Climate and Energy

Low-income and vulnerable communities are the most at risk to climate breakdown and energy shocks. Families in cold, draughty homes face the highest energy bills while communities hosting renewable infrastructure rarely benefit directly from the clean energy they help generate. Investment focused on supporting these communities to drive change is the quickest, most effective way to a resilient low carbon society that works for everyone.

Our climate & energy strategy

We’re seeking to grow the capital invested into a range of models designed to put communities at the heart of green growth. We aim to do this through investing ourselves while building the markets, structures and partnerships that allow others to invest with confidence.

Investing in community-owned renewables that give people a stake in their energy future

Community ownership ensures assets are shaped by the needs of local citizens, helping to build the trust and buy-in needed for decarbonisation.

Warm, energy efficient homes and communities for lower bills and better health

Climate change affects everyone, but it hits those on low incomes the hardest.

Nature based solutions to build climate resilience

Nature recovery is essential for food security and resilience to extreme weather conditions including flooding and drought.

Green skills pathways for workers transitioning from traditional industries

Those employed in traditional industries are more likely to face job losses, live in areas more exposed to extreme weather, and feel the pinch most when prices for essentials go up.