A new report has quantified the positive impact associated with investing in companies that are enabling and benefiting from the transition to a low carbon and sustainable economy.
The report, Prosperity with Purpose, was released by Pengana Capital Group and written by WHEB Asset Management, the investment manager of Penganga’s sustainable impact fund.
The fund in 2018 helped to avoid 218,000 tonnes of C02 emissions, treated 2.6 billion litres of wastewater and recycled over 49,000 tonnes of waste materials.
WHEB is a UK investment house that has run the fund for thirteen years which holds 50-70 stocks in companies that produce goods and services that address the challenges of sustainability.
WHEB has identified the challenges the world will face over the next 30 years and invests in a range of companies that provide solutions to these challenges.
Some of the investment themes included in the WHEB fund are environmental services, education, cleaner energy and resource efficiency.
In addition to the emissions and wasterwater treated, the investments helped 12,600 people receive healthcare treatment and over 29,000 days of tertiary education was provided globally.
The positive impacts support seven of the UN’s sustainable development goals with a particular portfolio positioning on climate change.
The WHEB strategy helped avoid emissions of 218,000 tonnes of C02 which is equivalent to 800 tonnes of C02 avoided per £1 million invested. For context Capital Global Markets investments were equivalent to an additional 200 tonnes of C02 per £1 million invested.
Pengana Capital Group’s executive director Adam Myers said investors were making ESG a priority and reports such as this highlighted the difference that could make.
“This trend is growing, and investors are becoming more savvy in how they assess the sustainable investment opportunities now available to them.
“The transparency that WHEB provide enables investors to make a tangible connection between their investments and the positive impact that investment can make.”
Investment firm Evans Dixon has commenced a restructure of its management, with its chief executive to drop his current position and focus i...
The full potential of impact investing is not being realised, according to the Community Council for Australia, with the responsible investi...
Australia’s ETF sector ended May at a high of $48.7 billion in funds under management, with all of its monthly growth coming from net infl...