Clean technology firm Emerald TechnologyVentures will invest in early- to expansion-stage businesses that address global waterchallenges.

1. Home > News > Asset Allocation > Sustainable Water Fund Attracts $100
Million from Temasek, Microsoft
Asset Allocation September 14, 2020
Sustainable Water Fund
Attracts $100 Million
from Temasek, Microsoft
Clean technology firm Emerald Technology
Ventures will invest in early- to expansion-
stage businesses that address global water
challenges.
  
A clean-water venture capital fund has attracted
$100 million in commitments from Singapore
sovereign wealth fund Temasek, as the cornerstone
investor, as well as strategic investors Microsoft,
water technology firm SKion Water, and water
provider Ecolab.
The venture fund from clean technology investor
Emerald Technology Ventures will invest in early-
By using this site you agree to our network wide Privacy Policy. OK, GOT IT

2. to expansion-stage businesses that address water
challenges around the world, the firm said last
week. It will finance technologies that conserve
water resources, support sustainable cities,
improve resource efficiency, adapt to climate
change, and reduce health risks.
“With the closing of this fund, we look forward to
continuing to drive the water sector forward by
utilizing our proven partnership model for the
most innovative water companies,” Helge Daebel,
partner and head of Emerald’s water activities,
said in a statement.
Emerald is expanding in the Asia-Pacific region,
where it opened a Singapore office last year when
it established a water technology incubator to
support local companies. The venture is supported
by Enterprise Singapore, a government agency.
Emerald has successfully exited several
investments in the water sector in the past,
according to SKion Water CEO Reinhard Hübner.
“Helge Daebel as leader of Emerald’s water
activities is widely recognized as one of the most
knowledgeable persons in the global water
investor community,” Hübner said.
Investors are preparing for the impact of water
scarcity over the next decade, when demand for
freshwater is expected to outpace supply by 40%,
according to Ecolab President and Chief Operating
Officer (COO) Christophe Beck.
Some global regions are expected to be affected by
water issues more than others. According to
BlackRock, almost all real estate investment
properties in Australia, Hong Kong, Japan,
Malaysia, and the Philippines will feel the effects of
By using this site you agree to our network wide Privacy Policy. OK, GOT IT

3.  LOG IN TO JOIN THE CONVERSATION
rising tides and eroding coastal shorelines in the
next decade.
Related Stories:
Majority of REITs Will Experience Water Scarcity
by 2030, BlackRock Says
Study: Most Publicly Traded Food Companies
Identify Water as a Financial Risk
Will Climate Change’s Rising Seas Drown Real
Estate, Insurance?
Tags: climate change, Emerald Technology
Ventures, environmental social and governance
investing, ESG, Microsoft, Singapore, sustainable
investing, Temasek, water, water scarcity
By Sarah Min

MOST POPULAR
Goldman’s 10 Reasons That the Bull Market
Will Resume
Increasing Body of Evidence Bolsters Case for
ESG Investing
How Distressed Investors Are Getting Ready for
Business Failures
Will Last Week’s Selloff Wake Up Investors to
the Overvalued Market? El-Erian Asks
How the Changing Energy Picture Affects
Investments
By using this site you agree to our network wide Privacy Policy. OK, GOT IT

4. Home > News > Regulation > Sustainability Leaders to Work on Common
Corporate Reporting Standard
Regulation September 14, 2020
Sustainability Leaders to
Work on Common
Corporate Reporting
Standard
The group of five firms is responding to
criticism that inconsistent disclosures make
ESG reporting confusing.
  
A group of five global sustainability leaders that set
environmental, social, and governance (ESG)
standards will work together to develop a common
framework for corporate reporting, the firms said
Friday.
The lack of consistent sustainability disclosures
has made assessing companies confusing and
difficult, according to a joint report released Friday
from the environmental nonprofit CDP (formerly
the Carbon Disclosure Project), the Climate
Disclosure Standards Board (CDSB), the Global
Reporting Initiative (GRI), the International
By using this site you agree to our network wide Privacy Policy. OK, GOT IT

5. Integrated Reporting Council (IIRC), and the
Sustainability Accounting Standards Board (SASB).
Together, the organizations set the majority of ESG
reporting in the industry.
“We know that businesses globally are already
using a mixture of our frameworks and standards
to provide stakeholders with robust, effective
information to drive better decisionmaking and
capital allocation via their integrated report,”
Charles Tilley, CEO of the IIRC, said in a statement.
The firms are also working with the International
Organization of Securities Commissions (IOSCO)
and the International Financial Reporting
Standards (IFRS), the European Commission, and
the World Economic Forum’s International
Business Council.
More investors than ever before are trying to
incorporate ESG considerations into their
investments, but standards around sustainability
disclosures are still in early stages. While
traditional credit rating agencies broadly assess
companies based on the likelihood that they will
default, it’s far less clear how to judge a company’s
ESG performance.
That discrepancy has attracted criticism from
regulators in the US and Europe. In February, a top
European Union regulator said ESG rating agencies
and financial products need better supervision to
prevent “greenwashing.” In June, the US
Department of Labor (DOL) proposed a rule to chill
ESG investments that are not focused solely on
returns.
Related Stories:
Climate Change Poses ‘Major Risk’ to US Economy,
Says CFTC Report
By using this site you agree to our network wide Privacy Policy. OK, GOT IT

6.  LOG IN TO JOIN THE CONVERSATION
Increasing Body of Evidence Bolsters Case for ESG
Investing
Will Climate Change’s Rising Seas Drown Real
Estate, Insurance?
Tags: CDP, climate change, Climate Disclosure
Standards Board, environmental social and
governance investing, ESG, Global Reporting
Initiative, International Integrated Reporting
Council, Sustainability Accounting Standards
Board, sustainable investing
By Sarah Min

MOST POPULAR
Goldman’s 10 Reasons That the Bull Market
Will Resume
Increasing Body of Evidence Bolsters Case for
ESG Investing
How Distressed Investors Are Getting Ready for
Business Failures
Will Last Week’s Selloff Wake Up Investors to
the Overvalued Market? El-Erian Asks
How the Changing Energy Picture Affects
Investments
    
CHIEF INVESTMENT OFFICER
All News
Surveys
All Lists
Events
ABOUT CIO
About Us
Contact Us
Advertise
Privacy Policy
By using this site you agree to our network wide Privacy Policy. OK, GOT IT

7. Multimedia
Thought Leadership
CIO Alert Archive
ADVERTISE WITH
CHIEF INVESTMENT OFFICER
GO TO STRATEGIC INSIGHT
GET ACCESS TO CHIEF INVESTMENT OFFICER EVERYWHERE
CHIEF INVESTMENT OFFICER IS OPTIMIZED FOR
CIO /PLANADVISER /PLANSPONSOR
702 King Farm Boulevard, Suite 400, Rockville, MD 20850 / +1 212-944-4455 /
issgovernance.com
Copyright ©2020 Asset International, Inc. All Rights Reserved. No Reproduction Without Prior
Authorizations.
By using this site you agree to our network wide Privacy Policy. OK, GOT IT