VANCOUVER, Feb. 22 /CNW/ - Inhance Investment Management is the first
Canadian mutual fund company to build a mutual fund portfolio that integrates
company financial performance with their ability to address risks from climate
change. The Inhance Global Leaders Fund consists of companies with strong
financial outlooks and leadership in specific areas of environmental
performance, social responsibility and corporate governance.
"Mainstream financial analysts are starting to recognize that climate
change has the potential to dominate economic performance over the next
century. Inhance takes a close look at the risks, vulnerabilities, strengths
and opportunities that climate change presents to investments," says Dermot
Foley, VP Strategic Analysis. "We systematically analyzed potential
investments and identified companies who are addressing this issue in a
variety of ways."
The Inhance Climate Strength Analysis looks at companies in five key
areas; involvement in emissions trading, low carbon fuel production, risk
management, meaningful emission reduction targets and investment in research
and development.
"In constructing our Global Leaders portfolio we are excited to find
companies, in all sectors of the economy, with strategies to reduce these
risks and take advantage of opportunities for addressing climate change." says
Foley. "Conventional wisdom points to wind or solar power as the only way to
address this problem, however, in reality numerous diverse strategies are
being used to tackle climate change."
About Inhance Investment Management Inc.
Inhance Investment Management Inc. is a Canadian mutual fund company
dedicated to responsible investment principles and is a member of the Vancity
Group.
For more information, visit www.inhance.ca.
For further information: Krista Vriend, Vice-President Marketing &
Communications, Inhance Investment Management Inc., (604) 975-3308, (604)
340-2030, kristavriend@inhance.ca
