24 June 2021

Better Energy releases ESG Report 2020

As one of the first companies in the world, Better Energy has become a Future-Fit Pioneer. Better Energy is pleased to release its first Environmental, Social and Governance (ESG) report in the context of future-fitness.

Better Energy’s first ESG report communicates the company’s commitment to future-fitness. The report is organised in eight main sections, a narrative summary built around the eight properties of a Future-Fit Society. This new reporting initiative presents important focus areas from 2020 and the progress that has been achieved.

“Better Energy was founded with the purpose of driving the transition to renewable energy sources. Our purpose is to do good, accelerate progress and scale up nature-positive solutions. Of course, we should address the potential negative impacts of our business. However, it is just as important to find out how we can do more things better – how we can do the most good. This is what Future-Fit does for us,” explains Better Energy CEO Rasmus Lildholdt Kjær.

Future-Fit Pioneer

In November of 2020, Better Energy became a Future-Fit Pioneer. A business that is ’Future-Fit’ is one that delivers its purpose in a way that does not cause any harm to the planet or society. That means transforming itself to become environmentally regenerative, socially just and economically inclusive.

According to the Future-Fit methodology, there are seven core properties of a Future-Fit Society, plus an eighth enabling property which identifies the socio-economic drivers required to pursue the others. In coming years, Better Energy will be implementing fitness criteria and indicators, and building metrics to track progress towards future-fitness.

“We are applying our pioneering spirit to ESG. We are evolving responsibility to include resilience and regeneration, exploring ways to add even more value to our operations and to our surroundings. Solar projects can be used to boost biodiversity, restore soil health, improve the quality of fresh water in the ground and absorb even more CO2 by restoring wetlands,” says Rasmus Lildholdt Kjær, and concludes:

“Driving systems change does not mean measuring more things or doing less of what we did yesterday. To achieve systems change, all our people and partners must focus on meaningful action at scale. We can bring new strength to ecosystems – create low-carbon places and nature-rich spaces – and this report shows how we are working to achieve that.”

Download ESG Report 2020