NextEnergy Solar has today published its latest sustainability and ESG report, which you can read here.
This report builds on NESF’s first sustainability and ESG report published in 2022 and illustrates the breadth and depth of actions that the company has taken across the three pillars that comprise its approach to sustainability and ESG – biodiversity, climate change and human rights.
NESF continues to make progress against its current ESG priorities and in spearheading sustainability and ESG initiatives within the solar, storage and investment sectors. In addition to generating enough clean electricity to power 242,000 UK homes over the year, NESF has made a wider contribution to society. This includes:
- Championing biodiversity: Promoting and preserving biodiversity is as important to tackling climate change as reducing carbon and other emissions. Over the year, NESF has taken significant steps to promote natural capital and biodiversity conservation best practice across its own portfolio and published thought leadership pieces encouraging others to follow its lead;
- Solar stewardship initiative: NESF recognises that it has responsibilities and impacts beyond its own borders when contracting for goods or services. Alongside enhancing the company’s management of its supply chain, NESF (through its investment manager, NextEnergy Capital) has played a leading role within the industry, such as the solar stewardship initiative and active involvement in Solar Energy UK, demonstrating NESF’s commitment to sustainable practices and transparency across the supply chain; and
- NextEnergy Foundation: NESF acknowledges its responsibility as a successful, sustainable company to support and fund initiatives that deliver positive societal impacts around the world. Through its donation to the NextEnergy Foundation during the year, NESF has made an important contribution towards alleviating poverty in parts of Africa through increasing access to renewable energy, as well as supporting sustainable recovery activities in Ukraine.
NESF : NextEnergy Solar publishes updated sustainability report