Perennial Better Future Trust

Product Name

Perennial Better Future Trust

Issuer

Perennial Value Management

Category

Investment

Type

Fund or Trust

Target

Wholesale, Retail, Institutional

Certified Since

2020

Asset Classes

Small Caps - Australian Equities

Markets

Australia

Investment Approaches

Positive Screening, Engagement and voting

It Includes:

  • Riaa icons 14 Education
  • Riaa icons 12 Healthcare and medical products
  • Riaa icons 10 Renewable energy and energy efficiency
  • Riaa icons 15 Social and sustainable infrastructure
  • Tree green background Sustainable land and agricultural management
  • Riaa icons 31 Sustainable water
  • Investment2 More sustainable companies

It has some level of screening for:

  • Riaa icons 33 Fossil fuels

It fully excludes:

  • Riaa icons 41 Alcohol
  • Riaa icons 56 Animal cruelty
  • Riaa icons 36 Armaments
  • Riaa icons 42 Gambling
  • Riaa icons 34 Logging
  • Riaa icons 50 Nuclear power
  • Riaa icons 99 Pornography
  • Riaa icons 35 Tobacco

Overview

The Trust is an actively managed portfolio of mainly smaller and mid cap listed companies that are considered to be Better Future Investments. Perennial’s analysts use environmental, social and governance (ESG) integration to consider material ESG risks and opportunities as part of their company analysis and seek to invest in Better Future Investments. Perennial also engages with company management and directors as a tool to discuss and improve performance on material ESG topics.


Description


Better Future Investments are companies that at the time of acquisition:
 
a) Derive more than 50% of their revenue from business operations in:
  • Renewable energy, improving energy efficiency or seeking to reduce greenhouse gas emissions; or
  • Water treatment or remediation; or
  • Environmental services or otherwise focussed on environmental outcomes; or
  • Improving social welfare outcomes; or
  • Health outcomes, products and services; or
  • Education
 
OR
 
b) Have a Perennial-derived Environmental, Social, Governance and Engagement Score (“ESGE Score”) that exceeds the ESGE score of the benchmark index.
 
We do not invest in companies that to our knowledge derive any revenue from:
  • the manufacture, distribution or sale of tobacco or alcohol products;
  • the manufacture, distribution or sale of weapons or armaments;
  • extraction or sale of thermal coal, uranium, oil or gas (other than recycled oil);
  • gambling or betting operations;
  • the production, sale or distribution of pornography;
  • the manufacture or distribution of toxic pesticides;
  • old growth forest logging; or
  • operations or transportation associated with the live exportation of animals offshore.


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