The portfolio is managed by the business arm Octopus Energy Generation and comprises over 240 large scale and over 4,500 small scale energy projects. The energy capacity of 3.3 Gigawatts equates to 6,400 GWh at maximum capacity. In environmental terms, that's 1.9m tonnes of carbon prevented from entering the atmosphere annually. 1 million fossil fuelled cars would need to be removed from the roads every year or 9.3m trees would need to be planted every year, to absorb the carbon avoided by the portfolio in 12 months. Octopus manages investments on behalf of a wide range of investors. In addition to an overarching Responsible Investment policy, every Octopus fund has its own custom ESG policy which is reviewed every year. This permits 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 annually by the Octopus ESG committee.
To learn more about Octopus Energy Generation, you can visit their website by clicking here.
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