Reliance Worldwide

Atlanta, United
Invested through
  • Triodos Future Generations Fund
  • Triodos Impact Strategy Fund - Defensive
  • Triodos Impact Strategy Fund - Balanced
  • Triodos Impact Strategy Fund - Offensive
  • Triodos Impact Strategy Fund - Dynamic
Asset ClassesListed equity
Impact strategyImpact Equities and Bonds
ISIN codeAU000000RWC7
Industry groupCapital Goods
Aligned with SDGs

Founded in 1949, Reliance Worldwide Corporation (RWC) is a manufacturer of water delivery, control, and optimisation systems for the modern built environment. The company's key products include fittings, pipes, control valves and thermostatic products. The company provides its products under different brands, including SharkBite, Reliance Valves, MultiSafe, and John Guest. The majority of fittings are push-to-connect (PTC), which enables attachment without the use of tools. Products are used in residential, commercial, and industrial plumbing applications. Most of its revenues are derived in North America, but the company also operates in Europe, Oceania, Korea, and China.

Investment rationale

According to the WHO, safe water, sanitation and hygiene are crucial for human health and well-being. UNICEF states that over 700 children under age 5 die every day of diarrheal diseases due to lack of appropriate water, sanitation and hygiene services. This issue does not only affect developing countries, as more than 2,000,000 Americans live without basic access to safe drinking water and sanitation. RWC's products are key in enabling access to water and sanitation as they bridge the gap between water infrastructure and the built environment.