CEO Insights Team, Press Release
As per the Global Sustainable Investment Alliance, the worldwide ESG investments grew from $13.3 trillion to $30.7 trillion between 2013 and 2018. With the ongoing Coronavirus crisis, there is an immediate need for adopting Environmental, Social and Governance (ESG) policies in the power sector post this COVID scenario, wherein Renewable Energy and Energy Efficiency investments can provide tremendous positive impact in terms of GDP, local job creation, and carbon emission reduction.
In light of this, Positive Energy, an international trading & finance platform, has partnered with Steward Redqueen, a consultancy firm specializing in advising organization on various environmental aspects, to launch an ESG digital assessment tool for clean energy investments. This partnership will come into force in the third quarter of 2020 with launch of a newer version of Positive Energy’s digital platform that will put these KPIs into action.
“It is a honor to partner with the Steward Redqueen and its highly passionate and knowledgeable team. By providing a simple set of ESG KPIs that can be easily measured and monitored through our platform, we hope to boost the adoption of ESG principles, especially in Asia and other emerging markets. It can also help to attract more funds to the sector and maximize the impact of these investments,” says Nicolas Payen, Co-Founder & CEO, Positive Energy.
Headquartered in Singapore, Positive Energy is a one of the world’s leading finance, trading & management digital portal makes investments in green energy and other eco-friendly initiatives fast and economically viable by automating the transaction workflow. Since its inception in 2017, the company has garnered massive specialization in Energy, Blockchain, MicroGrid, Trading, Renewables, Solar, Sustainability, Environment, Energy Storage, Micro-generation, Project Finance, Solar Loan, Debt Financing, Equity Swap, Investment, and Due Diligence areas.
Currently operating in India, Vietnam and Singapore, Positive Energy boasts of being Asia’s largest digital platform for clean energy investments, with over $700 million worth solar, wind, hydro & biomass investment opportunities listed so far. “Our digital platform saves developers/investors time and money to ultimately deploy more renewable energy projects and in a couple of months with this initiative we can also help them deliver more impact,” adds Vincent Bakker, Co-Founder & CFO, Positive Energy.
With a mission statement that says ‘making business work for society’, Steward Redqueen is a Netherlands based consultancy firm specialized in advising organizations worldwide on impact & sustainability aspects. The company has worked with corporations and other organisations in developed and emerging markets. Till date, Steward Redqueen has measured the impact of power investments for several investors and even developed ESG and impact measurement & management frameworks for various multinationals financial institutions such as Heineken, Investec, and Standard Chartered, to name a few.
Commenting on their latest partnership, Tias van Moorsel, Director, Steward Redqueen explains, “A growing group of companies in Asia has started with impact and ESG reporting. However, there is still a large group that has not started for various reasons. Some do not know where to start while others perceive it as a costly exercise. Our partnership with Positive Energy offers a pragmatic and costs-efficient tool for a very large number of players in the power sector such as regional utilities, independent power producers, developers, and local banks”.
Currently operating in India, Vietnam and Singapore, Positive Energy boasts of being Asia’s largest digital platform for clean energy investments, with over $700 million worth solar, wind, hydro & biomass investment opportunities listed so far. “Our digital platform saves developers/investors time and money to ultimately deploy more renewable energy projects and in a couple of months with this initiative we can also help them deliver more impact,” adds Vincent Bakker, Co-Founder & CFO, Positive Energy.
With a mission statement that says ‘making business work for society’, Steward Redqueen is a Netherlands based consultancy firm specialized in advising organizations worldwide on impact & sustainability aspects. The company has worked with corporations and other organisations in developed and emerging markets. Till date, Steward Redqueen has measured the impact of power investments for several investors and even developed ESG and impact measurement & management frameworks for various multinationals financial institutions such as Heineken, Investec, and Standard Chartered, to name a few.
Commenting on their latest partnership, Tias van Moorsel, Director, Steward Redqueen explains, “A growing group of companies in Asia has started with impact and ESG reporting. However, there is still a large group that has not started for various reasons. Some do not know where to start while others perceive it as a costly exercise. Our partnership with Positive Energy offers a pragmatic and costs-efficient tool for a very large number of players in the power sector such as regional utilities, independent power producers, developers, and local banks”.