Suez SA is an environmental leader and a holding in the Pax Global Environmental Markets Fund. The Fund invests in companies that are developing innovative solutions to resource challenges – including water, energy, waste, and sustainable food & agriculture. In this article we discuss Suez SA as an example of how positive environmental impact is a natural outcome of the Fund’s investment process.
Global waste production is rising at a rate of around 3% each year, equating to a doubling every 25 years1 if left unchecked. A significant portion of this is released into the environment, untreated, in the form of wastewater, toxic metals and plastics, the latter of which is becoming increasingly recognized as a marine pollutant.
We see continued innovation in waste recycling processes as creating new opportunities for companies to grow their services and reduce harmful pollution.
Suez SA, a diversified waste management business, works to address the plastic issue alongside other waste challenges. Suez SA has pioneered plastic recycling by developing plants in France, which convert polyethylene terephthalate (PET) in plastic bottles into food packaging. Every year, the company recycles 40,000 tonnes of PET plastic bales, reducing water and energy consumption and saving on packaging costs for companies that utilize the product.2
The full range of services provided by Suez SA contribute to the recovery of around 40 million tonnes of waste material and treating of 7.8 million megalitres of water in 2016.3
For information about the Pax Global Environmental Markets Fund, visit the Fund page here. To learn how we measure the Fund’s environmental impact, read the blog post Making an Impact: Investing in the Transition to a More Sustainable Economy.
As of 3/31/18, Suez SA was 3.2% of the Pax Global Environmental Markets Fund. Holdings are subject to change.