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

+44 20 7907 8500

Neil Passmore

 

Ernest Bell

 

Andy Crispin (Sales)

 

 

 

Shore Capital

Nominated Adviser, Joint Bookrunner & Joint Broker

+44 20 7408 4050

Tom Griffiths

 

David Coaten

Iain Sexton

 

 

 

Buchanan

 

Helen Tarbet

+44 7872 604 453

Simon Compton

+44 7979 497 324

Ariadna Peretz

+44 7488 495 969

 

 

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.

 

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