NextEnergy Solar Fund publishes sustainability report

Published 16/06/2025, 07:04
NextEnergy Solar Fund publishes sustainability report

LONDON - NextEnergy Solar Fund (NESF), a specialist investor in solar energy and energy storage, published its fourth annual Sustainability & ESG Report for the year ended March 31, 2025, the company announced Monday.

The report aligns with the International Sustainability Standards Board’s General and Climate standards, while also incorporating recommendations from the Taskforce on Nature-related Financial Disclosures (TNFD). NESF identified itself as an early adopter of the TNFD framework, making aligned disclosures in the first reporting year possible.

The company’s sustainability strategy focuses on three principal areas: climate, nature, and social-related issues, with supply chain considerations integrated throughout these topics.

Josephine Bush, Chair of NESF’s Board ESG Committee, stated that the company’s early adoption of the TNFD demonstrates its commitment to transparency regarding connections between climate, nature, and financial performance.

The report builds upon NESF’s "Approach to Nature" framework published in November 2024, which outlined the company’s strategy for managing its relationship with the natural environment.

NESF, which is classified as an Article 9 Fund under EU Sustainable Finance Disclosure Regulation, reported an audited gross asset value of £1,061 million as of March 31, 2025.

The company is managed by NextEnergy Capital, part of the NextEnergy Group, which has been active in solar development, construction, and ownership across multiple jurisdictions since its founding in 2007.

The sustainability report is available on the company’s website in the Reports & Publications section, according to the press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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