London Stock Exchange's Green Economy Mark

RNS Number : 6550B

i(x) Net Zero PLC

15 February 2022

 

Reach

i(x) Net Zero PLC

(the "Company" or "i(x) Net Zero")

London Stock Exchange's Green Economy Mark

i(x) Net Zero PLC, (AIM: IX.) the investing company which focuses on Energy Transition and Sustainability in the Built Environment, is delighted to announce that it has received the London Stock Exchange's Green Economy Mark.

The Green Economy Mark classification was created to highlight companies and investment funds listed on all segments of London Stock Exchange's Main Market and AIM that are driving the global green economy.  To qualify for the Green Economy Mark, companies must generate 50% or more of their total annual revenues from products and services that contribute to environmental objectives, such as climate change mitigation and adaptation, waste and pollution reduction and the circular economy or, for investment vehicles, specialise in investing in environmental themes.

The underlying methodology incorporates the Green Revenues data model developed by FTSE Russell. It provides a detailed taxonomy of environmental goods, products and services, and is designed to recognise both 'pure-play' green technology companies, as well as those across all industries that make significant contributions to the transition to a sustainable, low carbon economy.

To date, i(x) Net Zero has invested in biofuels, direct air capture (carbon removal), wind and solar energy, sustainable workforce housing and net zero construction technology. The Company subscribes to the UN Principles for Responsible Investing and has been accepted as a provisional signatory. 

Steve Oyer, Chief Executive Officer of the Company, said: "We are honoured to have received London Stock Exchange's Green Economy Mark, which recognises i(x) Net Zero's contribution to the green energy transition.  We are at the forefront of enabling investment into companies that are dedicated to solving some of the world's most pressing challenges and look forward to doing this whilst generating long-term capital growth for our shareholders."

- Ends -

For further information visit https://ixnetzero.com/ or contact:

i(x) Net Zero	Via Buchanan below
Steve Oyer - Chief Executive Officer
Pär Lindström - Chief Investment Officer
Marc Chennault - Chief Financial Officer
H & P Advisory Limited Financial Adviser, Joint Bookrunner & Joint Broker	[phone]
Neil Passmore
Ernest Bell
Andy Crispin (Sales)
Shore Capital Nominated Adviser, Joint Bookrunner & Joint Broker	[phone]
Tom Griffiths
David Coaten Iain Sexton
Buchanan
Helen Tarbet	[phone]
Simon Compton	[phone]
Ariadna Peretz	[phone]

Notes to Editors

i(x) Net Zero PLC is an investing company that provide its shareholders the opportunity to create long-term capital growth with positive, scalable, measurable and sustainable impact on the environment and on the communities it serves.

In accordance with its belief that the world's biggest problems are also the biggest market opportunities, i(x) Net Zero focuses on two critical areas in which it aims to make a positive impact: (i) Energy Transition and (ii) Sustainability in the Built Environment. The Company uses a multi-strategy investment approach, providing the companies in which it invests with the expertise and catalytic capital to help them grow. To date, i(x) Net Zero has invested in biofuels, direct air capture (carbon removal), renewable energy, sustainable workforce housing and net zero construction technology.

i(x) Net Zero is a provisional signatory to the UN Principles for Responsible Investing. The Company has received the London Stock Exchange's Green Economy Mark.

 

END

 

 

NRATIMMTMTJBTPT