KBI Global Investors (KBIGI) has found that its €468 million Global Resource Solutions strategy has scored a Revenue Alignment SDG Score (RASS) of 69.9%.
The score represents the percentage of revenue contributing to the achievement of the UN Sustainable Development Goals (SDGs).
This score, among others, was revealed in the Dublin-headquartered firm’s most recent sustainability report.
KBIGI said the strategy was increasingly dominated by investment in infrastructure and technological advancement across water, agribusiness and clean energy.
As such, the strategy was found to be contributing most to SDG 9 – Industry, Innovation and Infrastructure (22.4%), SDG 6 – Clean Water and Sanitation (14%) and SDG 11 – Sustainable Cities and Communities (12%).
A further 10.4% of the strategy’s revenue supported SDG 7 – Affordable and Clean Energy.
The score is a net figure and deducts the negative contribution of revenue which was 7.7%. The biggest negative contribution for the strategy was to SDG 7 at 4.1%.
The news comes as KBIGI has released its revenue alignment SDG scores for last year across its suite of Natural Resources strategies.
The KBIGI Circular Economy strategy achieved a high RASS score of 78.8%, while the €2.3 billion KBIGI Water strategy attained 74%.
KBIGI found its €1.4 billion Global Sustainable Infrastructure strategy had a RASS score of 75.6%, with 36% contributing to SDG 9.
The €549 million Global Energy transition strategy scored a slightly lower 63.8% RASS score, with 11% of revenue negatively contributing to SDG 7.
Geoff Blake, director at KGBI, said: “That we have been able to quantify the impact score of our portfolios in this unique way gives us an edge, and we believe we are one of the very few managers to measure and account for a negative element when looking to measure Impact.
“That negative element has proven to be a huge positive, creating further opportunities to engage with management.”
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