Green sector among the most attractive to investors in 2021
Joe Biden is this week hosting an online climate summit following the announcement in January that the United States would rejoin the 2015 Paris Agreement to fight climate change. He has promised to put the US on track to net-zero emissions by 2050 and released a $2 trillion “American Jobs Plan” last month with measures to boost clean energy and help the country fight climate change.
This is not unique to the US, with many other countries around the world have also been planning to reach net-zero greenhouse gas emissions by 2050 and the UK leading the way with new targets to reduce emissions drastically by 2035. This has put green and sustainable companies firmly in the sights of UK-based investors, perhaps this year more than ever before.
At IW Capital, we recently commissioned some data that revealed 45% of investors across the UK are looking to back green or sustainable companies with Eastern England leading the way with 57% of investors keen to invest in this sector.
We have helped a number of companies within the sector grow in the past few years, including SaveMoneyCutCarbon who work with organisations and homes to reduce energy and water consumption and cut operating costs. The company offers in-demand services extending from property surveys and investment-grade proposals to product installation.
A more recent investment has seen a company called Transcend Packaging almost double their workforce. They aim to create sustainable packaging products that offer a meaningful contribution toward reducing plastic waste as leading brands work to minimise the ecological impact of their packaging at the end of its useful life. Through their commitment to innovation, disruption and new product development, Transcend Packaging is helping promote meaningful change in the packaging industry.
Moreover, Impact Recycling, another company that we have invested in, have developed a breakthrough plastic recycling technology which separates the components of post-consumer, mixed plastic waste to recover two consistent streams of plastic: polyethylene (PE) and polypropylene (PP), each with over 95% purity.
Working with innovative and future-facing companies like SaveMoneyCutCarbon, Transcend Packaging and Impact Recycling Limited has shown us how important green tech companies are to the UK economy and it has highlighted the continued drive towards this sector and in supporting a more environmentally friendly economy.
To find out how IW Capital could maximise your investment opportunities, please contact the team today on 020 7015 2250, or email info@iwcapital.co.uk.