The €468 million Global Resource Solutions strategy from KBI Global Investors (KBIGI) received a Revenue Alignment SDG Score (RASS) of 69.9%.
The rating reflects the proportion of revenue that goes toward achieving the UN Sustainable Development Goals (SDGs).
The most recent sustainability report from the company with its headquarters in Dublin included this score among others.
According to KBIGI, investments in infrastructure and technological development related to water, agribusiness, and clean energy were taking center stage in the strategy.
As a result, it was discovered that the strategy was most effective in advancing SDGs 9 - Industry, Innovation, and Infrastructure - SDG 6 - Clean Water and Sanitation - and SDG 11 - Sustainable Cities and Communities (12 percent ).
Additional 10.4% of the strategy's revenue went toward achieving SDG 7 - Access to Affordable and Clean Energy.
The score is a net figure that subtracts the revenue's 7.7 percent negative contribution. SDG 7 made the strategy's biggest unfavorable contribution, at 4.1 percent.
The information was made public at the same time that KBIGI revealed its revenue alignment SDG scores for the previous year across its family of Natural Resources strategies.
The €2.3 billion KBIGI Water strategy received a 74 percent RASS score, compared to the high RASS score of 78.8 percent for the KBIGI Circular Economy strategy.
KBIGI discovered that its €1.4 billion Global Sustainable Infrastructure strategy had an overall RASS score of 75.6%, with 36% going toward SDG 9.
A slightly lower score of 63.8 percent was achieved by the €549 million Global Energy Transition Strategy, with 11 percent of revenue negatively impacting SDG 7.
Geoff Blake, director at KGBI, stated: "That we have been able to quantify the impact score of our portfolios in this unique way gives us an edge, and we believe we are one of the very few managers to measure and account for a negative element when looking to measure Impact."
"That negative element has proven to be a huge positive, creating further opportunities to engage with management."
By fLEXI tEAM
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