The Osmosis MoRE World Resource Efficiency Fund will own a long-only portfolio compiled from the most resource efficient large-cap global businesses in developed markets.
Osmosis developed its Model of Resource Efficiency (MoRE) metric to identify companies that use resources in the most efficient manner. MoRE takes public data to measure and compare resource efficiency amongst the world’s largest companies.
The quantitative process uses the observed levels of water used, waste created and energy consumed to generate a unit of revenue to determine how efficient a company’s processes are.
The asset manager claims this allows it to identify traits attractive to shareholders, as well as a firm’s sustainability record.
Gerrit Heyns, partner at Osmosis, said: “Our methods are quite innovative, but our thesis is simple and intuitive: companies which are better at turning resources into revenue deliver greater shareholder value.”