www'asria'org

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The Association for Sustainable and Responsible
Investment in Asia Perspectives on Sustainable
Investment October 2002
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Why?
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(No Transcript)
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Five World Economy
Linear Economy
Energy
Fossil Fuels,Nuclear
CO2, Nox,SOx
Materials
Heavy metalsCarcinogens,EDCs
Rich Ore Deposits,Ancient Forests etc..
Products and Services
Source Morley FM
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One World Economy
Cycling Economy
Energy
Renewable Sources
Materials
SustainablyManagedResources
Wastes
Bio-degradablewastes
Quality of Life Enhancers
Source Morley FM
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Sustainability Analysis
Corporate Responsibility
Sustainability Human rights Risk control Business
ethics Corporate governance
Social
Environmental
Labour practices Supplier relations Customer
service Competitive practices Community relations
Policy and systems Pollution and waste Resource
use Hazards and risk Animal welfare
Source Henderson Global Investors
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The Business Case
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Ricoh
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Fujitsu
Sony
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NEC
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Cannon
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Panasonic
Mitsubishi
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Sharp
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Hitachi
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Toshiba
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ProfitabilityOperating income ratio to net sales
(FY 1999 settlement), Environmental rating Oekom
Research,Germany (early 2000) Spearmans rank
correlation coefficient 0.64
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Industries of the Future

• Resource productivity (water/waste management)
• Renewable energy
• Cleantech
• Telecommunication
• Multimedia
• Mass transport
• Health, nutrition, organic agriculture
• Education and training

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SRI Fund Providers in Asia Today

• Korea
• Samsung Group
• Malaysia
• 13 Islamic Funds
• Singapore
• Morley FM
• UOB Asset Mgt
• Taiwan
• UBS
• Asian Funds in ROW
• AMP Henderson (UK)
• Ethical Funds (Canada)
• Glebe (Australia)

• Australia
• AMP Group
• ANA Friendly Society
• Australian Ethical
• BNP Paribas
• Challenger Group
• Equity Trustees
• Glebe
• Hunter Hall
• ING Funds
• IOOF
• Warrakiri Asset Mgmt
• Westpac Investment Mgmt

• Japan
• Asahi Life Asset Mgmt
• Daiwa Asset Mgmt
• Dibj Asset Mgmt
• Mitsui Marine Asset Mgmt
• Nikko Asset Mgmt
• UBS Global Asset Mgmt
• UFJ Partners Asset Mgmt
• Yasuda Asset Mgmt
• Hong Kong
• Friends Provident
• Generali (fund of funds)
• Henderson Global Inv.
• Kingsway
• UBS

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SRI Investment Strategy
Henderson Horizon Global Sustainable Investments
Fund Portfolio By Sector

• Financials 26.1
• Cons. Discretionary 19.6
• IT 16.5
• Industrials 13.3
• Healthcare 7.7
• Telecom Services 6.4
• Consumer Staples 2.7
• Energy 2.6
• Materials 1.0
• Utilities 0.9
• Cash 3.2

Source Henderson Global Investors
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Sustainable Venture Finance in Asia
Industries of the Future

• Small and medium sized opportunities
• Long term requirements 3 to 7 years
• Active, engaged management support
• On-going monitoring of financial and
  sustainability performance

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Initiatives / Funds

• UNEP FI, www.unepfi.net/venture
• CDM, http//unfccc.int/cdm/
• IFC, http//www.ifc.org/sustainability/
• ADB, www.adb.org
• CDC Capital Partners, www.cdcgroup.com
• Venture Capital, www.hkvca.com.hk
• Sector specific corporate investment

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www.asria.org Annual Conference United
Nations University, Tokyo Monday 28th Tuesday
29th October 2002