Major utilities join forces to create green finance initiative

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Major european energy companies have joined forces to create a sustainable finance forum to drive clean investment.

Founder members of the Corporate Forum on Sustainable Finance include EDF Energy, EDP, Enel, Engie, Iberdrola, Orsted, and SSE.

The firms will work to try and attract greater levels of investment into clean energy and technology through new financial instruments and by creating sustainable finance markets.

The companies say they will also work with ratings agencies to embed sustainable responsible impact investment (SRI) criteria more deeply within their financial assessments of corporates.

The full list of companies involved in the Corporate Forum on Sustainable Finance is:  EDF, EDP, Enel, Engie, Ferrovie Dello Stato, Iberdrola, Icade, Naturgy, Orsted, RATP, SNCF Réseau, Société du Grand Paris, SSE, Tennet, Terna, Tideway and Vasakronan.

See details here and here.

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