ESG Policy

Policy as at:
16/11/2022

Investments we avoid (exclusions)

Fossil fuels

Investments we favour

Clean hydrogen and complementary hydrogen focussed assets

Environmental factors

The company contributes to climate change mitigation by integrating core ESG principles into its decision making and ownership process.

Overview

The Company’s investment objective is to deliver an attractive level of capital growth by investing, directly or indirectly, in a diversified portfolio of hydrogen and complementary hydrogen focused assets whilst contributing to climate change mitigation by integrating core ESG principles into its decision making and ownership process.

Carbon emissions

Greenhouse gas emissions and avoided greenhouse gas emissions.

Impact investing

Climate impact fund

How we measure success

The portfolio aligns with the Paris Agreement target using the 1.5-degree scenario as set out in the EU Delegated Regulation 2020/1818. Fundamentally the avoided emissions from the portfolio will make a significant contribution to this target by displacing fossil fuel alternative, well in excess of the 7% reduction required to the scope 1, 2 and 3 emissions.