Green Finance Framework

In November 2024, NEC introduced its first Green Finance Framework which was designed to help NEC to lead the transition to clean energy while also enabling the company to secure Green Loans at a reduced margin.

In December 2025, NEC published an updated Green Finance Framework which reflects the progress made in strengthening our sustainability governance and risk management, notably through NEC’s updated Sustainable Investment Policy and the introduction of NextEnergy Group’s new Sustainability Policies.

The Framework was given a Second Party Opinion (SPO) by Standard & Poor’s (S&P), which validates documentation and the approach to Green Loans. It was awarded a Dark Green rating, the best possible rating awarded by S&P’s Shades of Green Analytical Approach. The SPO highlighted NEC’s leading approach to integrating nature into investment decisions, as well as its supply chain and climate change risk management.

NEC’s Green Finance Framework aligns with the Group’s broader Sustainability Strategy and Framework, which structures our approach to creating positive outcomes for people and nature. As such, the SPO highlights NextEnergy Group for its unique ability to reduce environmental risks across all stages of the solar value chain.