Find answers to our most frequently asked questions
Our mission is to have a positive impact on climate change, by moving billions of pounds of investments out of fossil fuels and into clean energy and truly green, sustainable companies.
Our platform aims to provide a simple way to invest in multi-asset portfolios (shares and bonds), with a focus on sectors that we believe will play a significant role in tackling climate change, including clean energy, clean technology, sustainable food, clean water, smart mobility and recycling.
We currently offer two main investment products: General Investment Account, GIA, and Stocks and Shares ISA. We’re working to add more products and functionalities to our app, which you see in our public roadmap.
You need to be 18 years of age or older and be a UK resident to open an account.
We currently offer two main investment accounts: General Investment Account, GIA, and Stocks and Shares ISA (Individual Savings Account). We’re working to add more products and functionalities to our app, which you see in our public roadmap.
You can download our app from Apple Store or Google Play, sign up in a few minutes and start investing sustainably! In order to open an account, you need to be 18 years of age or older and be a UK resident.
We do not give financial advice. We do assess the suitability of our services for your circumstances and needs as well as your attitude to risk and capacity for loss. In order to do this, we’ll ask you some questions to understand your experience, knowledge, objectives and risk appetite. We then use this information to create an investor profile and align you to a portfolio that’s tailored by our experts.
Clim8 Invest is an appointed representative of WealthKernel Ltd, who is authorised and regulated by the Financial Conduct Authority (FCA) (FRN 723719). Customer money is protected by the Financial Services Compensation Scheme (FSCS) for up to £85,000 of the amount invested via Clim8. This doesn’t cover losses incurred through investment performance or if you get back less than you originally invested.
WealthKernel is also the custodian of the portfolios, where the investments in your portfolio will be held. The role of a custodian is to hold customer assets for safekeeping in order to minimize the risk of their misappropriation, misuse, theft, or loss.
When you make a payment to your Clim8 Invest account, that money is immediately transferred to WealthKernel. Their role as the custodian is to hold customer assets for safekeeping in order to minimise the risk of their misappropriation, misuse, theft, or loss. Wealth Kernel is authorised and regulated by the FCA and is also a member of the Financial Services Compensation Scheme (FSCS) which means your money is protected in the event of WealthKernel’s insolvency for up to £85,000 of the amount invested via Clim8. This doesn’t cover losses incurred through investment performance or if you get back less than you originally invested, although in such cases, you may have recourse to the Financial Ombudsman Service (FOS).
You can have up to 3 General Investment Accounts (GIA) and 1 Individual Savings Account (ISA). You can open one GIA for each available risk type. You will be able to see which accounts are available on your Dashboard.
You can only have one ISA account right now, with a single risk type. However, we’re currently working on allowing you to spread your annual ISA allowance across more than account and risk type.
When we do launch multiple ISAs, the annual allowance (currently £20,000) will be shared across all your ISA accounts. So you won’t be able to deposit more than the allowance with Clim8 in a single tax year.
You can open an account with a new risk type in the Clim8 app. If you want to move funds from one risk type to another, you’ll need to get in touch with us.
You can open the new account in your Clim8 app, but you’ll need to get in touch with us if you want to move funds from one account to the other.
This is not something we offer right now but we’re currently exploring the option of offering Junior ISAs in the future.
Once you’ve withdrawn all your funds, you can ask our customer support team to close the account for you.
Risk appetite and risk tolerance can vary significantly between individual investors. We offer 3 portfolios each carrying a different level of risk (cautious, balanced and adventurous). Equities typically carry more risks than, for example, fixed income or cash over a long-term horizon, but equally they also tend to offer the potential for higher expected returns. Consequently, individuals with a greater risk appetite, and ability to bear potential loss, would generally seek to invest in portfolios with a higher risk profile e.g. greater exposure to equities. Conversely, individuals with a lower risk tolerance would generally seek to invest in portfolios with a lower risk profile e.g. greater exposure to fixed income.
Simply contact email@example.com, stating which risk type you would like to select and confirm whether or not your circumstances have changed in relation to your previous answers in the suitability questions. We may follow up with additional questions in order to make sure that the portfolio selected is suitable for you.
This means that there is the potential risk of the loss of your capital or investment. As the value of your investment can go down as well as up, there is a risk that you may not get back the amount you originally invested. This is because the underlying investments are stocks and shares and this should be viewed as a medium to long term investment in order to help to mitigate the effects of market volatility (i.e. the ups and downs of the market).
Global greenhouse gases emissions come from a handful of sectors which, if decarbonised, can put us on the right track to limit global warming to well below 2°C from pre-industrial levels. That’s why we have tied five of our six investment themes to industries and services that play a critical role in accelerating the transition towards a low-carbon economy such as Clean Energy, Clean Technology, Clean Mobility, Sustainable Food and Circular Economy. Our last theme is Clean Water which is critical to drive economic growth and better healthcare, notably in developing countries.
A factsheet is a document that contains certain key information on our portfolios. It contains information such as investment performance, portfolio holdings, and fee details. It is designed to help you assess the portfolio and understand where your money is invested.
Our investment team rigorously researches and screens stocks and funds for inclusion in our portfolios. They consider both the potential performance of the asset as well as the potential impact of the asset on the climate. You can read more about their investment methodology on this information page.
Clim8 Invest is the registered trademark of Clim8 Invest Ltd. Registered in England and Wales, company no. 12179517. Registered office: 1 Lyric Square, London, W6 0NB. Clim8 Invest Ltd (FCA reg no. 927293) is an appointed representative of WealthKernel Limited (FCA reg no. 723719), which is authorised and regulated by the Financial Conduct Authority. The information on this website is subject to the UK regulatory regime and is therefore only targeted at consumers based in the UK.
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