NextEnergy Solar Fund, commonly referred to as NESF, is a leading investment company headquartered in Great Britain. Established in 2014, the fund focuses on the renewable energy sector, primarily investing in solar power assets across the UK and Europe. With a commitment to sustainable energy solutions, NESF has successfully built a diverse portfolio of operational solar plants, contributing significantly to the transition towards a low-carbon economy. The fund's unique approach combines financial acumen with a dedication to environmental stewardship, positioning it as a key player in the renewable energy market. Notable achievements include a robust track record of delivering consistent returns to investors while promoting clean energy initiatives. As a pioneer in the solar investment landscape, NextEnergy Solar Fund continues to drive innovation and growth in the renewable energy industry.
How does Nextenergy Solar Fund's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Nextenergy Solar Fund's score of 13 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nextenergy Solar Fund reported total carbon emissions of approximately 1,319,000 kg CO2e, with Scope 2 emissions accounting for about 1,169,000 kg CO2e and Scope 3 emissions contributing approximately 150,000 kg CO2e. For the following year, 2024, the Fund's emissions are projected to rise significantly to about 32,835,000 kg CO2e, with Scope 2 emissions at approximately 1,395,000 kg CO2e and a substantial increase in Scope 3 emissions to around 31,440,000 kg CO2e. Despite these figures, there are currently no disclosed reduction targets or initiatives from Nextenergy Solar Fund, indicating a lack of formal commitments to reduce their carbon footprint. The absence of specific reduction strategies or climate pledges suggests that the Fund may need to enhance its climate commitments to align with industry standards and expectations for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | 2024 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 1,169,000 | 0,000,000 |
Scope 3 | 150,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nextenergy Solar Fund is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.