Eden Research PLC (LON:EDEN), the sustainable biopesticides group, has received the London Stock Exchange’s Green Economy Mark, which recognises companies that derive over 50% of their total annual revenue from products and services that contribute to the global green economy.
Adherence to good environmental, social and governance (ESG) principles has become a fundamental part of analysing businesses with institutions such as BlackRock, the world’s largest stock market investor, and Wall Street bank Goldman Sachs bringing the issue into the mainstream.
In a statement, Eden Research chief executive Sean Smith said: “As the UK’s only listed AIM company focused on biopesticides for sustainable agriculture, being recognised with the Green Economy Mark clearly demonstrates our credentials to investors and other stakeholders, highlighting Eden’s efforts to support the transition to a sustainable world.
“We continue to see a growing number of investors putting ESG and sustainability at the heart of their decision-making process. This is a significant accreditation for Eden and we are honoured to be part of this esteemed group of companies and funds.”
The award is based on a data model developed by the indices specialist FTSE Russell that helps investors environmentally benchmark listed companies.