On the Money

Kerry Ho, CEO Inhance Investment Management, inhance.ca


by Marlane Press

Photo by: Jenny Chen
Jennychen.ca

Imagine the concept of using money to create a more sustainable and just world—instead of just more money. That’s what clinched the deal for Kerry Ho when he decided to join Inhance Investment Management. Inhance is the first Canadian mutual fund company to build a portfolio that integrates company financial performance with its ability to address risks from climate change.

“When the opportunity arose, I saw it as a chance to do things in an extraordinary way,” Kerry explains. “It is possible to invest money in a way that creates the wealth we need for schools or retirement, et cetera, and leave a world that’s worth living in for future generations.”

Becoming Inhance’s CEO, Kerry had reached the point where he wanted to bring socially responsible investing into the mainstream. He was drawn by the prospect of using his expertise in business and finance to create a more Earthfriendly investment model.“I saw a lot of people volunteering and doing other good work, but not consciously thinking about how their money could make a difference.” Inhance evaluates companies in five key areas: involvement in emissions trading, low-carbon fuel production, risk management, meaningful emission reduction targets, and investment in research and development. It’s all part of what Inhance calls a“Return on Responsibility.”

In future, Kerry believes that socially responsible investment will be part and parcel of all investing. In order for corporations to survive, he asserts, they must become more sustainable and transparent, and ultimately must manage and meet the expectations of all stakeholders, employees, shareholders, customers, and the community.“It’s just the right way to do things,” he says.