| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | US1423391002 |
| Industry group | Capital goods |
| Aligned with SDGs |
Carlisle is a US manufacturer of innovative building envelope products and solutions that enable greater energy efficiency in buildings. Its two divisions are Carlisle Construction Materials (~70% of revenues) and Carlisle Weatherproofing Technologies (~30% of revenues). Products include roofing systems, foam and coating systems, insulation panels, waterproofing and moisture protection, protective roofing underlayments and integrated air and vapour barriers.
Investment rationale
Decarbonisation of the built environment is crucial to keep climate change in check. Carlisle reduces carbon emissions with energy-efficient systems throughout the building envelope as a natural offset to the current built environment, which is estimated to contribute to more than 30% of annual greenhouse gas emissions. Carlisle products inherently lead to better insulated buildings, requiring less need for heating and thereby reducing energy needs. Carlisle is also developing bio-based alternatives, with the aim to find suitable lower-carbon raw materials that can be integrated into its products.
Alignment with Triodos Transitions:
In total, 80% of revenues is aligned with the Resource Transition and 10% of revenues is aligned with the Energy Transition. The contribution to the Resource Transition comes from 80% of revenues related to the impact objective Green Buildings. The contribution to the Energy Transition comes from 10% of revenues related to the impact objective Energy Efficiency.