UB FIGG wins Best ESG Investment Fund award

UB FIGG is proud to announce that it has received the Best ESG Investment Fund: Private Equity (Specialist) award at the ESG Investing Awards 2026, held in London on 5 March 2026.

The ESG Investing Awards recognise outstanding achievement across the responsible investment industry. UB FIGG was selected as the winner of the specialist private equity category, reflecting the fund's consistent focus on sustainable and resource-efficient bio-based industries since commencing operations in January 2023.

The award acknowledges the collective progress of UB FIGG's portfolio companies – traceless materials, Paptic, Woodio, Notpla, Treet, and FiberLean – each of which is actively demonstrating that renewable, bio-based alternatives to fossil-derived materials can achieve industrial scale and commercial viability.

"This recognition is a reflection of what our portfolio companies are building every day," said Matti Lehtipuu, Managing Partner of UB FIGG. "Almost everything made from fossil materials today can be made from bio-based materials tomorrow. That conviction is at the heart of why we invest, and this award affirms that the market increasingly shares it."

About UB FIGG

UB FIGG is a private equity fund investing in companies focused on plastic and other fossil based material replacements, higher value and more efficient use of wood and agricultural raw material side streams and greater use of these raw materials across a wide range of intermediate and end uses. Through its investments, the Fund helps the forest and bio-based industries to create solutions to mitigate climate change. UB FIGG is a signatory of Operating Principles for Impact Management and reports on the environmental and climate impact of its investments.

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