English Contact Login Overview Sustainable Development Goals Practical example SUSTAINABLE DEVELOPMENT GOALS Home › Investors › Wealth Management › Sustainable Development Goals SUSTAINABLE DEVELOPMENT GOALS EVALUATION OF THOMASLLOYD’S RESULTS A total of 17 SDGs were adopted by the General Assembly of the United Nations in September 2015. They set targets for all UN member states to reduce disparities in living standards, create equal opportunities and establish the sustainable management of natural resources by 2030. The SDG criteria can also be used to evaluate individual projects. ThomasLloyd’s portfolio of solar and biomass power plants in the Philippines addresses all 17 goals – an example of some of these are: FIGHTING LOCAL POVERTY When ThomasLloyd’s power plants are built and operated, the local population account for over 80% of the workers. Whilst younger workers are trained as specialists, older workers are retrained for new employment opportunities within the power plants. VALUABLE FOLLOW-ON INVESTMENTS The new purchasing power is enhanced by additional consumption, which creates further jobs in the regional economy. INVESTMENTS IN SCHOOLS Municipalities use additional tax receipts, including those from the power plants, to finance the construction and electrification of local schools. ACCESS TO GLOBAL KNOWLEDGE Due to taxes paid by the infrastructure project, financial assistance available to students, from primary school through to university, can be increased. EFFECTIVE CLIMATE PROTECTION The power plants provide access to environmentally friendly, more sustainable energy and reduce the harmful use of fossil fuels. LONG-TERM DISASTER PREVENTION They protect the global climate and so contribute to the sustainable prevention of natural disasters. SUSTAINABLE AGRICULTURE ThomasLloyd buys sugar cane crop residues from local farmers to generate electricity in the biomass power plants. After combustion, the ash is recovered and spread on the fields as a natural fertiliser. This not only contributes additional income to the local farmers, but also saves the need to spend additional money on expensive chemical fertilisers and safeguards the natural environment. STEWARDSHIP OF THE NATURAL ENVIRONMENT Avoiding the previously common practice of burning waste on the fields is an active contribution to protecting the natural environment. CONCRETE EXAMPLE FOR THE TRIPLE RETURN IN PRACTICE: FROM AN ECONOMICALLY UNDERDEVELOPED AREA TO A SELF-SUSTAINING GROWTH REGION Just a few years ago, the island of Negros was a largely agricultural region in the west of the Philippines, with an underdeveloped and limiting infrastructure. Electricity supplies, when available, were interrupted by frequent power cuts. They were highly polluting and extremely expensive since electricity was generated by coal-fired power plants and diesel generators. This created a barrier to economic development and has proved to be a heavy environmental, social and financial liability for the local population. Today, the solar and biomass power plants ThomasLloyd built not only supply urgently needed electricity, but have also created new stable jobs. These jobs introduce additional purchasing power which contribute to investment security, open new markets for businesses and in turn lead to subsequent, additional investment in the region. This has the exponential effect of creating tens of thousands of further jobs in the downstream regional economy and acts as a foundation upon which cohesive productive generations of families can build. Disclaimer The wealth management services offered to you via this website are provided by First Capital Management Group GmbH, hereinafter referred to as "FCM", Herzogstraße 60, 80803 Munich. FCM will be your contractual partner for the wealth management services. FCM will commission ThomasLloyd Global Asset Management (Americas) LLC, 427 Bedford Road, Pleasantville, New York 10570, USA with the practical implementation of the portfolio management. Advise on individual financial instruments (investment advice) and/or commission transactions in individual securities (investment brokerage) will be provided by FCM.. Privacy policy Privacy Policy GDPR Privacy Center Terms and conditions Imprint © 2021 ThomasLloyd Group. All Rights Reserved. WELCOME TO THOMASLLOYD We use and store cookies on your device. By clicking "Accept All", you consent to the use of cookies as described in the Privacy policy. You also agree to the transfer of your data to the USA, where there may not be a level of data protection comparable to that in the EU. Under "Settings" you can accept individual cookies or confirm that no cookies should be set. You can revoke your consent at any time, details can be found here. ACCEPT ALL SETTINGS Imprint | Privacy Policy