NextEnergy Capital Achieves Top 5 Star UN PRI Rating

London, January 16th, 2024

NextEnergy Capital is delighted to announce that it has been awarded the top five-star rating in all applicable reporting categories of the United Nations Principles for Responsible Investment (“UN PRI”) 2023 Benchmark Assessment. A five-star rating, the highest possible score, is awarded to those signatories that demonstrate leading practices within the responsible investment industry.

The result of this top-rank rating provides a strong endorsement of NEC’s international sustainability and ESG standards as it continues to report transparently on its ESG approach and performance.  The rating also captures the hard work applied across the NextEnergy Group by its dedicated ESG team, led by Giulia Guidi. The ESG team has also doubled in size over the last twelve months and expanded the team’s resources, skillset, and expertise across its sustainability work.

NEC continues to ensure that ESG factors are fully integrated across the whole investment process.  The ESG team works closely with all teams across the NextEnergy Group to actively engage with responsible investment associations, whilst also playing a key part in the wider solar sector with team members holding various Chair positions for key industry working groups.

Michael Bonte-Friedheim, Founder & CEO, NextEnergy Group commented:

“This top score is a testament to our firm’s continued work to lead efforts towards a more responsible and sustainable future. I am proud of the ESG team’s efforts to expand and build our responsible investment programme, culminating in a five-star rating from the UN PRI.  I look forward to what ESG developments 2024 will bring, including further collaboration with our stakeholders and teams.”

Giulia Guidi, Head of ESG, NextEnergy Group, commented:

“I am delighted that NEC has been awarded the top five-star rating from the United Nations Principles for Responsible Investment for its 2023 benchmark assessment.  NEC outperformed the PRI median in all three reporting categories which is a tremendous achievement and reflects our significant commitment to responsible investment.  I have no doubt that NEC’s ESG work will continue to benefit from the synergies between NextEnergy Group’s companies, which ensures that we remain ahead of the game in the pursuit of a common mission.” 

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