Powerhouse joins the Active Net Zero Clean Energy Index

Powerhouse has become an inaugural constituent of the Active Zero Clean Energy Index, designed to champion companies who are striving and making headway in the world’s clean energy transition.

In a joint venture between Longspur Research and Radnor Capital Partners, the index was launched to highlight companies that are actively driving the transition to a net zero carbon world.

Powerhouse sit alongside 145 listed companies spanning a range of sectors and market cap sizes. 

Longspur Radnor Indices Limited defines an Active Net Zero company as one which is actively helping others in the transition to a net zero world, not simply achieving net zero themselves.

Active Net Zero companies are the enablers who are delivering clean energy solutions for everyone, not just themselves.

According to the founders there is a “need for a deeper, more stringent, methodological review of the inclusion criteria for the clean energy sector to avoid so-called ‘greenwashing’ which results in Net Zero ‘laggards’ – companies that may have made Net Zero promises, but have yet to deliver material ‘green’ revenues or capex commitments – being included in mainstream, ostensibly ‘clean’ energy indices.”

Powerhouse is proud its technology has been recognised as actively contributing to the world’s clean energy transition and applaud the index for creating a stringent inclusion criteria.