RCS - i(x) Net Zero PLC - London Stock Exchange's Green Economy Mark

I (X) Net ZeroAnnouncement

15/02/2022 07:00

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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/ (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                                   +44 20 7907 8500

 Financial Adviser, Joint Bookrunner & Joint Broker
 Neil Passmore
 Ernest Bell
 Andy Crispin (Sales)

 Shore Capital                                            +44 20 7408 4050

 Nominated Adviser, Joint Bookrunner & Joint Broker
 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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