“Sirius International Holding Addresses Global Water Crisis with a Strategic Investment in Botanical Water Technologies”
- Sirius’ strategic investment in BWT aims to create new sources of drinking water, replenish aquifers, and bring relief to water-scarce regions in developing countries
- Announced during COP28, the partnership between Sirius and BWT demonstrates a strong commitment to sustainable water solutions and addressing global water challenges
Abu Dhabi, UAE, 13th December 2023: In a strategic move to combat global water scarcity, Sirius International Holding (Sirius), a subsidiary of Abu Dhabi based IHC (ADX:IHC), has invested in Botanical Water Technologies (BWT). This partnership aims to create new sources of drinking water, replenish aquifers, and bring relief to water-scarce regions in developing countries.
With the establishment of Smart Sustainability Solutions (S3), Sirius’ end-to-end large scale industrial climate company is focusing on four key facets of the climate change landscape: Methane, Carbon, Circular Economy, and Water Scarcity and Efficiency. This strategic investment in BWT is a key steppingstone in S3’s mission to optimize water quality and usage. Together, we aim to sustainably reclaim untapped water sources.
BWT utilizes their innovative solution to create the world’s first plant-sourced pure water by harvesting water from plants. Their patented innovation collects and treats the evaporative condensate created from fruit and vegetable concentrate facilities and sugar mills; a significant amount that would have otherwise been discarded. BWT, with initial focus on India and USA is revolutionizing existing infrastructure to create the world’s most sustainable drinking water.
BWT’s technology now saves lives worldwide, from drought-stricken regions to underserved areas, combating water scarcity, offering sustainable, drinkable water for social and environmental initiatives. BWT encapsulates its unique and impactful process in three simple words: “We Grow Water”.
Within BWT’s ecosystem is the Botanical Water Exchange (BWX), an award-winning global water trading platform developed with Fujitsu, that facilitates the connection of buyers and sellers in a seamless, transparent, and efficient trading of drinking water and Water Impact Credits. Companies can purchase Water Impact Credits to offset their water usage, this helps reduce their environmental impact and meet their sustainability goals. Complementing this, the Botanical Water Foundation (BWF) has been established with the mission of providing an efficient method for delivering drinking water to those in critical need.
S3 and BWT are committed to addressing water scarcity and contamination challenges through global partnerships, technological advancements, and humanitarian initiatives. Botanical Water Technologies’ goal is to deliver clean and safe drinking water and positively impact 100 million of the world’s most vulnerable people.
“Water-related diseases tragically claim over 3.5 million lives annually, highlighting the urgent need for global collaboration. Water’s impact is felt locally, yet solving it necessitates global partnerships. Our partnership with Sirius International Holding represents a united front against the world water crisis, driving sustainable change in vulnerable communities and positively impacting millions of lives,” said Terry Paule, Founder & CEO of Botanical Water Technologies.
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About Sirius International Holding
Sirius International Holding, headquartered in Abu Dhabi, is a subsidiary of IHC (International Holding Company) that stands at the forefront of the future of sustainability through technology and the digital transformation landscape. With a vision to drive profound change and ignite the possibilities of a better future, Sirius International Holding comprises of more than 20 subsidiaries globally, each contributing to shape today’s health, climate and digital eco-system.
About Botanical Water Technologies
Botanical Water Technologies (BWT) redefines the potential of fruit and vegetable concentration facilities and sugar mills by deploying their innovative and patented Water Harvesting Units, turning these sites into new sustainable sources of clean drinking water. Fueling this transformation is the Botanical Water Exchange (BWX), a global water trading platform that seamlessly facilitates transparent and efficient trading of potable water and Water Impact Credits. Companies can actively offset their water usage by investing in Water Impact Credits through the BWX, not only reducing their environmental impact but also propelling progress towards their sustainability goals.