FINSUM + Magnifi: Water Crisis Give New Dimension to ESG

April 6, 2021

Two extreme water crises have occurred since the new year and are moving water conservation to the top of the ESG pecking order. Access to clean water during Texas blackouts was a major concern and on the other side of the globe, Taiwan is experiencing a historic drought, detrimental to its semiconductor industry. Most ESG opportunities are centered around greenhouse gas emission, however nine of the ten greatest risk factors for humanity are linked to the water crisis. Many companies couldn’t survive without ample water. The Thomas Schuman Capital U.S. Water Security Index gives its weight to the largest 550 companies by their water footprints and risk exposure. Companies like AT&T or Microsoft are given higher weights. The TSC has outpaced the S&P 500 by over 14% since its inception. The Invesco Water Resources ETF directly invests in purification and conservation companies and has also outpaced the S&P.

(Los Angeles)


FINSUM + Magnifi: Severe droughts are a serious threat to many industries in the U.S. Hedging against an increasingly likely risk scenario is a smart play.


New call-to-action

Magnifi is changing the way we shop for investments, with the world’s first semantic search engine for finance that helps users discover, compare and buy investment products such as ETFs, mutual funds and stocks. As of April 2021, 300,000+ users with $500+ Billion in Assets Under Influence, have used Magnifi over 1,500,000 times. Try it for yourself today.

 

This blog is sponsored by Magnifi. The information and data are as of the publish date unless otherwise noted and subject to change. This material is provided for informational purposes only and should not be construed as individualized investment advice or an offer or solicitation to buy or sell securities tailored to your needs. This information covers investment and market activity, industry or sector trends, or other broad-based economic or market conditions and should not be construed as investment research or advice. Investors are urged to consult with their financial advisors before buying or selling any securities. Although certain information has been obtained from sources believed to be reliable, we do not guarantee its accuracy, completeness or fairness. Past performance is no guarantee of future results. This content may not be reproduced or distributed to any person in whole or in part without the prior written consent of Magnifi. [As a technology company, Magnifi provides access to tools and will be compensated for providing such access. Magnifi does not provide brokerage or custody services.]

 

Magnifi in Action: Discover "Best ESG Funds"

Click on any fund in the chart below to dig deeper.

 

 

 

Related Posts

FINSUM + Magnifi: The Big Loophole to Biden’s Tax Plan is…

April 27, 2021

In its fourth-quarter earnings report, BofA stole public attention by cutting its...

FINSUM + Magnifi: China Forcing Financial Institutions to Go Green

April 27, 2021

Central Bank Governor Yi Gang said that Chinese financial institutions will have...

FINSUM + Magnifi: Agriculture Changing the ESG Landscape

March 2021

Farming, often considered one of the original green industries, has fallen out of...

FINSUM + Magnifi: ESG Grows and Branches into New Territory

March 2021

The pandemic has shifted the paradigm for many investors as they look to...