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Inspired Energy receives London Stock Exchange's Green Economy Mark

Published: 07:49 23 Nov 2020 GMT

Inspired Energy PLC -
The Mark is given to London-listed companies which derive more than 50% of revenues from goods and services contributing to the green economy

Inspired Energy PLC (LON:INSE), the leading consultant for energy procurement, utility cost optimisation and legislative compliance in the UK and Ireland, announced that it has received London Stock Exchange's Green Economy Mark in recognition of its environmental and strategic advice, service and support to customers.

The Green Economy Mark allows greater visibility for investors interested in green economy activities and recognises those companies that are contributing to a greener and more sustainable economy.

London Stock Exchange is the first exchange in the world to introduce such a classification; the Mark is given to London-listed companies which derive more than 50% of revenues from goods and services contributing to the green economy.

READ: Inspired Energy restarts dividend payments as energy usage by companies recovers

Commenting on the award, Mark Dickinson, CEO of Inspired, said: "We are delighted to have received London Stock Exchange's Green Economy Mark in recognition of the high proportion of green revenue the Group generates in relation to our services to customers.  

"As ESG becomes more central to investment decisions for every business, energy is one of the highest cost components in the ESG wheel and one of the most data intensive elements of the Climate change segment.  As an ESG solutions provider it is important that we continue to lead by example in regard to best practice and reporting in order to remain at the forefront of energy and sustainability solutions in a Net Zero Carbon future."

Denzil Jenkins, Interim CEO, London Stock Exchange PLC added: "Congratulations to Inspired Energy PLC on receiving the Green Economy Mark. There is growing investor demand for actionable climate and environment-related financial information, with global asset allocations to green and sustainable finance increasing each year. The Green Economy Mark underlines London Stock Exchange's commitment supporting issuers and investors in the transition to a greener economy."

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