

Its goal is to limit global warming to well below 2☌ and preferably to 1.5☌, compared to pre-industrial levels. The Paris Agreement is a legally binding international treaty on climate change adopted by 196 Parties and entered into force in 2016. United Nations Framework Convention on Climate Change To access our assessment of TCFD (Task Force on Climate-Related Financial Disclosures) on our investments, please click here. NTR has assessed its investments against these risks spanning transition risks, physical risks, resource efficiency and other risk factors. The Task Force on Climate-related Financial Disclosures (“TCFD”) was established by the Financial Stability Board of the G20 to develop a set of voluntary disclosure recommendations for use by companies in providing consistent information to investors, lenders and insurance underwriters about their climate-related risks. Task Force on Climate-related Financial Disclosures The way in which NTR adopts each principle is set out in the NTR ESG policy, which can be accessed by following the link here. NTR has identified that 12 of the SDGs are particularly pertinent to the Company and its investments and in its policy, NTR sets out our aims for each area. The UN Sustainable Development Goals have been adapted by 193 countries. In 2015, world leaders gathered at the United Nations ("UN") to adopt 17 Sustainable Development Goals ("SDGs") to achieve several objectives by 2030: end poverty, promote prosperity and well-being for all, and protect the planet. United Nations Sustainable Development Goals We actively promote and encourage others to adopt the principles. We also commit to evaluate the effectiveness and improve the content of the principles over time. In signing up to the principles, we as investment managers publicly commit to adopt and implement them, where consistent with our fiduciary responsibilities.

The six principles were developed by an international group of institutional investors that was convened by the United Nations Secretary-General. NTR’s responsible investing transparency report is available on the UNPRI website, which can be found here. NTR undertakes an annual assessment by UNPRI.

NTR is a signatory of UNPRI and commits to UNPRI’s six principles that better align investors with broader objectives of society. To access our ESG Policy, please click here. Underpinning our commitment to ESG, NTR is an active supporter and signatory of a number of sustainability initiatives and a leading advocate of sustainable investing across multiple public fora. NTR takes a responsible investment approach to investment analysis, investment decision making and managing our sustainable infrastructure assets. The company’s chief investment officer Said Manus O’Donnell commented on the latest deals: “These two acquisitions are a strong demonstration of our intent to be an active participant in the rapidly growing French wind and solar market.”Ĭhoose your newsletter by Renewables Now.As long-term investors and investment managers of renewable energy and sustainable infrastructure assets, NTR is committed to using environmental, social and governance ("ESG") principles to assess and mitigate risk, to identify opportunities for impact investing and for the responsible stewardship of its investments. NTR has selected France as the core onshore wind and solar market for its second renewable energy fund. The Bricqueville plant’s four Vestas V100 turbines, meanwhile, are now entering into production and are seen to supply about 4,000 homes, once fully commissioned. Located in the Nouvelle-Aquitaine region, Charente-Maritime department, the larger facility is fully operational and is generating enough power for over 7,000 homes.

The fund purchased the 8.8-MW Bricqueville wind park in Normandy from UK-based renewables developer Renewable Energy Systems Ltd (RES), while the 10.2-MW Saint-Pierre-de-Juillers plant was bought from BayWa re renewable energy GmbH of Germany. The deal of NTR’s second sustainable infrastructure fund NTR Renewable Energy Income Fund II is estimated at over EUR 35 million (USD 39.9m), the Irish group said on Wednesday. Irish green asset manager NTR Plc has acquired two wind projects totalling 19 MW in France, thus marking its entry into the French wind power market.
