NextEnergy Capital earns UN PRI 5-star rating for 2024

NEC’s updated Sustainability Strategy ensures ESG integration and risk mitigation, earning global recognition. (Image Source: Next Energy Capital)

NextEnergy Capital (NEC), a UK-based renewable energy investment firm, has secured a 5-star rating in the United Nations Principles for Responsible Investment (UN PRI)’s 2024 Benchmark Assessment for the second year running. The top rating reflects NEC’s excellence in responsible investment practices. Since joining the UN PRI in 2016, NEC has embraced its Six Principles, embedding environmental, social, and governance (ESG) standards across its operations. In 2024, NEC implemented a revamped Sustainability Strategy and Framework, guided by its dedicated ESG team. According to NEC, this approach integrates ESG factors into investment decisions, mitigating risks and identifying sustainable opportunities. The group’s initiatives aim to align with global development goals while advancing transparency. As per the UN PRI assessment, NEC’s practices are considered exemplary, earning praise from investors.