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1、SEIZING THE GREEN GROWTH OPPORTUNITYOPPORTUNITYGROWTHSEIZING THE GREENSEIZING THE GREEN GROWTH OPPORTUNITYCONTENTS2Foreword:Julia Hoggett,CEO,London Stock Exchange plc 3The growth of the green economy 4The financing of the green economy and Londons 7 pivotal role as a global centre for sustainable f

2、inanceThe Green Economy Mark 8Green Economy Mark methodology 9The Green Economy Mark what does it mean for companies?10Sustainable Bond Market and Voluntary Carbon Market 11The Green Economy Mark in numbers 12Green Economy Mark case studies 14Ondo 15Harmony Energy Income Trust 17Alumasc 19Green Econ

3、omy Mark 2023 cohort 21SEIZING THE GREEN GROWTH OPPORTUNITY3FOREWORDMany of us share the ambition for a just transition to a low-carbon global economy.The IPCC has made it clear that the window of opportunity to ensure the increase in global temperature does not rise above 1.5C is closing at a worry

4、ing speed,and as an industry we must act.In doing so,we need to be honest with ourselves about the challenges.The transformation of the global economy will see the reallocation and investment of trillions of pounds into new technologies and projects,and the development of innovative products and ser

5、vices.But it is not just a challenge:it is also a colossal investment opportunity with the investment landscape taking on a greener hue year on year.Now the norm,86%of asset owners globally are implementing sustainable investment into their strategies up from 76%in 2021.The recent Mission Zero Indep

6、endent Review noted that“2022 marked a watershed moment for global investment in net zero”.As a convener,the London Stock Exchange is focused on bringing providers and users of capital together.We are facilitating capital flows towards the green economy and the low-carbon transition.We are building

7、and fostering dialogue between companies,investors and policy-makers.And we are advocating for higher,more uniform standards of disclosure and data to enable capital to flow ever faster in the right direction.Through Londons markets,new innovative companies,specialist investment funds and traditiona

8、l global corporations are accessing the capital they need to accelerate the transition.Londons capital markets are also a source of capital to create green jobs,vital for securing a sustainable future for us all.Existing vehicles for sustainable finance will continue to grow such as green,social,sus

9、tainable,and sustainability-linked bonds,all of which can be accessed through our Sustainable Bond Market.Equally,the scale of the transition requires innovation on our markets such as our Voluntary Carbon Market designation,which uses public market infrastructure to facilitate and accelerate financ

10、ing at scale into projects aimed at mitigating climate change and generating carbon credits a key component of managing residual carbon emissions.Every year counts in this decisive decade for the growth of the global green economy.And every year,I have the privilege to celebrate those companies and

11、funds that hold our Green Economy Mark.From early-stage technology companies to long-established manufacturers and specialist green funds,all are playing an active part in helping the world make the transition to net zero and I applaud their vital innovations and achievements.Financial markets play

12、a pivotal role in facilitating investment in sustainable activity and thereby mitigating climate change.Through Londons capital markets,new innovative companies,specialist investment funds and traditional global corporations are accessing the capital they need to accelerate the transition.While ther

13、e is still much more to do and many challenges ahead,we will continue to support our issuers in achieving their net-zero commitments.Julia HoggettCEO,London Stock Exchange plc1 https:/assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1149690/mobilising-green-inv

14、estment-2023-green-finance-strategy.pdf2 Cited as part of LSEG submission to Mission Zero Independent review https:/assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1128689/mission-zero-independent-review.pdf 86%of asset owners globally are implementing sustain

15、able investment into their strategiesSEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITY4THE GROWTH OF THE GREEN ECONOMYSEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITYThe majority of the worlds nations have now defined a path to net zero:more than 90%of

16、global GDP is now covered by a net zero target.As businesses and governments hasten towards implementing their net zero commitments,the green economy is continuing to expand on both an absolute and relative basis.According to FTSE Russell,an LSEG business,the green economy recorded a compound annual

17、 growth rate of approximately 14%over the last 12 years.With a market capitalisation of over$7trn and a weight of 7.1%of global equity markets,the green economy by itself would already be the fifth largest industry,comparable in size to the fossil fuel sector.A new global clean energy economy is eme

18、rging,with investment expected to rise to$1.7trn in 2023,according to the International Energy Agency.More than$1bn per day is expected to go into solar investments in 2023.The pace of this growth is accelerating thanks to strong political and regulatory tailwinds.The scope and pace of global sustai

19、nable finance regulation has increased in 2022 across taxonomies,mandated ESG and climate risk management and disclosures,product requirements,ESG in stewardship,and sustainable bond frameworks.Another major factor to alter the landscape is the US Governments$370bn investment in clean technology thr

20、ough the Inflation Reduction Act.3 https:/sciencebasedtargets.org/resources/files/Net-Zero-Standard-overview.pdf4 https:/ https:/ https:/ https:/www.whitehouse.gov/wp-content/uploads/2022/12/Inflation-Reduction-Act-Guidebook.pdf 14%compound annual growth rate of the green economy over the past 12 ye

21、arsClean energy investment expected to rise to$1.7trn65SEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITYThe EU Commission has put forward its Green Deal Industrial Plan to accelerate the transition to climate neutrality,and the European Climate Law enshrines in binding legisla

22、tion the EUs commitment to climate neutrality and the intermediate target of reducing net greenhouse gas emissions by at least 55%by 2030 compared to 1990 levels.Yet this is only the start.The costs of failure to tackle climate change could be huge and devastating.To meet global climate and environm

23、ental goals,the green economy must become substantially larger,and grow at a faster rate than ever before.Capital investment required to effect these changes are substantial.The UN Environment Programme(UNEP)Emissions Gap Report estimates that annual investment of at least$46trn will be required to

24、bring about a global transformation to a low-carbon economy.The Glasgow Financial Alliance for Net Zero(GFANZ)estimates that$125trn will be needed by 2050.As one leading institutional investor put it,“achieving the Paris goals is going to require using virtually every legitimate tool in the energy t

25、ransition toolkit,together.”The creation of a global green economy for a net zero future by 2050 cannot just be framed as an environmental imperative and a cost;it would be an achievement that would deliver huge rewards.Hitting investment targets would have a huge impact.If achieved,the green econom

26、y would account for 20%of global equity markets by 2030.One recent estimate is that the transition to net zero by 2050 will create new products and services worth$10.3trn to the global economy by that same year.Another estimate sets out the addressable market size for green businesses in Asia to rea

27、ch between$4trn and$5trn by 2030.The UK Government believes that an additional 5060bn of capital investment will be required each year through the late 2020s and 2030s to deliver on the UKs net zero ambitions.Net zero,concluded a recent UK independent review,is the economic opportunity of the 21st c

28、entury.8 https:/climate.ec.europa.eu/eu-action/european-green-deal/european-climate-law_en9 https:/www.unep.org/news-and-stories/press-release/inadequate-progress-climate-action-makes-rapid-transformation10 https:/ https:/ in additional capital investment that the UK government believes is required

29、each year to deliver its net zero ambitionsSEIZING THE GREEN GROWTH OPPORTUNITY12 LSEG Sustainable Growth“Driving investment to enable the green economy”https:/ https:/ https:/ https:/assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1149690/mobilising-green-inv

30、estment-2023-green-finance-strategy.pdf16 https:/assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1128689/mission-zero-independent-review.pdfSEIZING THE GREEN GROWTH OPPORTUNITYFINANCING THE GREEN ECONOMYand Londons pivotal role as a global sustainable finance

31、centre7SEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITYSustainable finance has grown rapidly over the past decade with London at its heart.The city has been ranked as the leading green financial centre for three consecutive years by the Global Green Finance Index.Critical to

32、Londons global leadership has been the UKs robust,stable and forward-looking policy and regulatory frameworks.This year the UK Government has set out its Green Finance strategy pursuing its ambition to become the worlds first net zero-aligned Financial Centre.The goal is to make the UK the best plac

33、e in the world for raising transition capital.Londons role in financing the global green economy is evidenced in the rising amount of climate-aligned capital flowing through the London Stock Exchanges debt and equity markets.Our capital markets have continued to fund green growth and support the shi

34、ft towards a low-carbon economy.And,as the worlds most international exchange,we are innovating and creating the right infrastructure for the financial markets to convene business and societys efforts to decarbonise the global economy.The Green Economy MarkCompanies and funds recognised by the Green

35、 Economy Mark represent a universe of green economy equities for the growing number of asset owners and managers seeking to deploy their capital into companies and funds which are contributing to environmental goals through the products and services they provide.This year is the largest cohort to da

36、te,comprising 112 companies and funds.Classified as a sector in its own right,the cohort would be the third largest in terms of capital raising since 2021 despite only making up 6%of all London-listed companies.Over the past two years(June 2021 June 2023)they have raised a total of 6.16bn through 85

37、 IPOs and follow-on issuances,creating new jobs,developing and implementing new clean technologies,reducing emissions and funding innovative green products and services.17 https:/ https:/assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1149690/mobilising-green-

38、investment-2023-green-finance-strategy.pdf8SEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITYGreen Economy Mark methodologyThe Green Economy Mark is provided by the London Stock Exchange and draws upon FTSE Russells Green Revenues Classification System(GRCS),which identifies co

39、mpanies providing green products and services which achieve environmental objectives.Revenues are classified based on the GRCS.The GRCS captures environmental products and services across the whole equity value chain,covering 10 green sectors,64 sub-sectors and 133 micro-sectors.The Green Revenues D

40、ata Model is used by FTSE Russell to derive a percentage at the sector,sub-sector and micro-sector level for each company.Each business activity defined by the GRCS is evaluated against seven environmental objectives:Climate change mitigation Climate change adaptation Pollution prevention and contro

41、l Protection of healthy ecosystems Sustainable use and protection of water and marine resources Transition to a circular economy,waste prevention and recycling Sustainable and efficient agriculture9SEIZING THE GREEN GROWTH OPPORTUNITYThis work is turned into an overall level of greenness,or net envi

42、ronmental impact,of companies activities and revenues into three tiers:Tier 1Clear and significant environmental benefitsTier 2Limited but net positive environmental benefitsTier 3Some environmental benefits but are overall net neutral or negativeThis tiering system means that only companies and fun

43、ds with Tier 1 and 2 revenues can be eligible for the Green Economy Mark,to reflect products and services with net positive environmental benefits.The Green Economy Mark identifies companies and funds on all segments of the Main Market and AIM that generate 50%or more of their total annual revenues

44、from products and services that contribute to the global green economy,as defined by the above methodology.Any companies and funds may apply to have their green revenues considered for the Green Economy Mark via the Sustainable Finance team at the London Stock Exchange,the process is managed indepen

45、dently to the FTSE Russell Green Revenues Data Model.Companies and funds may also apply to pre-qualify ahead of IPO.Companies and funds have commented on the benefits of being able to talk about this on their investor roadshows.SEIZING THE GREEN GROWTH OPPORTUNITY10The Green Economy Mark what does i

46、t mean for companies?FIRSTGROUP“We are delighted to have received the Green Economy Mark from the London Stock Exchange,which recognises the key role that public transport plays in addressing the challenges of climate change and contributing to a cleaner,greener and more sustainable future.Our servi

47、ces are vital to delivering the necessary modal shift from private cars to public transport that will reduce congestion and improve air quality.”Graham SutherlandCEO,FirstGrouphttps:/ HOLDINGS“We are delighted that Libertine has attained the Green Economy Mark from the London Stock Exchange,and we a

48、re proud that our contribution to the global green economy has been recognised.The Mark underlines our commitment to support the transition to net zero and the essential role we believe our technology will play in the decarbonisation of hard to electrify transport applications.”Sam CockerillCEO,Libe

49、rtine Holdingshttps:/ am delighted to announce that MYCELX has attained the Green Economy Mark from the London Stock Exchange.The Mark supports MYCELX in communicating our green credentials to investors and other stakeholders;highlighting our efforts to support the transition to a low or net zero ec

50、onomy.”Connie MixonCEO,MYCELXhttps:/ INNOVATE“We are pleased to have received London Stock Exchanges Green Economy Mark,recognising DG Innovates contribution to the global green economy.Our ethical and ecological values are what drive our quest for innovation and sustainable solutions.DG Innovates a

51、dvanced high efficiency electric drive systems and sodium-based energy storage,represent cleaner more energy efficient and more sustainable solutions for the electric revolution The Mark supports the Company in communicating our green credentials to investors and other stakeholders,highlighting our

52、efforts to support the transition to a low or net zero economy.”Christopher TheisCEO,DG Innovatehttps:/ THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITY11Sustainable Bond MarketOur dedicated Sustainable Bond Market offers issuers a wide range of opportunities to raise sustainable cap

53、ital through green,social,sustainability,sustainability-linked,and transition(GSS+)labelled bonds.In 2022,77 bonds were admitted to the Sustainable Bond Market representing over 42bn raised.To date,more than 524 bonds have been admitted on the SBM,raising more than 210bn by 136 issuers in 39 countri

54、es,via bonds in 22 currencies.“I am delighted to be issuing our first Green Bond,illustrating Landsecs continuing green leadership credentials in the real estate sector.The transaction clearly demonstrates Landsecs ability to access competitively priced capital in more challenging market conditions

55、and,as a result,Landsec remains well placed to perform as the economy transitions to a higher interest rate environment.”Vanessa SimmsCFO,Land Securities Group,on the launch of its inaugural 400m Green Bondhttps:/ Carbon MarketThe London Stock Exchange is the first exchange in the world to use publi

56、c markets to facilitate and accelerate financing at scale into climate change mitigation projects that can generate carbon credits.Launched in October 2022,the Voluntary Carbon Market(VCM)designation provides market access for investors and corporates seeking exposure or access to carbon credits,whi

57、ch may be issued as a dividend in specie.Open to funds and operating companies,the VCM designation leverages the London Stock Exchanges existing market infrastructure together with the regulatory oversight and the transparency inherent in public markets.Foresight Sustainable Forestry was the first c

58、ompany to obtain the VCM designation.“To be the first ever company to receive London Stock Exchanges Voluntary Carbon Market designation is a hugely proud and significant moment for Foresight Sustainable Forestry(“FSF”).By connecting investors with net zero ambitions to entities such as FSF that gen

59、erate voluntary carbon credits,the launch of the VCM is a major milestone in the UKs fight against climate change.The VCM designation means that the ever-growing number of climate-minded investors can easily and confidently identify sustainable solutions investors know that,through FSF,they are inve

60、sting in climate change mitigation projects that make a real difference.We have a strong UK afforestation pipeline and the potential of our current capital base alone is expected to create up to 5m carbon credits by 2050,equivalent to offsetting the entire annual carbon footprint of Glasgow.”Richard

61、 DavidsonChairman,Foresight Sustainable Forestry Company19 https:/ https:/ THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITY12THE GREEN ECONOMY MARK IN NUMBERSThe tale of the Green Economy Mark is one of consistent year-on-year growth.The number of companies and funds to receive the G

62、reen Economy Mark has increased by 30%since 2020 and their combined market capitalisation has a yearly growth rate of 26%.The presence of international companies has remained equally consistent over the past three years,accounting this year for 22%of the number of companies in the cohort and 63%of i

63、ts combined market capitalisation.112172bncombined market capitalisation26%growth rate since 2020SEIZING THE GREEN GROWTH OPPORTUNITYThe composition of the cohort has been consistently multi-faceted and diverse,remaining evenly spread by market,by company maturity,and by sector.It encompasses very e

64、arly-stage innovation:8%of Green Economy Mark holders are pre-revenue companies,a level of representation that has stayed constant.All figures based on data as of end of June 2023companies and funds now have the Green Economy Mark13SEIZING THE GREEN GROWTH OPPORTUNITYWithin the overall cohort,the co

65、nsumer discretionary sector continues to grow.By market capitalisation,it has increased by more than 58%from the previous year.Since the creation of the Green Economy Mark in 2019,it is the sector that has had the largest percentage increase in the number of companies.The largest sectors by number o

66、f companies provided with the Green Economy Mark remain financials(mostly closed-end funds)and industrials.These two sectors have consistently accounted for just more than half of all Green Economy Mark cohorts;representing 52%this year.The companies with the Green Economy Mark in the industrial sec

67、tor now represent one in ten of their overall sector,demonstrating a sector-wide transition.By market capitalisation,the utilities sector remains the largest;its seven companies account for nearly 55%of the total market capitalisation of the cohort.The number of technology sector companies that have

68、 received the Green Economy Mark has nearly doubled since the launch of the Green Economy Mark,reflecting the broadening composition and innovative scope of the cohort.There are 51 AIM companies who have received the Green Economy Mark.Representing 6%of AIM companies by number,they account for 9%of

69、AIMs total market capitalisation.“The number of dynamic and innovative companies on AIM who hold the Green Economy Mark and are driving the transition to a sustainable low-carbon economy shows how AIM is a leading green growth market.”Claire DorrianHead of Sustainable Finance,Capital Markets and Pos

70、t Trade,LSEG52%58%+20222023All figures based on data as of end of June 2023SEIZING THE GREEN GROWTH OPPORTUNITY14GREEN ECONOMY MARK CASE STUDIESSEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITYWater damage is the single biggest cause of home insurance claims,with domestic wate

71、r leaks accounting for$17bn of claims every year in the UK and US combined.The debris from the 1.6m claims will end up in landfill.Water resources are also under increasing pressure around the world.Over-abstraction is causing pressure on rivers and wildlife,and using less water is also key to get t

72、o net zero with 56%of UK GHG emissions derived from our use of water.Domestic leaks are a huge factor in water waste.In the US,household leaks can waste approximately 900bn gallons of water annually nationwide.In the UK WaterWise believe 8%of toilets are leaking between 200400 litres per day,adding

73、up to enough water to supply 2.8m people in the UK.This is where Ondo wades in.Its patented LeakBot technology can be attached to a domestic water pipe and connected to the home wireless network.If it detects a leak detecting down to millilitres per minute customers are notified via an app and given

74、 advice on how to detect its source.A team of specialist engineers are also notified who can find and fix the problem.The average leak fixed by LeakBot engineers wastes an estimated 130 litres of water per day.By stopping those leaks,the technology has already saved millions of litres of water going

75、 to waste.ONDOThe Green Economy Mark is helping to pave the way for interest from institutional investors.”Craig FosterCEO,Ondo“21 https:/www.epa.gov/watersense/statistics-and-facts#:text=Household%20leaks%20can%20waste%20approximately,gallons%20of%20water%20annually%20nationwide15SEIZING THE GREEN

76、GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITY16The young company started by focusing on solving the problem for insurance companies,who pay Ondo to provide the device and support services and then offer it free to policyholders.By detecting and resolving leaks early,insurers save on their c

77、laim costs.Ondo is already a partner with 11 insurance carriers in the UK,Europe and the USA including Admiral,Direct Line Group,Hiscox,Mapfre,TopDanmark and Swedens largest non-life insurer Lnsfrskringar.Soon after its IPO on the Main Market in March 2022,Ondo was provided with the Green Economy Ma

78、rk.“It was an important early win and really helpful in a lot of ways,”says CEO Craig Foster.“Its a really great endorsement.”Ondo is still a small company it currently employs 25 people and is at the start of its growth journey,he adds,but the Green Economy Mark is helping to pave the way for inter

79、est from institutional investors.Foster also outlines how the accreditation is helping Ondos customers:“Our insurance partners not only save on costs but can report to their stakeholders on the additional environmental benefits that accrue from their decision to partner with us.”In a pilot scheme in

80、 Sweden,the insurer onboarded new customers as a result of other local homeowners being attracted by the green credentials of the LeakBot solution.The next step is to start to bring together the water industry and the insurance industry to collaborate to make an even bigger impact.In a recent trial

81、with Portsmouth Water,24%of houses that installed a LeakBot had a pre-existing leak and a 60%reduction in the number of leaks was achieved after six months.“The findings for Portsmouth Water supported what we see in the data across the UK,which shows that we could achieve most if not all of Ofwats 3

82、6 litre per day consumption reduction target in houses in England and Wales.By bringing together the water and insurance sectors to both contribute to the roll-out of the system we have the opportunity to make a material contribution to the worlds water shortage crisis by fixing one leaky home at a

83、time,”says Foster.60%leak reduction in houses with LeakBot installedSEIZING THE GREEN GROWTH OPPORTUNITY17Three decades ago,renewable energy sources accounted for just 6%of all UK electricity generation.In 2022,they constituted 44%.This green transition will be further accelerated by the growth in b

84、attery energy storage systems(BESS).These systems essentially containers filled with racks of battery cells are playing an increasingly pivotal role in green energy supply and responding to electricity demand.Connected into the National Grid,the systems enable energy from renewables to be stored and

85、 then released when power is required.So even when the wind is not blowing or the sun is not shining,more of the UK can be powered by green energy more of the time.Harmony Energy Income Trust(HEIT),an investment company that invests in commercial scale energy storage and renewable energy generation

86、projects,is focused on scaling BESS.The company was admitted to the Specialist Fund Segment of the Main Market in November 2021.“By then,we had already built and operated two of the top performing battery assets in the UK,”says HEITs Investment Director Peter Kavanagh.“We had a great pipeline of sit

87、es.We wanted to accelerate that change and raising more capital via a listing was the quickest way to achieve that.”The company invests in shovel ready projects those that have planning permission,have secured a connection to the grid,and have a lease option over the relevant land.Its portfolio of s

88、ites is increasing steadily;the grid needs lots of batteries distributed around the network as we move from a centralised power system which relied on large power stations to a decentralised system with many renewable energy sites.HARMONY ENERGY INCOME TRUSTWe want to reduce the impact of the materi

89、als used in battery production so we dont have any cells that use cobalt.We want to be as sustainable as we can and we want investors,when they are screening investments,to recognise that.”“Peter KavanaghInvestment Director,Harmony Energy Income TrustSEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE G

90、REEN GROWTH OPPORTUNITY18HEITs sites include Pillswood near Hull,which is the largest operational BESS in Europe.“Its a game changer,”says Kavanagh.The company is keenly focused on sustainability through its supply chain “we want to reduce the impact of the materials used in battery production so we

91、 dont have any cells that use cobalt,”says Kavanagh all the way through to construction,where it is working with local Wildlife Trusts to preserve and foster biodiversity in the vicinity of each of its sites.“There is a lot of greenwashing out there,”says Kavanagh.“We want to be as sustainable as we

92、 can and we want investors,when they are screening investments,to recognise that.Having the Green Economy Mark is very important to us.”While there are still barriers to overcome,Kavanagh is optimistic that the full potential of renewable energy is there to be unlocked.“The economics have changed.Th

93、e green economy is showing itself to be financially sustainable.Not long ago,subsidies were needed in order to build onshore wind farms and solar farms;now they are our cheapest form of power generation which we can build without any tax payer support.We can get to net zero it is not an impossible t

94、arget.”“The green economy is showing itself to be financially sustainable.Not long ago,subsidies were needed in order to build onshore wind farms and solar farms;now they are our cheapest form of power generation which we can build without any tax payer support.We can get to net zero it is not an im

95、possible target.”SEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITY19The decarbonisation of buildings is one of the major challenges in the pursuit of net zero.The United Nations Environment Programme(UNEP)estimates that the construction and operation of buildings account for a

96、lmost 40%of global energy-related CO emissions both from their operating emissions such as lighting and heating,and from the embodied emissions in their materials.“There is a big part that we can play in helping to bring this down,”says its CFO Simon Dray.Its just one of several major environmental

97、challenges that is being addressed by Alumasc,the UK-based supplier of sustainable building products,systems and solutions.As a business with its roots in the 1940s as a manufacturer of long-lasting metal products,Alumasc has sustainability in its DNA.“Weve always focused on the quality end of the m

98、arket;whatever our products have been,they have always been ones which have had the greatest longevity,”says Dray.Its Timloc business was the first building products company to become a carbon neutral manufacturer:75%of its products are manufactured from recycled materials and 95%are recyclable.Arou

99、nd 80%of Alumascs sales are derived from products which improve building energy efficiency,manage urban water drainage,and improve urban biodiversity and access to green spaces.Many of its environmental products are focused on decarbonising construction through better insulation and ventilation that

100、 reduce the energy demands of a building in use.ALUMASCHaving the Green Economy Mark means that Alumasc is starting to appear on the radar of ESG investors and we are having greater dialogue with more ESG funds.”“Simon DrayCFO,AlumascSEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPOR

101、TUNITY20Another part of the business is focused on water management;ensuring that rainwater is efficiently managed from the point it falls into the drainage system.Buildings have to be more resilient and efficient in the face of hotter,drier summers and warmer,wetter winters:for example,an Alumasc b

102、lue-roof collects surface rainfall and controls its flow during a rainstorm;an Alumasc slot drainage system manages and attenuates surplus rainwater in car parks,airports and other large sites.A recent innovation in slotdrain design reduces customers installation costs and the use of concrete and st

103、eel reinforcement.With these credentials,the company is unsurprisingly“very proud”to have the Green Economy Mark.“It is a key part of our proposition and we use it on all of our marketing materials,”says Dray.One valuable attribute,he says,is that the Mark does help in the attraction and retention o

104、f staff.“Good people want to work for a company that they feel is aligned with their values,and the Green Economy Mark is a clear demonstration of our green ethos.”In addition,says Dray,“having the Green Economy Mark means that Alumasc is starting to appear on the radar of ESG investors and we are h

105、aving greater dialogue with more ESG funds.”“Good people want to work for a company that they feel is aligned with their values,and the Green Economy Mark is a clear demonstration of our green ethos.”SEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITY21GREEN ECONOMY MARK 2023 CO

106、HORTSEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITY22GREEN ECONOMY MARK 2023 COHORTCompany/fund nameICB industryMarketAccsys Technologies plcIndustrialsAIMAFC Energy plcEnergyAIMAgronomics LimitedHealth CareAIMAlumasc Group plcIndustrialsAIMAMTE Power plcIndustrialsAIMAquila

107、 Energy Efficiency Trust plcFinancialsMain MarketAquila European Renewables Income Fund plcFinancialsMain MarketAtome Energy plcEnergyAIMAtrato Onsite Energy plcFinancialsMain MarketBarratt DevelopmentsConsumer DiscretionaryMain MarketBeeks Financial Cloud GroupTechnologyAIMBerkeley Group HoldingsCo

108、nsumer DiscretionaryMain MarketBiome Technologies plcBasic MaterialsAIMBlackbird plcTechnologyAIMBluefield Solar Income Fund LimitedFinancialsMain MarketCairn Homes plcConsumer DiscretionaryMain MarketCAP-XX LimitedIndustrialsAIMCeres Power Holdings plcEnergyAIMChina Yangtze Power Co.,LtdUtilitiesMa

109、in MarketClean Power Hydrogen plcEnergyAIMCyanconnode Holdings plcTelecommunicationsAIMDG Innovate plcConsumer DiscretionaryMain MarketDialight plcIndustrialsMain MarketDirecta Plus plcBasic MaterialsAIMDowning Renewables&Infrastructure TrustFinancialsMain MarketEcofin U.S.Renewables Infrastructure

110、Trust plcFinancialsMain MarketEden Research plcBasic MaterialsAIMeEnergy Group plcIndustrialsAIMEneraqua Technologies plcIndustrialsAIMCompany/fund nameICB industryMarketEQTEC plcEnergyAIMFirstGroupConsumer DiscretionaryMain MarketForesight Group Holdings LimitedFinancialsMain MarketForesight Solar&

111、Technology VCT plcFinancialsMain MarketForesight Solar Fund LimitedFinancialsMain MarketForesight Sustainable Forestry Company plcFinancialsMain MarketGCP Infrastructure Investments LimitedFinancialsMain MarketGelion plcIndustrialsAIMGenuit Group plcIndustrialsMain MarketGlenveagh Properties plcCons

112、umer DiscretionaryMain MarketGore Street Energy Storage Fund plcFinancialsMain MarketGreencoat Renewables plcUtilitiesAIMGreencoat UK Wind plcFinancialsMain MarketGresham House Energy Storage Fund plcFinancialsMain MarketGresham House plcFinancialsAIMGresham House Renewable Energy VCT 1 plcFinancial

113、sMain MarketGresham House Renewable Energy VCT 2 plcFinancialsMain MarketHarmony Energy Income Trust plcFinancialsMain MarketHarvest Minerals LimitedBasic MaterialsAIMHydrogenone Capital Growth plcFinancialsMain Marketi(x)Net Zero plcFinancialsAIMIlika plcIndustrialsAIMIMIIndustrialsMain MarketImpax

114、 Asset Management Group plcFinancialsAIMImpax Environmental Markets plcFinancialsMain MarketInspired plcEnergyAIMInvinity Energy Systems plcIndustrialsAIMITM Power plcEnergyAIMContinued on page 23SEIZING THE GREEN GROWTH OPPORTUNITYSEIZING THE GREEN GROWTH OPPORTUNITY23GREEN ECONOMY MARK 2023 COHORT

115、Company/fund nameICB industryMarketJLEN Environmental Assets Group LimitedFinancialsMain MarketJupiter Green Investment Trust plcFinancialsMain MarketKingspan Group plcIndustrialsMain MarketLand Securities GroupReal EstateMain MarketLibertine Holdings plcIndustrialsAIMMacfarlane GroupIndustrialsMain

116、 MarketMicrolise Group plcTechnologyAIMMing Yang Smart Energy Group LimitedEnergyMain MarketmusicMagpie plcConsumer DiscretionaryAIMMYCELX Technologies CorporationIndustrialsAIMNanoco Group plcTechnologyMain MarketNeometals LtdBasic MaterialsAIMNextEnergy Solar Fund LimitedFinancialsMain MarketOctop

117、us Renewables Infrastructure Trust plcFinancialsMain MarketOndo Insurtech plcIndustrialsMain MarketPennon Group plcUtilitiesMain MarketPersimmon plcConsumer DiscretionaryMain MarketPlant Health Care plcBasic MaterialsAIMPlexus Holdings plcEnergyAIMPod Point Group Holdings plcEnergyMain MarketPowerho

118、use Energy GroupEnergyAIMPremier Miton Global Renewables Trust plcFinancialsMain MarketProton Motor Power Systems plcEnergyAIMQuartix Technologies plcTechnologyAIMR.E.A.Holdings plcConsumer StaplesMain MarketRenew Holdings plcIndustrialsAIMRenewi plcUtilitiesMain MarketSabien Technology Group plcInd

119、ustrialsAIMCompany/fund nameICB industryMarketSaietta Group plcConsumer DiscretionaryAIMSDCL Energy Efficiency Income Trust plcFinancialsMain MarketSDIC Power Holdings Co.,LtdUtilitiesMain MarketSevern Trent plcUtilitiesMain MarketSimec Atlantis Energy LimitedEnergyAIMSmart Metering Systems plcIndus

120、trialsAIMSmith(DS)plcIndustrialsMain MarketSmurfit Kappa Group plcIndustrialsMain MarketSurface Transforms plcConsumer DiscretionaryAIMSymphony Environmental Technologies plcIndustrialsAIMSynthomer plcBasic MaterialsMain MarketTekmar Group plcEnergyAIMThe Renewables Infrastructure Group LimitedFinan

121、cialsMain MarketThorpe(F.W.)plcTechnologyAIMTI Fluid Systems plcConsumer DiscretionaryMain MarketTirupati Graphite plcBasic MaterialsMain MarketTrakm8 Holdings plcTechnologyAIMTriple Point Energy Efficiency Infrastructure Company plcFinancialsMain MarketTritax EuroBox GBPReal EstateMain MarketUnited

122、 Utilities Group plcUtilitiesMain MarketUS Solar Fund plcFinancialsMain MarketVerditek plcEnergyAIMVH Global Sustainable Energy Opportunities plcFinancialsMain MarketVolution Group plcIndustrialsMain MarketWater IntelligenceIndustrialsAIMXeros Technology Group plcIndustrialsAIMZotefoams plcBasic Mat

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