The Octopus Renewables mission is to accelerate the transition to a future powered by renewable energy in order to mitigate climate change.
We want to change the world for the better and strive to do business the “right” way. For us, this means considering a wide range of stakeholders when making decisions, including our customers, shareholders, employees, the community and the environment.
More formally, we are committed to supporting the UN Sustainable Development Goals. We are also signed up to the UN Principles of Responsible Investment (UN PRI) and aim to report in line with the GRESB framework.
Octopus Renewables Infrastructure Trust is committed to supporting the UN Sustainable Development Goals with a particular focus on
UN SDG 7.2
Octopus Renewables manages investments on behalf of a wide range of investors. Each Octopus Renewables fund has its own bespoke ESG policy that is reviewed annually, allowing different investors to dictate the direction, depth and breadth of the ESG approach for their investment, all of which must exceed the minimum standard set by the Octopus ESG committee each year.
During construction of eight solar sites in Sardinia, the team replanted displaced olive trees around the sites’ periphery. They also built an improvised kennel for a pregnant stray dog, then housed, vaccinated and rehomed her and her puppies.
During the construction and development of this solar farm, we held a jobs fair to attract local labour, used local restaurants to feed our 400 workers, refurbished the local sports facilities and set up a biodiversity fund.