Pengana Capital has launched an online calculator that clients can use to gauge the tangible social impact produced by their investment.
The Pengana WHEB Sustainable Impact Fund, formerly known as the Hunter Hall Global Deep Green Trust, has launched an online calculator to measure its impact.
The fund, first launched in 2015, has launched a calculator that measures the impact investors have on three social themes and five environmental themes.
Throughout 2017, a $1 million investment led to: 32 people receiving healthcare treatment, $118,000 of costs saved in healthcare systems; and the provision of 63 days of tertiary education.
In addition, a $1 million investment generated 387 MWh of renewable energy (equivalent to the annual energy use of 25 Australian households).
It also saw the treatment of 8.7 million litres of waste water (equivalent to the production of 70 Australian households) and the recycling of 52 tonnes of waste material (the equivalent to the total waste produced by 31 Australian households).
WHEB Asset Management managing partner George Latham said: "The Fund’s superior risk-adjusted returns are testament to WHEB’s fundamental investment philosophy: that companies producing goods and services that address the challenges of sustainability are exposed to structural growth and well positioned to deliver superior returns."
"We believe our investment performance is because of, rather than despite, the fund’s focus on businesses with a positive impact," Mr Latham said.
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