Ecofin Global Water ESG Fund (EBLU)
Climate Impact & Sustainability Data (2019, 2022, 2023-09, 2Q 2023)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Water scarcity
- ESG investing
- Sustainable water management
Climate Goals & Targets
Environmental Challenges
- Global water crisis
- Aging water infrastructure
- Declining groundwater supplies
- Increasing water demand
Mitigation Strategies
- Investment in new technologies and solutions
- Improving aging infrastructure
- Maximizing supply through smart meters, water reuse, and desalination
- Moderating demand through advanced irrigation and household water technology
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Social Impact
- Education
- Sustainable Communities
Social Achievements
- Debt investment in Phoenix Modern, a charter school in Phoenix, Arizona, enabling expansion from 135 to 210 students.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- Goal 4 (Quality Education)
Investment in Phoenix Modern contributes to improving quality education for underserved students.
Reporting Period: 2023-09
Environmental Metrics
ESG Focus Areas
- Water infrastructure and management
- Sustainable water-related products and services
- UN Sustainable Goal 6 (clean water and sanitation)
Climate Goals & Targets
Environmental Challenges
- Water demand exceeding supply by ~40% by 2030
- Aging water infrastructure in the US and internationally
- Lacking infrastructure globally
Supply Chain Management
Climate-Related Risks & Opportunities
UN Sustainable Development Goals
- SDG 6
79% of the portfolio aligns with UN Sustainable Goal 6, which calls for water and sanitation for all.
Reporting Period: 2Q 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Water infrastructure and management
- Sustainable water-related products and services
- UN Sustainable Goal 6 (clean water and sanitation)
Environmental Achievements
- 79% of revenue generated from sustainable water-related products and services
Social Achievements
- 74% of the portfolio aligns with UN Sustainable Goal 6
Governance Achievements
- Company-specific ESG screen implemented in creation of fund through our partnership with Sustainalytics
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Water demand is expected to exceed water supply by ~40% by 2030
- Aging infrastructure in U.S. and internationally resulting in significant water loss during transmission and distribution
- $14 trillion of capex is needed for water infrastructure globally
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 6
74% of the portfolio aligns with UN Sustainable Goal 6, which calls for water and sanitation for all.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Ecofin Global Water ESG Fund (EBLU) received a Four Star Overall Morningstar Rating™ among 108 Natural Resources funds as of 6/30/2023.