Our thomas and thomas ‘Pro-Ethical’ service got off to a flying start for our clients this month as we reviewed the first full quarter of performance. Along with a full update on the underlying funds and our market commentary, we also included a short ethical ‘good news’ story. This is something we intend maintaining where viable for our pro-ethical clients. We thought it would be nice to put it up on our website as a quick example of just this one part of our ethical investment service:
Ethical ‘Good News’ Story. Q1 2017
Each quarter we select an underlying investment within our model ‘Pro-Ethical’ portfolios and tell you just something interesting about them which supports their ethical agenda. We hope that this information helps you to feel good about how your money is being used.
This quarter we wanted to let you know about a stock found in our ethical model portfolios in a company called ‘Henkel’.
Henkel has been working on a long-standing project with researchers from BASF. Together they have jointly developed ingredients for a new generation of premium laundry detergents that helps to remove stubborn stains at significantly lower washing temperatures than is possible with conventional laundry detergents.
This new technology is incorporated in the product Persil ColdZyme. If, for example, all of Henkel’s wash loads of colored laundry and synthetic textiles were to be washed at 30 degrees Celsius instead of 40 degrees using Persil ColdZyme, this would have the potential to avoid around 500,000 metric tons of CO2 every year. This volume is equivalent to the annual energy demand of 325,000 European households.
As always, we are here if you need to ask anything at all. Best wishes. Darren
This article is not a recommendation to buy a certain stock but intended for information purposes only to allow our ethical investment clients the opportunity to find out a bit more about the underlying investments that make up their overall financial plan.