| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | GB00BKRC5K31 |
| Industry group | Capital goods |
| Aligned with SDGs |
Genuit is a UK manufacturer of sustainable water, climate, and ventilation management solutions for the built environment. The company’s product portfolio includes a wide range of piping systems, water management solutions, and ventilation products, designed to meet the needs of various end markets, including construction, civil engineering, and industrial applications. In recent years, Genuit has shifted its focus from piping systems towards more sustainability-driven solutions where the construction industry has increased its focus.
Investment rationale
As climate change progresses, the built environment - which accounts for ~40% of GHG emissions (according to the World Green Building Council) - is a key place where more investment will be needed over the coming decades to mitigate and adapt to the effects of climate change. Initiatives on green buildings, which assess the sustainable performance of building materials and the performance of buildings as a whole (i.e. on energy efficiency), will grow in importance and thus be a key factor of demand for certain products going forward. Genuit's portfolio of sustainable solutions addresses this challenge and should benefit from these trends.
Alignment with Triodos Transitions:
In total, 70% of revenues is aligned with the Resource Transition and 30% of revenues is aligned with the Energy Transition.
The contribution to the Resource Transition comes from 40% of revenues related to the impact objective Green Buildings, and 30% of revenues related to Sustainable Water & Wastewater Management. The contribution to the Energy Transition comes from 30% of revenues related to the impact objective Energy Efficiency.