responsAbility invests in Gradiant to expand clean water technologies in Asia

Zurich and Singapore, 4th of June 2024 —As part of its broader USD 500 million climate investment strategy aimed at actively reducing CO₂ emissions in Asia, responsAbility, on behalf of investors, has allocated working capital financing to Gradiant. This investment will finance the growth of the company’s operations across emerging markets in Asia, signifying a major step in responsAbility’s mission to mobilize capital and invest in solutions that generate positive societal and environmental impact.

The investment from responsAbility will be used to enhance the growth of Gradiant’s operations in the industrial wastewater treatment sector across emerging markets in Asia. Gradiant has developed in-house technology solutions to maximize renewal of wastewater into freshwater while reducing the energy consumption for the wastewater treatment. responsAbility’s funds will help the company scale-up projects in the rapid growth Asia region.   

responsAbility’s Commitment to Reducing Carbon Emissions in Asia 

Sameer Tirkar, Head of Climate Infrastructure Investments, APAC at responsAbility said, “At responsAbility, we understand that effective climate action requires bold steps and sustainable partnerships. Our investment in Gradiant is a testament to our commitment to reducing carbon emissions through innovative solutions. This collaboration underscores our strategy to not only foster impactful, on-the-ground change but also to generate positive societal and environmental impacts in emerging markets.” 

Pioneering Environmental Solutions for a Sustainable Future 

"We are excited to collaborate with responsAbility to provide the company with an effective solution for working capital management in the emerging markets," said Ananth Padmanabhan, CFO of Gradiant. 

Building on responsAbility's Commitment to Climate Action 

This partnership with Gradiant aligns with responsAbility's ongoing dedication to climate action in Asia, as evidenced by the press release on 28 November 2023. In collaboration with Germany's development bank KfW and the Dutch development bank FMO, responsAbility has launched a USD 500 million climate investment strategy. This strategy, aimed at actively reducing CO₂ emissions in Asia, focuses on investments in low-emission technologies. 

About Gradiant  Gradiant is a global solutions provider for advanced water and wastewater treatment. With a full suite of differentiated and proprietary end-to-end solutions, powered by the top minds in water, the company serves its clients' mission-critical operations in the world's essential industries, including semiconductors, pharmaceuticals, food & beverage, lithium and critical minerals, and renewable energy. Gradiant’s innovative solutions reduce water used and wastewater discharged, reclaim valuable resources, and renew wastewater into freshwater. The Boston-headquartered company was founded at MIT and has over 1,000 employees worldwide.