A newly launched benchmark from the Global Impact Investing Network (GIIN) has highlighted the influence of energy impact investments in reducing greenhouse gas emissions while boosting energy production. The benchmark was developed by the GIIN Impact Lab and a 20-strong team of energy impact investing experts. Using the tool, investors are able to anonymously compare performance against their peers on the UN Sustainable Development Goals (SDGs) and the Paris Agreement to strengthen impact decision-making. GIIN said the tool aims to enable the “effective and efficient” direction of investor capital into investment opportunities that “accelerate” the clean energy transition and boost energy access. The benchmark showed that impact investments in the energy sector are responsible for a 6.1% median decrease in Scope 1 and 2 CO2 emissions. It also demonstrated that impact investments in the energy sector advance SDG 7 – energy access for all. Amit Bouri, CEO and Co-founder at GIIN, said: “We hope to see the energy benchmark drive competition that delivers greater benefits for people and the planet such as increased energy access, improved energy efficiency and reduced greenhouse gas emissions.”
Attn #energy impact investors! Check out the GIIN’s new energy impact performance benchmark and compare your investment performance with peers, the Paris Agreement and SDGs.
— GIIN (@theGIIN) November 7, 2023