Pengana Capital has calculated the positive social and environmental impacts of the strategy behind the Pengana WHEB Sustainable Impact Fund, noting that for every $1 million invested, positive impacts in healthcare systems, education, waste and water metrics can be measured.
Pengana has issued the Pengana Capital’s WHEB Asset Mananagement Impact Report and Impact Calculator for 2017, showing that $1 million invested in 2017 is linked to positive social impact including:
- 55 people receiving healthcare treatment;
- $118,000 of costs saved in healthcare systems; and
- The provision of 109 days of tertiary education.
“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,” says George Latham, managing partner of WHEB Asset Management. “We believe our investment performance is because of, rather than despite, the Fund’s focus on businesses with a positive impact.”
Similarly, the $1 million of investment generated positive environmental impact, including
- The generation of 670 MWh of renewable energy – equivalent to the annual energy use of 44 Australian households;
- Treatment of 15m litres of waste water, equivalent to the annual production of 121 Australian households; and
- Recycled or recovered 90 tonnes of waste material equivalent to the total waste produced by 53 Australian households.
The Impact Report and Calculator can be accessed here.
Damian Crowley, Director of Distribution at Pengana said: “We are seeing significant growth in the number of investors and their advisors wanting to invest their money sustainably. This latest Impact Report and the Impact Calculator illustrate how investors are having a positive impact on people and the planet, by quantifying the positive impact of their investments.”
WHEB have identified four ‘mega-trends’ that are exerting a powerful influence over the development of the global economy – resource scarcity, ageing population, rising population and living standards, and globalisation. WHEB believes these trends will persist “for decades,” creating market opportunities for companies that provide solutions to mitigate or adapt to those challenges. WHEB also believes that “companies which create positive social and/or environmental impacts, through their products and services and the manner in which they conduct their business, will ultimately enjoy structurally growing markets and will see resilient profitability.” This has led the company to select nine investment themes that focus the attention on the companies that are in the Pengana WHEB Sustainable Impact Fund.
Pengana Capital Managing Director Adam Myers explains more aobut the WHEB Sustainable Impact fund to Audacious Investing in this article.