Sustainability Provides Economic and Environmental Returns
Published 09-24-09
Submitted by Pegasus Capital Advisors
Sustainable businesses of tomorrow will be measured by more than financial returns: they will also be assessed on efficient use of resources and environmental considerations, said Craig Cogut, founder and co-managing partner of Pegasus Capital Advisors. Cogut, who is participating in the Clinton Global Initiative summit in New York, added: "As an outcome of this global recession, the sum of the parts of the future sustainable company must be greater than 'green.' Companies that compete successfully on the basis of resource efficiency, while concurrently contributing to environmental and other public policy challenges -- such as food and worker safety -- truly offer the greatest returns and will be the new market leaders. This is the new sustainable paradigm."
Pegasus has a track record founded on low use of financial leverage in the creation and growth of resource efficient companies. Pegasus focuses on adding significant value to resource efficient businesses positioned to grow rapidly. The firm has deep experience in discovering and creating sustainability investments, with real-world, tangible and immediate solutions that influence markets every day.
Consider the Pegasus portfolio investment company Intelligent Global Pooling Systems (iGPS) -- the world's first company to provide manufacturers and retailers with an all-plastic pallet pool with embedded RFID-tags. iGPS offers the most advanced and safest pallet, as evidenced by its rapid adoption throughout the U.S. supply chain. No matter how they are compared, iGPS pallets are superior to wood alternatives -- particularly in terms of broader public policy issues such as fire safety, worker safety and food safety. For example:
"Businesses that can compete successfully on the basis of efficiency will be the winners in the new economy," Cogut said. "Sustainable businesses of the future will be measured by sound financial performance as well as tangible resource efficiency performance across the product life cycle."
About Pegasus Capital Advisors, L.P.
Pegasus Capital Advisors, L.P. is a private equity fund manager that provides creative capital and strategic solutions to middle market companies. It is currently pursuing initiatives in several key emerging sectors, including renewable and alternative energy, natural and organic human and pet foods, alternative building materials, LED lighting, energy efficiency in the built environment and sustainable business solutions in a number of industries. Established in 1995, Pegasus has cumulatively managed approximately $2 billion in assets through several private equity funds and has made more than 70 investments. The firm maintains a team of over 40 investment and advisory professionals and has offices in Cos Cob, CT, New York, NY and Santa Monica, CA.
About iGPS
iGPS is the world's first company to provide manufacturers and retailers with an all-plastic pallet pool with embedded RFID-tags. Wood pallets are 50 percent heavier than iGPS's state-of-the-art pallets, which save on transport costs, are easier to handle and eliminate protruding nails and splinters that cause workplace injuries and damaged equipment. In addition, embedded RFID tags enable shippers and receivers to track and trace shipments in real time. Launched in March 2006, the company is led by pallet and supply chain veterans with decades of experience. iGPS (www.igps.net) is headquartered in Orlando, FL.