Thomas Schumann Capital is Set to Extract and Supply 150 Trillion Liters of Freshwater from Greenland
Thomas Schumann Capital (TSC), an investment firm based in Delaware, announces that the firm is set to extract and supply 150 trillion liters of freshwater from Greenland. In response to the alarming projection that global freshwater demand will outstrip supply by 40% by 2030, The firm is poised to tackle this pressing issue head-on. Through strategic partnerships, TSC is on the verge of establishing an innovative solution by extracting and supplying 150 trillion liters of freshwater from Greenland for corporate and nations, in drought-stricken regions. Project Greenland (PG) is TSC's dedicated investment vehicle headed by Thomas Schumann to acquire and commercialize the Greenland freshwater licenses.
The world witnessed an unfortunate loss of more than 586 trillion liters of freshwater from Greenland glaciers into the oceans in 2019 alone. This precious resource becomes forever unusable due to its high salinity content and further contributes to the rise in global sea levels. Recognizing the urgency of the situation, TSC identified the need to harvest, store, and transfer this freshwater as a viable solution to address the impending water crisis.
"We are at a critical juncture where the demand for freshwater is reaching unsustainable levels. By harnessing the immense freshwater reserves of Greenland, we have the opportunity to make a significant impact and provide a lifeline to regions grappling with severe drought conditions", says Thomas Schumann, founder of Thomas Schumann Capital (TSC).
Through meticulous planning and collaboration, TSC is in the process of securing strategic partnerships with two entities that possess the necessary licenses for extracting and supplying this vast volume of freshwater from Greenland. This development positions TSC as a pivotal player in the effort to bridge the widening gap between freshwater demand and supply.
Additionally, TSC has spearheaded the creation of the first Equity index to incorporate environmental risks, specifically focusing on water-related metrics. By integrating these factors into traditional global benchmark indices, TSC empowers global capital market investors to identify companies that effectively manage their water resources. Investing in such companies ensures long-term sustainability, as they exhibit responsible water management practices, climate resilience, and robust governance frameworks, embracing ESG (Environmental, Social, and Governance) principles.
"We believe that companies that proactively manage their water resources are well-positioned for future success. These companies not only mitigate water-related risks but also demonstrate their commitment to managing climate impact, reducing CO2 emissions, and adhering to strong governance practices", Thomas Schumann added.
As part of its commitment to raising awareness and mitigating water-related risks, TSC has launched the European index and the US index, enabling investors to access a refined version of benchmark indices that includes water risk data. TSC has also responded to the request of a prominent asset manager to develop the Global Index, encompassing approximately 1,500 to 1,600 companies. This Global Index will provide investors with comprehensive insights into water risk while aligning with the flagship MSCI World index for global equities.
Established in Delaware in 2011, Thomas Schumann Capital (TSC) has emerged as a leading solutions provider and a prominent advocate for Sustainable Development Goal 6 (SDG 6) – ensuring clean water and sanitation for all. Through collaborations with esteemed organizations, including the United Nations, TSC continues to demonstrate an unwavering commitment to the interplay between freshwater appreciation, investment, and commercial realities.
With its imminent ability to extract and supply 150 trillion liters of freshwater from Greenland, TSC stands at the forefront of a crucial initiative that addresses the impending global water crisis. By leveraging strategic partnerships, innovative indices, and unwavering commitment to sustainability, TSC is poised to make a profound impact on informing and activating 8 billion stakeholders to value and responsibly manage freshwater resources for a water-stressed world.