Nextenergy Solar Fund Sustainability Profile

In 2025, Nextenergy Solar Fund reported total carbon emissions of approximately 19,233,000 kg CO2e. This figure includes 1,358,000 kg CO2e from Scope 2 emissions and a significant 17,875,000 kg CO2e from Scope 3 emissions, while Scope 1 emissions were recorded at zero. In 2024, the total emissions were about 32,833,900 kg CO2e, with Scope 2 emissions at 1,394,880 kg CO2e and Scope 3 emissions at 31,439,020 kg CO2e. The 2023 emissions were considerably lower, at approximately 1,319,000 kg CO2e, primarily from Scope 2 (1,169,000 kg CO2e) and Scope 3 (150,000 kg CO2e). Despite these figures, Nextenergy Solar Fund has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The organisation's emissions data is self-reported and does not cascade from a parent company, ensuring that the figures reflect its direct operational impact. Nextenergy Solar Fund's commitment to sustainability is evident in its focus on renewable energy investments, which inherently aim to reduce carbon footprints across the energy sector. However, without explicit reduction targets, the effectiveness of these commitments remains to be fully assessed.