6. CLEAN WATER AND SANITATION

Truist Financial (TFC) ESG Score and Rating 2024

Written by Amanda

Negative Impacts

The use of highly scarce natural resources, such as fresh water, or scarce minerals and metals. This can occur either directly through the company’s core products and services, indirectly through its suppliers’ operations or when its products and services are used by customers.

Example: a company runs an industrial process that uses large amounts of fresh water, or produces solar panels with rare earth metal components.

Positive Impacts

Saving or increasing the amount of highly scarce natural resources, such as fresh water, and scarce minerals and metals. This can occur either directly through the company’s core products and services, indirectly through its suppliers’ operations or when its products and services are used by customers.

Example: a company produces water desalination systems, which increase the amount of fresh drinking water available.

Source: marketbeat.com

About the author

Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai