Invested through	Hivos-Triodos Fund Triodos Impact Strategy Fund - Defensive Triodos Impact Strategy Fund - Balanced Triodos Impact Strategy Fund - Offensive Triodos Impact Strategy Fund - Dynamic
Asset Classes	Private equity
Impact strategy	Energy and Climate
Aligned with SDGs

GPS Renewables is a leading and innovative bio-energy technology company in India that develops disruptive organic-waste-to-energy solutions.

GPS tackles two pressing problems: the rapid growth of ‘wet waste’ in India’s (semi-)urban areas and energy poverty in rural areas. The company successfully developed the BioUrja, a state-of-the-art modular biogas plant, which collects organic waste (e.g. food leftovers) and transforms that into biogas at source.

With its innovative approach GPS leads the way to a circular economy. Biogas is a renewable resource with a continuous production-and-use-cycle and generates no net carbon dioxide. Furthermore, only 20% of the overall waste is recycled in India, which worsens the problem of landfills and results in additional transportation costs to dump this waste. Captive biogas plants allow the biodegradable waste to be treated at the source of waste origination and meet 10-30% of the in-house energy or gas consumption.

GPS’ waste-to-energy solutions cater to various sectors, including hospitality, educational institutions, corporate and industrial clients.

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Impact Equities and Bonds

The SDGs mentioned in the company sections are linked to the (main) transition theme that the company contributes to, not directly to its products or services. Refer to the Sustainability Annex in the prospectus for more information.

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