PresentationAdam BubesGoldman Sachs Group, Inc., Research Division Thanks for joining us today. I'm Adam Bubes, I'm an engineering and construction analyst here at Goldman Sachs. And I'm delighted to host today's panel on water and land efficiency. Rising temperatures, growing and aging global populations and a heightened focus on overall resource security have all intensified to focus on water and land efficiency. We're increasingly seeing headlines in the press about problems related to too much or too li ...

Summary of Jacobs Solutions Conference Call - September 25, 2025 Industry Overview - The conference focused on water and land efficiency, addressing challenges related to climate change, resource security, and environmental impacts [1][2] - Key participants included representatives from Jacobs Solutions Inc., Water Asset Management, and Weyerhaeuser, highlighting the interconnectedness of water and land management [1][2] Jacobs Solutions Inc. Insights - Jacobs adopts a "one-water" approach, emphasizing the value of all water and managing it through the complete asset lifecycle from planning to operations [3][4] - Major demand drivers for Jacobs include climate change effects leading to both water scarcity and excess, as well as water quality issues [4] - Jacobs is focused on digital solutions to enhance operational efficiency in water and wastewater management [4][32] Weyerhaeuser's Approach - Weyerhaeuser integrates sustainable forestry practices with land stewardship, emphasizing the connection between forests and water quality [5][6] - The company uses KPIs such as riparian buffer sizes to measure water quality protection efforts [8] - Weyerhaeuser has invested in high-yield forestry to increase productivity and adapt to climate conditions, ensuring sustainable wood supply [15][16] Investment Perspectives - Water Asset Management focuses on global listed water-related equities and water resources, identifying significant value in U.S. water utility infrastructure [10][11] - The firm highlights the privatization of water utility systems as a growing opportunity, with many governments recognizing the need for private sector expertise [11] - Investment strategies include acquiring farmland with senior water rights and transitioning to less water-intensive crops, saving approximately 80% of water [12][25] Economic and Technological Innovations - Sustainable water and land management economics were discussed, with emphasis on long-term investments in green infrastructure [18][19] - Jacobs has developed technologies like Replica for watershed management and Intelligent O&M for efficient treatment plant operations [32][33] - Weyerhaeuser employs advanced analytics for monitoring forest conditions and adapting planting strategies to changing climates [27][29] Future Outlook - All participants expressed optimism for increased investment in water and land efficiency solutions over the next year [50][51][52] - The importance of regulatory frameworks in driving water supply reliability and investment was emphasized, alongside the potential of solar energy and data centers to create value from land [36][38] Key Takeaways - The interconnectedness of water and land management is critical for addressing climate change and resource efficiency [1][2] - Companies are leveraging technology and sustainable practices to enhance operational efficiency and environmental stewardship [32][36] - Investment opportunities in water-related assets are growing, with a focus on long-term sustainability and adaptation strategies [10][11][42]