ESG robo platform Clim8 closes - what to do with your money if you invest with it

Sustainable investing platform has closed its doors having launched in just 2019. We look at what forced the robo-adviser to pull the shutters down and what to do if you held investments there

woman working in coffeeshop
(Image credit: © Getty images)

Sustainability-centric investment app Clim8 has closed down, leaving investors with less than two months to pull portfolios from the shuttered service.

CEO and founder Duncan Grierson, the company said “dramatic changes in the economic environment and inflation” alongside shifts in venture capital appetites had led to the closure.

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Tom Higgins

Tom is a journalist and writer with an interest in sustainability, economic policy and pensions, looking into how personal finances can be used to make a positive impact. He graduated from Goldsmiths, University of London, with a BA in journalism before moving to a financial content agency. 

His work has appeared in titles Investment Week and Money Marketing, as well as social media copy for Reuters and Bloomberg in addition to corporate content for financial giants including Mercer, State Street Global Advisors and the PLSA. He has also written for the  Financial Times Group.

When not working out of the Future’s Cardiff office, Tom can be found exploring the hills and coasts of South Wales but is sometimes east of the border supporting Bristol Rovers.