IN THIS ISSUE

Los Angeles  |  San Francisco Bay Area  |  Philadelphia  |  New York City
www.abacuswealth.com (888) 422-2287
Issue I - February 2012

The 2012 Abacus Investment Committee

Tom O’Connor
CFA, CFP, MBA

Brent Kessel
CFP

Darius Gagne
PhD, CFA, CFP, MBA

Dave DeWolf
CFP, CPA, MBA

Molson Coors: “Green beer anyone?”


Molson Coors is a holding of the DFA US Sustainability Core fund, which is owned by a majority of Abacus clients.
Molson Coors made significant improvements to its environmental footprint, taking on its most material impacts and developing innovative solutions. Consequently, its score has increased notably. Molson Coors has improved to become the top-scoring brewer, 3rd among all beverage makers, and in the top quintile for all consumer staples in our environmental rankings.

 

Climate Change:  Molson Coors increased its Climate Change Solutions Users score by setting clear goals for carbon reduction, cutting energy use, and increasing its use of clean, carbon-free energy.  Molson Coors is using pioneering solutions to reduce greenhouse gas emissions including capturing carbon dioxide released in fermentation to be used in bottling and re-using spent grains from brewing as a low-carbon heat source for its industrial processes.

 

Environmental Vulnerabilities: Molson Coors improved its Toxic Emissions and Regulatory Problems scores, by extending its strong record and cutting problematic emissions through efficiency measures.

 

Environmental Strengths:  Molson Coors made strong strides in Environmental Strengths for this scoring iteration.  Brewing uses a large volume of water, and Molson Coors is tackling this head on. Molson Coors is lead sponsor of the Carbon Disclosure Project’s Water Disclosure Project, as well as being a signatory of the United Nations’ Water Mandate.  Molson has set a goal to reduce its water use per unit of product and announced the achievement of significant reductions recently.  Molson is also converting brewery by-products into fuel-grade ethanol to create a low carbon fuel. These actions boosted both Molson’s Environmental Initiatives and Beneficial Products and Services score.


The vast majority of Abacus clients own the DFA US Sustainability Core and/or International Sustainability Core funds. Both funds include environmental screening scores on over 4,000 companies tabulated by Sustainability Holdings in their allocation algorithms. Each quarter, this newsletter profiles one such company, and its positive or negative environmental behavior.

Abacus Wealth Partners, LLC (“Abacus”) is an SEC registered investment adviser with its principal place of business in the State of California.  Abacus may only transact business in those states in which it is notice filed, or qualifies for an exemption or exclusion from notice filing requirements.  This brochure is limited to the dissemination of general information pertaining to its investment advisory services.  Any subsequent, direct communication by Abacus with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.  For information pertaining to the registration status of Abacus, please contact us or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov).

 

This newsletter contains general information that is not suitable for everyone.  The information contained herein should not be construed as personalized investment advice.  Information was based on sources we deem to be reliable, but we make no representations as to its accuracy.  Past performance is no guarantee of future results.  There is no guarantee that the views and opinions expressed in this newsletter will come to pass.  Investing in the stock market involves gains and losses and may not be suitable for all investors.  Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security.  Information related to the firm’s performance is based on pure model portfolios only and is net of fees.  Certain clients may have holdings that deviate from the model and as such individual client performance may be different than the results presented herein.

 

For additional information about Abacus, including fees and services, send for our disclosure brochure as set forth on Form ADV from us using the contact information herein.  Please read the disclosure brochure carefully before you invest or send money.