Thames in global top 20 in sustainable investment survey
Pension funds have found Thames Water to be among the top-20 for environmental, social and governance (ESG) performance in a global survey of infrastructure sustainability.
In the latest Global Real Estate Sustainability Benchmark for Infrastructure report, Thames was ranked first out of seven participating water and sewerage companies in the world, sixth out of 236 companies in Europe and 13th out of 393 world infrastructure firms.
More than 100 institutional investors, with over $22tn in assets under management, use the benchmark data to monitor their investments and “make decisions that lead to a more sustainable real asset industry.”
Thames Water last year tied the interest rate it pays on a £1.65 billion revolving credit facility to its benchmark score with any financial gains going to its charitable fund.
The company’s interim executive chairman, Ian Marchant (pictured), said: “We remain determined to ensure our business activities are conducted in an environmentally sustainable and socially responsible way, they are clearly communicated and well governed.