Impact Calculator Methodology

This Impact Calculator utilizes Sustainable Platform’s proprietary categorization of companies’ revenues to estimate the revenue associated with selected Sustainable Development Goal targets. Details of Sustainable Platform’s approach and methodology are available by contacting us at www.sustainableplatform.com. The examples are provided to illustrate the equivalent impact of the estimated revenue related to each target and may not be representative of the actual activities of the companies owned by the Fund.

Education

Access to education is important in reducing disparities between developing and developed nations and underpins the achievement of sustainable development goals.

This contribution is calculated using companies’ estimated revenues from providing direct education and supporting education related activities. The equivalent impact is illustrated by dividing that dollar amount by the estimated total government funding of public schooling in Australia per student per year. 1

This indicator contributes to SDGs 1 and 4.

Food

Food security and improved nutrition is a key piece in human and sustainable development.

This contribution is calculated using the estimated revenue from food production and supply. The equivalent impact is illustrated by dividing that dollar amount by the estimated average Australian daily expenditure per person on food and non-alcoholic beverages. 2

This indicator contributes to SDGs 1, 2 and 11.

Health and Healthcare

Access to adequate healthcare facilities is important for controlling spread of disease, providing reproductive, maternal and child health and affordable access to medicines and vaccines.

This contribution is calculated using individual companies’ estimated revenue from activities in the healthcare sector and research and development towards healthcare products. The equivalent impact is illustrated by dividing that dollar value by the estimated cost of administering vaccines or a standard GP consultation. 3

This indicator contributes to SDG 3.

Housing and Buildings

This contribution is calculated from the individual companies’ estimated revenue from products and services related to buildings and housing, including energy efficient materials and appliances. The equivalent impact is illustrated by dividing this dollar value by the estimated cost of a 10W LED light globe in Australia and the related reduction in emissions of using LED light globes compared to halogen light globes over a 10 year period. 4

This indicator contributes to SDGs 11 and 1.

Low Carbon Transport

This contribution is calculated from the individual companies’ estimated revenue from low carbon modes of transport and products and services related to low carbon modes of transport. The equivalent impact is illustrated by dividing this dollar value by the estimated cost of rail transport in Australia per kilometer per passenger and the related reduction in emissions of rail transport passenger kilometers compared to passenger vehicle transport. 5

This indicator contributes to SDGs 11 and 13.

Renewable Energy

Access to reliable and modern energy supports all areas of well-being from health, education, communication and infrastructure.

This contribution is calculated using companies' estimated revenue from activities related to the generation and supply of renewable energy. The equivalent impact is illustrated by dividing that dollar value by the estimated global weighted average cost of new utility-scale solar generation and the average annual Australian household electricity consumption. 6

This indicator contributes to SDGs 7, 9 and 13.

Waste Management

Safe, ethical and responsible waste management reduces the negative impacts on the environment and human health.

This contribution is calculated from individual companies' estimated revenue related to waste management and recycling activities. The equivalent impact is illustrated by dividing this dollar amount by the estimated average cost of collection and processing waste in Australia and the average household waste production per annum. 7

This indicator contributes to SDGs 6, 12 and 15.

Water

Water is essential to preventing disease, improved food security, and protecting ecosystems.

This contribution is calculated from the individual companies’ estimated revenue from water and products and services related to water treatment and sanitation. The equivalent impact is illustrated by dividing that amount by the average cost of household water supply in Australia and the recommended daily water consumption for adults. 8

This indicator contributes to SDGs 6, 11 and 15.

Information & Communications Technology

Information and communications technology is a significant enabling technology for knowledge sharing and improved coordination in the multi-faceted works towards sustainable development. For example, access to affordable internet is required in schools for pedagogical purposes; it is also required to mobilise financial resources to developing countries and to promote the empowerment of women.

This contribution is calculated from the individual companies’ estimated revenue from products and services related to information and communications technology. The equivalent impact is illustrated by dividing this dollar value by the estimated price of 1GB of data in Australia and the estimated data usage for a Zoom group call with a video quality of 1080p. 9

This indicator contributes to SDG 9.

Education and Research

Access to education is important in reducing disparities between developing and developed nations and underpins the achievement of sustainable development goals. Research advances knowledge and education, as well as provides frameworks to face the challenges in achieving sustainable development goals.

This contribution is calculated from the individual companies’ estimated revenue from products and services which support education and research activities. The equivalent impact is illustrated by dividing that amount by the estimated average cost of higher education study in Australia per student per year. 10

This indicator contributes to SDGs 4 and 9.

Clean and Affordable Energy

Access to reliable and modern energy supports all areas of well-being from health, education, communication and infrastructure.

This contribution is calculated from the individual companies’ estimated revenue related to the generation and supply of clean and affordable energy, including renewable energy and rechargeable batteries. The equivalent impact is illustrated by dividing that amount by the estimated average cost of electricity generated from wind and solar in Australia and the average annual Australian household electricity consumption.11

This indicator contributes to SDG 7.

Portfolio Metrics

Sustainable Platform analyses funds for their SDG contribution, Greenwashing Risk and Reputation Risk. These metrics provide independent and quantitative assessment for non-financial risks to help meet fiduciary duty.

SDG contribution is sustainable development goal contribution by sales in products and services by companies that help people to clearly meet UN sustainable development goals.

Greenwashing Risk is a metric which shows the risk of a company to negatively impact the environment.

Reputation Risk is measured by the number of companies with higher than average controversial products and services as well as where companies have social equity related metrics that are well outside the norm.


Note 1 - Total government funding of public schooling in Australia per student per year of A$16,399 (Source: https://www.theguardian.com/australia-news/2021/feb/02/australian-government-funding-for-private-schools-still-growing-faster-than-for-public ); Typically 200 days of schooling per year in Australia (Source: https://www.infoplease.com/world/social-statistics/school-years-around-world ); inferred average cost of funding a day of schooling in Australia of A$81

Note 2 – Average Australian weekly household expenditure on food and non-alcoholic beverages (2016) of A$237 (Source: https://www.abs.gov.au/statistics/economy/finance/household-expenditure-survey-australia-summary-results/latest-release#average-household-spending ); Average persons per household in Australia (2015-16) of 2.6 (Source: https://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/6523.02015-16?OpenDocument ); Inferred average Australian daily expenditure per person on food and non-alcoholic beverage of A$13

Note 3 - Cost of administering vaccines in paediatric medical practices in USA, 2009 of US$29.77 (Source: https://pediatrics.aappublications.org/content/pediatrics/124/Supplement_5/S472.full.pdf ); Assumed USD-AUD exchange rate of 0.72; Implied cost of administering vaccine of A$41.34; Prescribed cost of work cover related standard GP consultation in Australia of A$83 ( https://www.sira.nsw.gov.au/__data/assets/pdf_file/0006/586788/2020-SIRA-rates-for-General-Practitioners.pdf )

Note 4 – Cost of 10W LED light globe of $10; Energy use over 10 years of 100kWh vs 420kWh for 42W halogen globes (Source: https://www.energyrating.gov.au/document/factsheet-light-bulb-buyers-guide ); Carbon emissions of 656.4g of carbon dioxide per kWh of electricity generated in Australian (Source: https://www.statista.com/statistics/1190081/carbon-intensity-outlook-of-australia/ );

Note 5 – Australian household expenditure on rail transport of $4.2 billion (Source: https://ara.net.au/wp-content/uploads/REPORT-ValueofRail2020-1.pdf ); Total Australian Railway Passenger Kilometers of approximately 17 billion per annum; every passenger kilometre travelled by rail, instead of car or motorcycle, saves an additional 50 grams of CO2 equivalent being emitted (Source: https://data.gov.au/data/dataset/national-passenger-travel-by-transport-mode/resource/bfd1e484-cc11-421c-b5ee-6d26bb28d93b ); Implied average cost per passenger kilometer of rail transport in Australia of $0.24 and average CO2 equivalent emissions reduction is 50g per kilometer.

Note 6 - Global Weighted Average Cost of New Utility Scale Solar Generation (2020) of US5.7c/kWh (Source: https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2021/Jun/IRENA_Power_Generation_Costs_2020.pdf ); Assumed USD-AUD exchange rate of 0.72; Implied levelised cost of new utility scale solar generation of A7.9c per kWh; Average Daily Household Electricity Consumption in Australia of 15kWh per day (Source: https://www.aer.gov.au/system/files/Residential%20energy%20consumption%20benchmarks%20-%209%20December%202020_0.pdf)

Note 7 – The Australian waste and resource recovery sector managed about 60 Mt 44 of waste in 2018-19… and provided services valued at $15.8 billion (Source: https://www.environment.gov.au/system/files/pages/5a160ae2-d3a9-480e-9344-4eac42ef9001/files/national-waste-report-2020.pdf ); Implied average cost of collection and processing waste in Australia of $263/tonne; Annual Household Waste in Australia (2016-17) of 12.4Mt (Source: https://www.abs.gov.au/statistics/environment/environmental-management/waste-account-australia-experimental-estimates/latest-release ); Number of Households in Australia (2016) of 9.2m (Source: https://www.abs.gov.au/statistics/people/population/household-and-family-projections-australia/latest-release ); Implied average household waste production per annum of 1.34t

Note 8 - Average cost of household water supply in Australia - $3.3/kilolitre (Source: https://www.abs.gov.au/statistics/environment/environmental-management/water-account-australia/latest-release ); Recommended daily water consumption of 2.3 litres per adult per day (Source: https://www.betterhealth.vic.gov.au/health/healthyliving/water-a-vital-nutrient ); Implied cost of drinking water for one Australian adult per annum of $2.77

Note 9 - The cost of 1GB of data in Australia of 0.84c based on A$0.67 per US$1 (Source: https://www.cable.co.uk/mobiles/worldwide-data-pricing/); Data usage (upload and download) for a Zoom group call with a video quality of 1080p of 2.4GB (Source: https://www.whistleout.com.au/Broadband/Guides/How-much-data-does-Zoom-use)

Note 10 - Average total cost of higher education study in Australia in 2022 from Commonwealth and student funding of A$25,552 (Source: https://www.education.gov.au/higher-education-loan-program/resources/2022-allocation-units-study-funding-clusters); Typically 130 days of tertiary study per year in Australia (2 semesters at 13 weeks per semester); Inferred average fee of a day of tertiary study in Australia of $197.

Note 11 - Average electricity generation cost for wind and solar in 2020 of $52.84 per MWh (Source: https://reneweconomy.com.au/csiro-gencost-wind-and-solar-still-reign-supreme-as-cheapest-energy-sources/ ); Average Daily Household Electricity Consumption in Australia of 15kWh per day (Source: https://www.aer.gov.au/system/files/Residential%20energy%20consumption%20benchmarks%20-%209%20December%202020_0.pdf)