Tuesday, 1 October, London – Nadara, Europe’s largest independent power producer (IPP) of onshore wind, has achieved a top performance in the annual GRESB Infrastructure Asset Assessment, recognising the management and reporting of sustainability and environment, social and governance (ESG) issues.
The voluntary assessment, which is based on 2023 data submitted by Renantis and Ventient Energy prior to the integration of the two companies in 2024, positions Nadara with a five-star rating in ESG reporting. Both submissions achieved an overall score of 98/100.
GRESB assesses how participating companies manage sustainability and ESG issues as well as the ability to report on ESG data points considered by investors and industry participants to be material, or most important. GRESB outputs are used by investors globally to assess exposure to risks and identify new opportunities for investment.
With nine years of combined GRESB experience housed within the Nadara team, the company is well positioned to prepare a single, united submission for the next GRESB reporting cycle, with the view to improving ESG and sustainability reporting over time.
Giulia Privitera, Head of Sustainability and Stakeholder Engagement, Nadara, said: “Our latest five-star GRESB outcome is a testament to the contribution of our people right across the company who live and breathe our values of impact, care and connection and who are entirely committed to sustainability. We are particularly proud of our commitment to continuous improvement as the GRESB assessment criteria develops.
“We look forward to collaborating closely with the entire Nadara team, our customers, communities and all stakeholders in the year ahead to continue to drive forward our commitment to ESG and sustainability.”
Created through the integration of Ventient Energy and Renantis, Nadara is a leading renewable energy player in Europe, with 4.2GW of installed assets comprised of c. 200 wind, solar, biomass and energy storage assets across Europe – Italy, the United Kingdom, Portugal, Spain, France – and the United States. Sustainability is fundamental to how Nadara operates with transparent and accurate ESG reporting and will be a continued focus as the company grows.
Learn more about sustainability at Nadara: https://nadara.com/our-impact/