The Ledger
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Andrich: Traditional ESG rewards efficient production of harmful products
“You might be a producer of something that is hurting people or harming the planet, but maybe you're doing it in an efficient way. ESG tends to give you a good mark for that.”
Sustainable Platform covers 22,000 companies, nearly all globally listed equities
“So for example, but we have 22,000 companies on the platform. So it's pretty much every globally listed company almost.”
Sustainable Platform rated Volkswagen as high risk over diesel production
“So, you know, we had VW as high risk because it produced diesel cars.”
Sustainable Platform charges fund managers an average of $4,000 monthly
“Well, on average, they're paying about four K a month.”
Sustainable Platform serves 30 direct fund managers and hundreds indirectly
“So we've got about
30 fund managers directly.
indirectly, because we've got some partnerships, there's a few hundred.”
Sustainable Platform Raised $100,000 at an $8M Valuation Cap
“So around it was around eight, eight mil.”
Andrich: Sustainable Platform Has Been Profitable for Three Years
“Yeah, we've been profitable for three years now.”