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:	Education Healthcare and medical products Renewable energy and energy efficiency Social and sustainable infrastructure Sustainable land and agricultural management Sustainable water More sustainable companies
It has some level of screening for:	Fossil fuels
It fully excludes:	Alcohol Animal cruelty Armaments Gambling Logging Nuclear power Pornography Tobacco
Broker	Responsible Returns
URL	https://www.responsiblereturns.com.au/investment-options/perennial-better-future-trust/profile

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

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.

Performance results

Product holdings

Product documentation

Supporting documents

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The products featured on this site have all achieved certification under the Responsible Investment Association Australasia’s (RIAA) Responsible Investment Certification Program.

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What sets these investment products aside from regular ones on the market is they all have some type of responsible or ethical strategy applied to them.

At a minimum, their issuers explain these strategies in public documents and open their offices and books to third party verifiers who check these strategies are implemented according to what you read about them publicly.

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Stewardship & Impact

In July 2019, we lifted our requirements of certified products which we are phasing in over 18 months.

We now require that issuers have organisation-wide commitments to responsible investing and they exercise their responsibilities as stewards of your money - through engaging with companies to improve sustainability performance and voting on shareholder resolutions where possible. All certified products now need to at least avoid significant harm and their issuers will annually report against any sustainability-based claims made by their products. This uplift in program standards is part of our passion for, and on-going commitment to, responsible and ethical investing.

Even though we're lifting the bar, we know your convictions to doing good with your money may be higher and so we have served up our member's certified products with a large dose of transparency and independent verification, so that you can draw your own conclusions from reliable information and choose investments that best suit your individual needs.

*Information Disclosures

While all reasonable efforts are undertaken to ensure information and links on site are current there may be instances where information and documents are updated during the course certification (eg. PDS, Fact Sheet). Certified product issuers are required to update this information as soon as possible on the Responsible Returns site, but there may be some extenuating circumstances impacting timeframes.

The certification program may also assess information provided for certification based on proposed future changes to a responsible investment process that is in-line with Responsible Investment Association Australasia’s (RIAA) Responsible Investment Certification Program criteria. In such instances, members are similarly required to update this information on Responsible Returns within an agreed future timeframe. Old document versions may be reflected on site until this process is finalised.