28: Seb Beloe of WHEB AM - Investing In The Transition To A Zero Carbon And Sustainable Economy

<div>WHEB Asset Management is a positive impact investor focused on the opportunities created by the transition to a low carbon and sustainable global economy.<br> <br> </div> <div>Seb Beloe is the Head of Research and leads the integration of sustainability analysis within the investment process, as well as overseeing engagement activities. Previously, Seb was Head of SRI Research at Henderson Global Investors where he led on the identification and analysis of sustainability themes and company-level corporate responsibility analysis. Prior to Henderson, Seb was the Vice President of Research and Advocacy at SustainAbility.  He has published several reports on sustainable business, and has been a member of numerous corporate advisory boards and awards panels. Seb has two degrees in environmental science and technology, from the University of East Anglia and Imperial College and is a Chartered Environmentalist.</div> <div><br> </div> <div>Highlight:</div> <ul> <li>You must have a long term perspective in investing.</li> <li>“...what’s really changed is the level of interest in sustainability and impact investing from institutional investors and retail investors as well.”</li> <li>We see an ESG stampede around some particularly high profile companies that are clearly providing some kind of low carbon solution. The most obvious example is Tesla.</li> <li>Methodology on measuring the impact and taking numbers from a company e.g. Kingspan and translating the impact into energy saved and carbon emissions.</li> <li>Engagement during company Annual General Meetings and proactive engagement to speak with companies’ management.</li> <li>You have to analyse companies and be actively looking at how they are reducing carbon emissions.</li> <li>It is important to frame the conversation around the business case, not just because its good for the planet.</li> <li>Large institutional investors are required to at least think about ESG issues, but they are also under a lot of pressure from their own beneficiaries to invest in a mo