Tessa Tennant

Teresa Mary Tennant OBE (29 May 1959 - 7 July 2018)[1] was an advocate of sustainable investment. She co-founded one of the UK’s first green investment funds. She was a pioneer in the field of responsible investment and was described by The Economist in its obituary notice as "a giant of green finance."[2][3][4]

Life and career

Tennant was born in Bletchingley, Surrey, to John Cormack and Jean Davies. Tennant graduated in Human Environmental Studies at King's College London and worked for the Green Alliance in the early 1980s.

She co-founded the UK’s first green investment fund, the Merlin (now Jupiter) Ecology Fund, in 1988.[5]

During her career Tennant helped lead and found several influential organisations for green and responsible investors including UKSIF, AsRIA and the Carbon Disclosure Project.[6]

Among many other roles, she served as a director of the Green Investment Bank.[7]

In June 2018, the Financial Times/IFC Transformational Business Awards awarded Tessa Tennant its first ever Lifetime Achievement Award and announced that this award will be named after her in future.[4] During her career, Tennant was a pioneer in the field of responsible investment. She led the creation and was first Chair of the Association for Sustainable and Responsible Investment in Asia based in Hong Kong (ASrIA), and The Carbon Disclosure Project (CDP), which works with over 6,000 of the largest corporations in the world to reduce their carbon emissions.

Awarded an OBE in recognition of her services to sustainable investment, she died of cancer in July 2018 aged 59.[8] A testimonial in The Economist paid tribute to her networking skills and ability to work with and influence diverse groups by describing her as "A rainmaker who cajoled the religious and made them greener."[2]

Private life

Tessa (née Cormack) was formerly married to Henry Lovell Tennant who died in 1990 who was the second son of Colin Tennant, 3rd Baron Glenconner. She was awarded an OBE in recognition of her services to sustainable investment in 2018. [9][10][11] Their son Euan runs The Glen, the Tennant family estate in the Scottish Borders, which has hosted seminars and retreats on green finance and sustainability issues.[12]

In 2007 she married Bill Staempfli, a New York architect.[1]

References

  1. 1 2 Raven, Hugh (2 August 2018). "Tessa Tennant obituary". The Guardian. Retrieved 5 August 2018.
  2. 1 2 "Remembering Tessa Tennant, giant of green finance". The Economist. 5 August 2018. Retrieved 5 August 2018.
  3. "Obituary: Green investment pioneer Tessa Tennant". BusinessGreen. Retrieved 5 August 2018.
  4. 1 2 "Tessa Tennant wins Lifetime Achievement Award - ndci.global". ndci.global. 2018-06-11. Retrieved 5 August 2018.
  5. "Obituary: Tessa Tennant - Responsible Investor". www.responsible-investor.com. Retrieved 2018-08-05.
  6. "Obituary - Tessa Tennant: a long-term legacy: Environmental Finance". www.environmental-finance.com. Retrieved 5 August 2018.
  7. "UK Green Investment Bank opens for business". GOV.UK. Retrieved 2018-08-05.
  8. "Tessa Tennant obituary". The Times. 23 July 2018. ISSN 0140-0460. Retrieved 5 August 2018.
  9. "Obituary - Tessa Tennant, environmental campaigner and member of the Scottish landed gentry". HeraldScotland. Retrieved 2018-08-05.
  10. "The final days of London bohemian Henry Tennant". Evening Standard. Retrieved 2018-08-05.
  11. Obituaries, Telegraph (2018-07-23). "Tessa Tennant, bohemian socialite and pioneer of 'green' investment – obituary". The Telegraph. ISSN 0307-1235. Retrieved 2018-08-05.
  12. "Obituary: Green investment pioneer Tessa Tennant". Investment Week. Retrieved 2018-08-05.
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