| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| Bloomberg ticker | MWA US |
| ISIN code | US6247581084 |
| Industry group | Capital Goods |
| Aligned with SDGs |
Mueller Water is a US supplier of products for the repair and maintenance of water infrastructure (transmission, distribution and measurement). It is active through two segments: Infrastructure and Technology. The infrastructure segment accounts for 90% of revenues. The company will change its segmentation into two new segments: Water Flow Solutions which contains valves and brass products and Water Management Solutions. The latter contains fire hydrants, products for metering, leak detection and pressure control and software.
Investment rationale
Access to clean and reliable water is essential for public health and well-being, as emphasized by the World Health Organization and UNICEF, yet millions of people still lack safe water and sanitation services. As it relates to children specifically, UNICEF states that over 700 children under age 5 die every day of diarrhoeal diseases due to lack of appropriate WASH services. In the US, more than 2,000,000 Americans live without access to safe drinking water and sanitation. Mueller Water contributes to addressing these challenges by providing technologies and infrastructure solutions that promote water efficiency and reduce waste. Its products help communities and utilities modernize aging water systems, detect and repair leaks, and better monitor water use, thereby conserving a critical resource. By supporting more efficient and resilient water networks, Mueller Water not only helps prevent unnecessary water loss—especially important amid increasing droughts and climate-related stress—but also advances equitable access to safe water, supporting both environmental sustainability and social well-being. The company therefore contributes to better conservation of and providing access to a scarce resource. .
Alignment with Triodos Transitions:
In total 83% of the revenues of the company is aligned with one or more Triodos Transitions. 70% of revenues is aligned with the Resource Transition and 20% of revenues is aligned with the Wellbeing Transition.
The contribution to the Resource Transition comes from 62% of revenues related to the impact objective Sustainable Water & Wastewater Management. The contribution to the Wellbeing Transition comes from 21% of revenues related to the impact objective Safety & Security.