Aligning Profit with Purpose - Investing for a Better Future with Damian Cottier
Description
Damian Cottier, Portfolio Manager of the Perennial Better Future Trust (IMPQ), says that Sustainable Investing is about more than just avoiding ‘Sin’ stocks. It’s about exploring what truly constitutes a truly sustainable investment and ensuring there is a strong alignment between profit and purpose.
It’s also about allowing investors access to the transition to a more sustainable and better future. A case study that we talk about is Calix, an industrial solutions company dedicated to solving global sustainability challenges. Their projects include separating carbon dioxide in the lime and cement production process (an industry responsible for around 9% of global greenhouse gas emissions), as well as partnering with Australian companies – for example working with Pilbara Minerals on the electrification of the lithium refining process.
Damian joined Perennial in 2002 and he has accumulated considerable experience during this time as a senior analyst in small, mid and larger cap stocks. Prior to joining Perennial, Damian worked as a lawyer in Sydney and Hong Kong in corporate law, mainly dealing with governance issues and mergers and acquisitions. He has law and commerce degrees from the University of NSW.
I hope you enjoy this discussion with Damian Cottier of the Perennial Better Future Trust.
We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and emerging.
You can check out the Better Future Trust at https://einvest.com.au/impq. For more information about James Baird and JustInvest Financial Planning see: justinvest and ethicalinvestment.