Clean hydrogen has a vital role to play in this, and it can displace fossil fuels and hence reduce greenhouse gas emissions in transport, power generation, industrial energy, as a feedstock, and in heating. All of this results in ‘avoided GHG emissions’ that would otherwise have been released by burning fossil fuels.
Equally importantly, the uptake of hydrogen in trucks, trains and portable power plants, alongside battery electric in cars, can have a substantial impact on improving air quality in cities. According to the WHO, some 4 million premature deaths per year occur due to poor air quality today.
HydrogenOne Capital’s investment objective is to deliver an attractive level of returns while integrating core ESG principles into its decision-making and ownership process.
We have a powerful environment – social – governance investment case (ESG), closely aligned with seven of the United Nations Sustainable Development Goals. By excluding sectors such as fossil fuels producers, focusing strongly on energy transition themes, and proactively engaging with our investments and other stakeholders more broadly, we aim to deliver attractive returns and a positive environmental impact.