At Westwood, we embrace caring for our communities and taking steps to take care of the world around us. Our Green Committee establishes initiatives to support this important work.
One of our eco-friendly initiatives for the Green Committee is to securely shred and recycle. In 2017, we shred or recycled nearly 15,000 pounds of paper with Iron Mountain, resulting in the following benefits*:
10,833 lbs. of CO2 emissions were avoided, equaling 1.047 cars off the road per year
37 cubic yards of landfill were avoided
Preserved 126 trees
Reduced 16,909 kWh of electricity or nearly 45 years of energy demand for a laptop
Saved over 205,089 gallons of water, or the equivalent of nearly 23 pools
Once our paper is shredded, the materials are transported to paper mills for pulping. This process provides both security benefits and environmental benefits by reducing pollution, preserving landfill space and saving trees, water and energy resources.
All calculations for metrics in this report were calculated by an independent third party named Quantis, a leading lifecycle assessment consulting firm specializing in supporting companies to measure, understand and manage the environmental impacts of their products, services and operations.
Assumes that, for each short ton of paper recycled, 17 trees are preserved (USEPA 2013a. Communicating the Benefits of Recycling. http://www.epa.gov/osw/conserve/tools/localgov/benefits/).
Assumes the density of dry office paper entering landfill is 5 cubic yards per short ton (Iron Mountain’s measurement).
Assumes a notebook laptop computer is rated 120 watts, used eight hours a day, 365 days per year (estimation).
Assumes a household in-ground pool volume of 12′ x 24′ x 5′ (estimation)
Assumes each short ton of CO2-eq emissions saved is the equivalent to 0.189 cars taken off road annually (USEPA 2013b. Greenhouse Gas Equivalencies Calculator. http://www.epa.gov/cleanenergy/energy-resources/calculator.html).
The Westwood Funds are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with Westwood Holdings Group, Inc. or any other affiliate. SIDCO is located at 1 Freedom Valley Drive, Oaks PA 19456.
To determine if this Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund’s prospectus which may be obtained by calling 1.877.FUND.WHG (1.877.386.3944). Please read the prospectus carefully before investing.
Mutual fund investing involves risk, including the possible loss of principal.