Renewi plc awarded London Stock Exchange Green Economy Mark
05 November 2019
Renewi plc (LSE: RWI), a leading waste to product company, today announces that it has been awarded the Green Economy Mark, the new London Stock Exchange accreditation which recognises companies committed to sustainability
The Green Economy Mark, launched on 11 October 2019, recognises companies and investment funds on all segments of the Main Market and AIM that derive 50% or more of total annual revenues from products and services that contribute to the global green economy. The initiative is designed to support the transition to a low carbon economy through identifying sustainable investments to investors, who are becoming increasingly environment-focused.
Renewi is part of the first group of companies to have been acknowledged by the London Stock Exchange.
Otto de Bont, CEO of Renewi commented:
“We are extremely pleased to have been recognised by the London Stock Exchange as a company committed to environmental sustainability. Contributing to a cleaner, circular world is intrinsically important to everything we do at Renewi; it is the value that drives each and every one of our products and solutions. As a leader in the waste to product industry, we look forward to building on the Green Economy Mark and making further progress on our sustainability initiatives.”
Nikhil Rathi, CEO, London Stock Exchange plc said:
“We’re delighted to announce the first group of companies and funds that are receiving the Green Economy Mark. There is growing investor demand for actionable climate and environment-related financial information, with global asset allocations to green and sustainable finance increasing each year. The launch of the Green Economy Mark underlines our commitment supporting issuers and investors in the transition to a greener economy.”
Renewi is a leading waste to product company that gives new life to used materials every day. We have 7,000 employees working at 186 operating sites across Europe. Our extensive operational network means we are always close to our customers.
For Renewi, waste is a state of mind, and an opportunity. Our many years of knowledge and experience, combined with a broad range of services, allow us to offer sustainable, practical recycling solutions. We use innovation and the latest technology to turn waste into useful materials such as paper, metal, plastic, glass, wood, building materials, compost and energy. In other words, we turn today’s waste into tomorrow’s raw materials.
The result of our work is less waste and contamination, a smarter use of scarce raw materials, and a reduction in carbon emissions. This means that we are contributing towards a cleaner, circular world in which we “waste no more”.