP helps financial planners respond to their clients’ concerns about climate change. One of the key challenges is the lack of investment products for directly regenerating the planet. Through our partnership with Leading Edge, we hope that clients will benefit from a simplified way of doing something meaningful about climate change through truly impactful philanthropy.”
This announcement is the latest in a series of partnerships with various financial institutions and trade bodies established earlier this year, including Path financial, Pangea Impact Investments, Southam Financial Planning, ESG Accord, Octo Members, GrowthInvest and Overstory Finance.
The Global Returns Project had raised more than £250,000 for portfolio constituents as of end in March 2022.