We sit down for another responsible investing conversation with Newday Impact Investing CEO Doug Heske. The topic is investing to ensure enough clean water is available for humans, animals and vegetation around the world. In the United States, the Environmental Protection Agency estimated that $472.6 billion of investment is needed by 2035 to continue providing clean safe drinking water, and the opportunities for conservation are everywhere. For example, McKinsey recently reported that between 14% and 18% of domestic potable water is lost each year just to leaks. Doug shares his insights into the rising interest in water investment, discussing Evoqua Water Technologies (NASDAQ: AQUA), Watts Water Technologies Inc. (NYSE: WTS), Middlesex Water Company (NASDAQ: MSEX), Waters Corporation (NYSE: WAT) and Heritage-Crystal Clean (NASDAQ: HCCI).

Despite water funding falling $40 billion dollars short of the amount needed to keep pace in 2020, Doug sees growing interest in water and water conservation investing. Newday Impact manages a suite of socially and environmentally responsible portfolios, including a Fresh Water & Sanitation fund. The fund may invest in the companies discussed. We urge you to do your own due diligence before investing in any companies discussed on Sustainability In Your Ear. You can learn more about Newday Impact Investing at https://newdayimpact.com/.