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NextEnergy Solar Fund’s ESG Vision: Insights from non-executive director Josephine Bush

Published: 08:55 02 Jul 2024 BST

NextEnergy Solar Fund Ltd (LSE:NESF) non-executive director and head of the ESG committee, Josephine Bush, talked with Proactive's Stephen Gunnion about the company's latest initiatives and sustainability strategies.

Bush detailed the complexities and responsibilities of her role, highlighting the development of sustainability strategies, execution disciplines, and risk management approaches. "Part of my role is to help develop the strategic approach, the execution disciplines, approach to risk management, and really importantly for disclosure," she said.

The discussion also covers the recently released 2024 sustainability and ESG report, which adheres to the new International Sustainability Standards Board (ISSB) standards. Bush explained how NextEnergy Solar Fund is an early adopter of these standards, positioning itself as a leader in global sustainability reporting. The fund’s focus on climate change, biodiversity, and human rights is emphasised, alongside its classification as an Article 9 fund, showcasing its commitment to sustainable investments.

Moreover, Bush elaborated on the Task Force for Nature-related Financial Disclosures (TNFD) and the fund's role in biodiversity enhancement and nature restoration. With initiatives ranging from clean energy production to community contributions, the fund's diverse impact is clear.

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