Low Carbon

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

The core business — developing, owning, and operating solar, wind, and battery storage — directly avoids fossil-fuel emissions; the company reports over 1 million tonnes of CO₂ avoided since commissioning and is targeting 20 GW of new renewable capacity by 2030, which is credible given its operational portfolio across the UK, Ireland, Europe, and North America.

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

Low Carbon publicly states a 2030 net-zero target covering all three scopes and a 20 GW capacity goal, but no SBTi-validated targets appear on the SBTi public dashboard, no CDP disclosure is publicly traceable, and the company's own website does not publish quantified scope-by-scope baseline emissions or interim milestones — leaving the net-zero claim as an aspirational pledge rather than a verified commitment.

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

B Corp certification (since December 2019, score 97 — well above the 80-point threshold) provides third-party validation of governance, labour practices, community engagement, and environmental management; governance was legally amended to require balancing profit and purpose, and annual sustainability reports are published, but the depth of supply-chain and operational ESG data disclosed publicly is limited.

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Low Carbon publishes annual sustainability reports and B Corp disclosures, and the CO₂-avoided figure (>1 million tonnes) is cited on its homepage, but independent third-party verification of emissions data, methodology, or scope-3 accounting is not publicly documented; no CDP response is publicly accessible and financial accounts filed at Companies House are minimal for an asset manager of this size.

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No material controversies, litigation, greenwashing enforcement actions, fossil-fuel lobbying, or governance scandals are found in public records; the CVC DIF acquisition (completed January 2026) is commercially motivated but CVC DIF has its own published sustainability and ESG frameworks, posing a low but watchable governance transition risk.