Best sustainability reporting by an asset or fund manager, medium and small: WHEB Asset Management

To ensure it fulfils its strategy to invest in companies that deliver a positive social or environmental impact, WHEB Asset Management has developed a variety of tools to measure and evidence this impact.

Seb BeloeOne such analytical tool is the 'impact engine' which measures and codifies with a score the overall impact intensity of a company's products and services. The tool aims to capture the different dimensions of positive impact that are created by products and services. The output of the impact engine is an ordinal score evaluating the intensity of any given positive impact.

A variety of data and tools are used to measure the ultimate impact associated with these products and services.

WHEB uses company reported, industry and inferred data, and reports quantified metrics covering key areas such as avoided carbon emissions, renewable energy generated (MWhs), waste recycled (tons) as well as social metrics, such as the numbers of people benefiting from education or from healthcare.

WHEB also reports the impact of its engagement. It reports on the number of engagement initiatives as well as its voting at company meetings and provides detailed case studies of its engagement.

This information is detailed in several publications, including annual and quarterly client reports, that report the investment strategy's positive impact. This includes a microsite where investors can calculate the impact associated with their level of investment in the fund and also links the fund's alignment to the UN Sustainable Development Goals (SDGs).

"As sustainable and impact investing becomes ever more popular, transparency and accountability become even more important. We are thrilled to have received this recognition from Environmental Finance for our deep-rooted commitment to radical levels of transparency around our investment strategy and philosophy," said Seb Beloe, partner and head of research at WHEB.

In addition, WHEB also reports on its own waste generation, supplier engagement, gender diversity initiatives and own direct carbon emissions and has committed to net zero carbon emissions on its own business by 2025.

"Reporting is detailed and communicates impact extremely well through a variety of media including narrative case studies, quantitative data, and powerful charts," concluded one Environmental Finance Sustainable Investment Awards judge.