Impact Shares Partners with Climate Vault to Neutralize the Carbon Footprint of the Sustainable Development Goals Global Equity ETF (NYSE

SDGA)

Impact Shares, Corp., the first 501(c)3 nonprofit ETF sponsor in the U.S., today announces its partnership with Climate Vault, an award-winning nonprofit that created the world’s first verifiable, integrated carbon reduction and removal solution, to neutralize the carbon emissions of the portfolio holdings of the Impact Shares Sustainable Development Goals Global Equity ETF (NYSE: SDGA).

Through this partnership, Climate Vault reduced 370 metric tons of carbon emissions, which Impact Shares, Corp. believes is approximately equivalent to that generated by the portfolio holdings of SDGA.. Climate Vault accomplished this by purchasing allowances on government-regulated compliance markets and “vaulting” them — storing them within the Climate Vault accounts in these compliance markets — to prevent polluters from using them.

Climate Vault will use the monetary value of these vaulted allowances to purchase cutting-edge carbon dioxide removal (CDR) technology that will eliminate historical carbon emissions, an essential step to slowing and reversing climate change. By partnering with Climate Vault to reduce SDGA’s carbon footprint, Impact Shares will automatically receive access to the most forward-thinking CDR technology, which has been independently audited and vetted by Climate Vault’s Technology Chamber. The Technology Chamber is composed of world-renowned experts, and chaired by former Secretary of Energy Ernest Moniz.

“In the current political and regulatory environment, the private sector has an immense responsibility to lead the fight against climate change,” notes Ethan Powell, CEO and Founder of Impact Shares. “Impact Shares is committed to creating innovative financial vehicles to help solve our world’s most pressing social and environmental problems. We’re honored to partner with Climate Vault as we play our part in the transition to a more sustainable global economy.”

As a pioneer in impact investing, Impact Shares is the first non-profit ETF sponsor to partner with Climate Vault to decarbonize an ETF. Backed by The Rockefeller Foundation, Impact Shares helps organizations such as the NAACP, YWCA and United Nations Capital Development Fund (UNCDF) translate their values into an investable product traded on the New York Stock Exchange. SDGA tracks the Morningstar Societal Development Index, which is designed to measure the performance of large and mid-capitalization companies globally that (i) display a commitment to the UN’s Sustainable Development Goals, (ii) adhere to the principles of the UN Global Compact, (iii) display a commitment to reducing poverty and supporting economic development globally and (iv) have exposure to countries with low levels of socioeconomic development.