Sustainable Investing in Ambienta (A)

This case study tells the story of Ambienta, an Italy-based asset management company that was an early entrant in the field of sustainable investing. From the very beginning, founder and managing partner Nino Tronchetti Provera saw sustainability as a “mega-trend” with broad implications for the national economy. By contrast, Ambienta’s competitors – a category that now includes some of the world’s largest asset managers – apply ESG-based investment criteria that often present more questions than answers about how environmental sustainability can drive financial returns.

1.To assess the challenges and complexities of the decision-making involved in sustainable investing, particularly with regard to private equity (PE).
2. To explore the development of sustainable investing since 2007 and forecast its evolution post-2022.
3. To provide preliminary background information and context for the interactive exercise in Case B.