Mark is founder and executive chair of the Carbon Tracker Initiative, a non-profit financial think tank. Best known for the ‘unburnable carbon’ capital markets thesis, the lexicon of ‘stranded asset’ risk is now commonplace in climate finance language. Mark commissioned and was editor of Unburnable Carbon – Are the World’s Financial Markets Carrying a Carbon Bubble? In 2011 and more recently, Mark co-founded ‘Planet Tracker’. Mark is responsible for management strategy, board matters and developing their capital markets framework analysis. Their goal is to align capital markets with natural ecological limits to growth.
Prior to forming these groups, Mark worked for major institutional asset management companies in building sustainable asset management franchises. Mark is a co-founder of some of the first responsible investment funds firstly at Jupiter Asset Management in 1989 with the Ecology Funds, NPI with Global Care between 1994 and 1999, the AMP Capital Sustainable Future Funds, and Henderson Global Investor’s Industries of the Future Funds from 1999-2008.
Mark served on the World Business Council for Sustainable Development working group on capital markets leading up to the 1992 Earth Summit; was a Member of the Steering Committee of UNEP Financial Sector Initiative (1999-2003). Mark is a Founder Director of the UK Sustainable and Responsible Investment Forum (UKSIF), 1990-2006, a member of the Advisory Board of the Gordon and Betty Moore Foundation’s ‘Conservation and Markets Initiatives’ and Hon Treasurer of The Rainforest Foundation UK. Mark is an advisor to Consilium Capital, serves on the Advisory Board of Tribe Impact Capital and is a Visiting Lecturer at the University of Cambridge’s sustainable finance programme.
Mark has a BA in Politics & Economic History and an M.Sc in Agricultural Economics.