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 innovative growth companies accelerating the use of renewable bio-based materials. We focus on the packaging, building products and biochemicals industries. The first UB FIGG fund started its operation in January 2023 and has EUR 114 million in commitments. The fund has a pan-European investment scope and can invest EUR 5-20 million per portfolio company. UB FIGG's Partners and Advisory Board consist of highly experienced experts in the forest industry, corporate finance and growth entrepreneurship.

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