Responsible Investing

Investment in Sustainable Technologies Has Grown Steadily

Our corporate venture arm, Agility Ventures, invests in technology companies with disruptive business models. As of end of 2022, our portfolio of ventures investments includes logistics and transportation, as well as technologies and partnerships that support e-commerce, online freight, low greenhouse gas (GHG) emissions mobility, agriculture and health-tech. Many of these investments have a direct or indirect sustainability focus.

Investment in companies with a sustainability focus between 2018-2022

Examples of Investments with a Primary ESG Focus or Impact

We have invested $181.2 million in companies with a primary focus on and/or quantified environmental or social impact, as of the end of 2022. These companies include those for which there is a relevant FTSE Russell Green Revenues Classification System (GRCS) description. Here are some featured examples.

Transport Equipment, Tier 1 - Road Vehicles (General)

Hyliion, USA (listed)

Hyliion produces electrified powertrain systems that can augment or fully replace traditional diesel- or natural gas-fueled powertrains. Its systems are designed to improve performance and lower total cost of ownership while leveraging the existing alternative fuel infrastructure.

Transport Equipment, Tier 1 - Road Vehicles (General)

Volta, Sweden (non-listed)

Volta offers fully electric trucks that not only reduce CO2 emissions and air pollution, but also protect road users and drivers with innovative safety features including optimum visibility, easy visual communication, and central seating. The Volta Zero features Europe’s first use of a truck e-Powertrain, with the removal of the internal combustion engine enabling a complete redesign of the established vehicle concept.

Energy Generation, Tier 1 - Cogeneration (Renewable)

TVP Solar, Switzerland (non-listed)

TVP Solar produces solar panels using vacuum technology to provide the highest performing and most affordable solar thermal energy in the world. TVP’s technology is suitable for industrial and manufacturing applications where heat and cooling energy is required.

Transport Equipment, Tier 3 - Road Vehicles (General), Brazil (non-listed)

Frete offers a digital platform connecting shippers with transportation providers and truck drivers, making trucking capacity available to those who need it and increasing efficiency. Frete states that it enables trucking companies to reduce emissions by approximately 20% through improved asset use and routing.

Transport Equipment, Tier 3 - Road Vehicles (General)

Loop, USA (non-listed)

Loop operates in more than 20 countries, offering high-performing electric vehicle (EV) charging station solutions for commercial, multifamily residential, and municipal markets. Its aim is to make EV charging affordable and accessible to everyone. The company offers a range of options, including simplified solutions designed for homes, high-powered solutions designed for fleet vehicles, and ultra-fast solutions designed for on-the-go convenience.

Infrastructure technology, including for smarter and more sustainable physical infrastructure

ISQ's Global InfraTech Fund

I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecommunications and transport in North America, Europe and select high-growth economies. Agility has invested in I Squared’s Infratech fund — Global InfraTech Fund — which seeks to invest in growthstage opportunities aimed at enhancing or disrupting traditional infrastructure value chains and assets by leveraging proven technologies, including artificial intelligence, big data analytics, internet of-things devices, and robotic automation.