Water Intelligence PLC Receipt of LSE's Green Economy Mark
27 Julio 2020 - 1:00AM
RNS Non-Regulatory
TIDMWATR
Water Intelligence PLC
27 July 2020
Water Intelligence receives London Stock Exchange's Green
Economy Mark
Water Intelligence plc (AIM: WATR.L) ("Water Intelligence" or
"Group"), a leading multinational provider of precision,
minimally-invasive leak detection and remediation solutions for
both potable and non-potable water is pleased to announce that it
has been recognised by London Stock Exchange as contributing to the
global green economy.
The Group has received London Stock Exchange's Green Economy
Mark ("Mark"). The Mark identifies companies that derive a
significant amount of their sales from green economy products and
services. Water Intelligence has been dedicated to providing
minimally-invasive technology-based solutions to homeowners,
property management, insurers and municipalities to address issues
of clean water loss and sanitary overflow of wastewater.
The current importance of safeguarding our water infrastructure
is underscored by two systemic realities facing our world: first,
Covid-19 highlights the importance of "essential services," such as
water security, as citizens "shelter-in-place"; and second, the
consequences of climate change - droughts, sanitary overflow from
storm run-off, burst pipes from flash freezing - increase the price
of water and make manifest the need for more effective
infrastructure solutions.
The Green Economy Mark, first introduced in 2019, was created to
highlight companies and investment funds listed on all segments of
London Stock Exchange's Main Market and AIM that are driving the
global green economy. Its underlying methodology incorporates the
Green Revenues data model developed by FTSE Russell.
Executive Chairman, Dr. Patrick DeSouza, stated: "We are proud
to have received London Stock Exchange's Green Economy Mark. The
designation enables Water Intelligence to better communicate its
green credentials to investors and other stakeholders. We have
achieved an outstanding five-year compounded annual growth. We are
also on a mission to provide private sector leadership for the
important public good of water security. We look forward to the
future as we roll-out our next line of products for sewer and
wastewater diagnostics and for irrigation management."
Denzil Jenkins, Interim CEO, London Stock Exchange plc said:
"We're delighted to announce the 2020 group of companies and
funds that have received the Green Economy Mark. There is growing
investor demand for actionable climate and environment-related
financial information, with global asset allocations to green and
sustainable finance increasing each year. The Green Economy Mark
underlines London Stock Exchange's commitment supporting issuers
and investors in the transition to a greener economy."
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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