Thomas Schumann Capital® (TSC), the world's leading solutions provider for investible indices and products that measure and track water risk, is now a proud signatory of the United Nations-supported Principles for Responsible Investment (PRI), an international network of over 3,600 organizations encompassing more than 60 countries and US$100 trillion in assets.
“Our solutions to help investors measure their exposure to water risk makes us a natural fit to be a PRI signatory,” explained founder Thomas Schumann. “Many investors are currently struggling to effectively integrate water risk into their investments because limited data and tools are hampering their ability to evaluate water risk and promote good water stewardship.”
PRI signatories have committed to following six responsible investment principles, which emphasize incorporating ESG (i.e. environmental, social, and governance) criteria, including water risk, into their business practices.
The organization also underscores targeting and shaping United Nations Sustainable Development Goal (SDG) outcomes through equity investment. In particular, the organization views SDG 6 (Clean Water and Sanitation) as an area that can be materially impacted by responsible investment.
With the weight of the PRI behind advancing SDG 6, all that’s lacking is a way to effectively quantify water risk.
That’s where TSC can help.
TSC offers investable indices and products specifically designed to track water risk in equities. Solutions, such as the TSC Water Risk Index®, are the missing piece of the puzzle for accurately measuring water risk, which would allow investors to quantify and evaluate the water risks in their portfolios, thereby reducing their investment portfolio's water footprint.
“We are delighted to welcome Thomas Schumann to the PRI,” said CEO Fiona Reynolds. “Water risk and the water risk of investments has long been a core issue for the PRI as one of the physical risks around climate change. We are looking forward to working with Thomas Schumann in the coming months.”