A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

UK Creates New Department for Energy Security and Net Zero

The UK Government has created a new Department for Energy Security and Net Zero, one of four new departments announced as part of a break-up of the Department Business, Energy and Industrial Strategy. The new department will be responsible for securing the UK’s long-term energy supply, bringing down bills and halving inflation. The move aims to “recognise the significant impact” of rising prices on UK households, and the need to secure more energy from domestic nuclear and renewable sources as well as bolstering energy security. The new department will be headed by Grant Shapps, who was previously Secretary of State for Transport. Eliette Riera, Head of UK Policy at the Principles for Responsible Investment, said: “The creation of the new UK government Department for Energy Security and Net Zero can be a positive step towards ensuring these important issues are dealt with holistically and with the appropriate level of focus. This requires foundational changes in public policy as a whole: net zero must be placed at the core of the UK government and reflected in all aspects of the new departments created today.” 

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top