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When the time came to revisit financing arrangements, Volution CFO Andy O’Brien decided to launch a £150m sustainability-linked revolving credit facility as a way of demonstrating the ESG commitment of the firm, which specialises in ventilation systems for homes, offices, hospitals and schools. The process, undertaken between August and November last year, replaced a previous financing of £120m.
The decision to list energy efficiency specialist eEnergy last month on junior market AIM reflects the belief of the group’s chief executive Harvey Sinclair that the time is right. The entrepreneur says a tipping point has been reached when it comes to demand for sustainable energy from both corporates and public entities alike, and specifically the Energy-as-a-Service model (EaaS) model.
When it comes to sustainability, there are some brands who are way ahead of the game. Others, however, are not so and are behind. Brands who embrace a more sustainable outlook, can gain so much potential, becoming more sustainable, can appeal both to a wider audience and in the long run, save money. But in order to achieve a more sustainable outlook, brands must be prepared to move away from traditional operations practices and adopt new methods.
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