Liontrust Sustainable Investment Annual Review 2021 - International - Report - Page 28
Affordable and clean energy (SDG #7)
We have two main themes aligned with achieving this SDG to ensure
access to affordable, reliable, sustainable and modern energy for all.
Increasing electricity generation from renewable sources:
Substituting coal-intensive fossil fuel electricity generation with
renewable power sources reduces carbon emissions as well as
providing a cost-effective means in some off-grid situations to connect
people to cheaper, more reliable power sources.
Terraform Power is a US-based renewable electricity generation
company that operates over 4GW of wind and solar farms. This is
a significant amount of renewable generation and is helping bring
down emissions in the US. Wind and solar are becoming cheap
sources of electricity generation, and solar can now outcompete
natural gas derived from fracking – so we see this company having
a very positive impact.
28 - Liontrust Sustainable Investment: Annual Review 2019
Improving the efficiency of energy use: We see many ways of
making energy cheaper by reducing wasted energy while also
reducing emissions through more efficient use. This cuts across
many areas of the economy and includes building insulation,
efficient lighting, energy-efficient climate control, travel and
industrial processes. Companies that provide services or equipment,
particularly in upgrading the power grid network to be able to deal
with changing production and consumption patterns of electricity, are
an important requirement to achieve affordable clean energy.
Kingspan is domiciled in Ireland and specialises in products and
services that improve the efficiency of energy use in buildings. This
includes building insulation and smarter controls (for air conditioning
and heating), reducing the amount of energy wasted.
