Natural capital investment firm Climate Asset Management has appointed Erin Leonard, formerly HSBC Asset Management’s Global Head of Sustainability, as its new CEO and Chair of the Board.
Climate Asset Management was launched in 2020 as a joint venture between HSBC AM and climate change investment and advisory firm Pollination, with a focus on developing and delivering investment solutions that accelerate the transition to a net zero, nature and climate resilient future. The firm offers a Natural Capital Strategy, which invests primarily in sustainable agriculture and forestry projects in developed markets, and a Nature Based Carbon Strategy, offering investors access to investments in nature based carbon projects that seek to deliver high impact carbon credits, in areas including forestry and other land-use, conservation, restoration and regeneration of mangroves, wetland and peatland, and savanna fire management.
Leonard departed HSBC AM in 2025, after serving as Global Head of Sustainability at the firm since 2021, with responsibility for leading the firm’s Sustainability office, charged with the delivery of the company’s sustainability business and product strategy. She has served on the board of Climate Asset Management since 2021.
Leonard succeeds Martin Berg, who announced his departure from Climate Asset Management after serving as Chief Investment Officer from 2020 until 2023, and as CEO from 2023.
