Buchanan is delighted to have supported i(x) Net Zero (LON:IX.), an investing company that provide its shareholders the opportunity to create long-term capital growth with positive, scalable, measurable and sustainable impact on the environment and on the communities it serves, on its IPO on AIM.

i(x) Net Zero believes in profit with purpose, and its investee companies represent opportunities to invest in some of the fastest growing sectors which are addressing decarbonisation and the green energy transition.

Currently, i(x) Net Zero has six portfolio companies; three in the energy transition sector (WasteFuel, Carbon Engineering and Enphys Acquisition), as well as another three that are committed to sustainability in the built environment (MultiGreen Properties, Sustainable Living Innovations and Context Labs).

i(x) chose the list in London because it is at the centre of the impact investing universe and was a crucial next step for i(x)’s development, enabling it to accelerate the growth of its investee companies and provide investment to sectors helping to solve some of the world’s most pressing issues.

In order to establish Rank Group’s ESG strategy, Buchanan’s ESG team were engaged to conduct an in-depth materiality assessment for the business, to determine the most material risks and opportunities and define the scope of sustainability reporting. Working with subject matter experts from across the Group, Buchanan developed Rank’s ESG strategy, capturing existing initiatives as well as helping to develop their forward-looking objectives.

The Group’s inaugural Responsible Business Report, copywritten and produced by Buchanan, sets out this strategy. The report demonstrates how Safer Gambling considerations are central to the purpose of the business and presents the four key focus areas: customer experience, colleagues experience, environmental management, and community engagement.

Click here to read the full report.

In response to increasing interest in its ESG performance from key stakeholders, Lucid Energy Group engaged Buchanan’s ESG team to create their inaugural Sustainability Report that captures and presents its strong ESG programme. This involved defining Lucid’s material ESG risks and opportunities within its midstream operations, analysis of how the business manages down its ESG risk and constructing a comprehensive ESG narrative for integration into Lucid’s communications.

During this process, Buchanan provided consultancy and developed a strategic framework to help Lucid seize the opportunities presented by specific ESG issues. The framework is built around three key themes – Responsible Growth, Commitment to Excellence and Safe & Sustainable Operations – and was brought to life by our Design Team.

Since publication, Lucid has announced the milestone approval by the Environmental Protection Agency (EPA) to develop the largest Carbon Capture and Secure Storage Project in the Permian Basin – an important tenet to their decarbonisation programme.

Click here to read the sustainability report.