NextEnergy Group Head of ESG and a member of the NextEnergy Solar Fund Ltd (LSE:NESF) investment committee Giulia Guidi speaks to Thomas Warner from Proactive following the publication of the fund's second standalone Sustainability and ESG Report, for the year ended 31 March 2023.
Guidi reveals the key highlights from the report, which focuses on three main areas: biodiversity enhancement on their sites, a deeper understanding of their supply chain, and an expansion of their community support. These areas align with the current sustainability framework for NESF, based on climate change, human rights, and biodiversity.
Guidi emphasises the importance of biodiversity and natural capital, highlighting efforts to measure and understand their impact on biodiversity to contribute to the UK Government's objectives.
She explains that as an Article 9 fund, NSF has a strong sustainability objective, striving to avoid significant harm to the environment and meeting social safeguards. Looking ahead, Guidi expects NESF to continue its commitment to transparency and sustainability.
The ESG team will focus on biodiversity, community impact, and supply chain transparency, while also working on a Net Zero roadmap to support the UK government's climate change commitments.