Ashim Paun
Sustainable Markets Advisor
Advises on strategy, client work and product development, drawing on private and listed markets experience

Expertise
Investment & value creation
- Sustainable investing
- Sustainability due diligence
- Portfolio value creation
- Investment research
- Sustainable finance
- Investor relations
Climate & sustainability
- Climate risk & resilience
- Energy transition
About Ashim
Ashim is Sustainable Markets Advisor at Axion Lab. He advises on strategy, contributes to client work with alternative asset managers and helps shape the product and analytical methods around investors’ needs. He is focused on Axion Lab’s UK expansion and also supports business development and fundraising.
He brings more than 25 years of experience across public markets and private equity, with earlier work in government and the NGO sector. His expertise covers sustainable investment strategies, investment research, climate change and the energy transition, drawing on experience in both listed assets and private companies.
Before joining Axion Lab, Ashim was Head of Sustainable Investing at Triton Partners from 2021 to 2025. He worked with sector teams on investment sourcing, supported investor relations and contributed to the firm’s sustainability communications. Previously, he was Managing Director and Global Co-Head of ESG Research at HSBC, focusing on climate and the energy transition. His earlier career included roles at Newton Investment Management (BNY Mellon), PIRC and Magnetar Capital.
Selected publications
- Are Private Companies Extending Climate Awareness across Corporate Strategy? (opens in new tab)
The Journal of Impact and ESG Investing, 2026. Co-author.
- Quantifying Sustainability-aligned Revenues: From Public to Private Market Approaches (opens in new tab)
Journal of Investment and Management, 2025. Author.
- Bridging the Divide: Private Markets and New Drivers of Value Creation (PDF, opens in new tab)
World Economic Forum, 2024. Contributor.
- The Payoffs and Pitfalls of ESG Due Diligence (PDF, opens in new tab)
Boston Consulting Group, 2024. Practitioner contribution.
- ESG Matters: Combatting climate change with circularity (PDF, opens in new tab)
HSBC Global Research, 2021. Co-author.
- Fragile Planet: The politics and economics of the low-carbon transition (PDF, opens in new tab)
HSBC Global Research, 2019. Co-author.
Selected talks, interviews & media
- Sustainability during exits in a tough environment (opens in new tab)
Responsible Investment Forum New York, 2025. Panel participant.
- Maximising value: ESG integration in exit strategies (opens in new tab)
Responsible Investment Forum West, Palo Alto, 2024. Moderator.