Evoqua Water Technologies Corp

Pittsburgh, United Stateswww.evoqua.com
Invested through
  • Triodos Pioneer Impact Fund
Asset ClassesListed equity
Impact strategyImpact Equities and Bonds
Bloomberg tickerAQUA US
ISIN codeUS30057T1051
Industry groupCapital Goods
Aligned with SDGs

Evoqua Water Technologies specializes in water treatment technologies, providing municipalities and industrial customers with clean water. The company provides solutions across the entire water cycle, from water treatment and disinfection to processing and reusing water. Evoqua offers a comprehensive portfolio of different proprietary technology solutions sold under a number of market leading and well-established brands.

With over 200,000 installations worldwide, the company holds leading positions in the industrial, commercial and municipal water treatment markets in North America.

Investment rationale

Evoqua offers products and services contributing to the efficient use of clean and high-quality water, as well as wastewater treatment and recycling. As such, Evoqua is part of our Renewable Resources theme. The company's primary focus is on removing impurities rather than neutralizing them through the addition of chemicals, which is a more sustainable way of treating water.

In the near future, Evoqua may have strong impact with its products for the treatment of PFAS in (waste) water. PFAS are long-lasting chemicals that break down very slowly over time, and are used in industrial and consumer products. Current scientific research suggests that exposure to high levels of certain PFAS may lead to adverse health outcomes. Evoqua offers numerous solutions to filter PFAS, including granular activated carbon, ion exchange resins, and liquid-phase carbon treatment. PFAS-related products are likely to contribute to Evoqua's revenues from 2024-2025 onwards.