Velocys classified as Green Economy Issuer by the London Stock Exchange
20 Dec 2019
Velocys is pleased to announce that it has been classified as a Green Economy Issuer by the London Stock Exchange. The Green Economy Mark award identifies listed companies that generate between 50% and 100% of total annual revenues from products and services that contribute to the global green economy.
The underlying methodology for the classification incorporates the Green Revenues data model developed by FTSE Russell, capturing both ‘pure-play’ green technology companies, as well as those across industries that make significant contributions to the transition.
Through its consistent application across London Stock Exchange’s markets and segments, the Green Economy Mark improves visibility to investors and other stakeholders that are interested in green economy activities.
Henrik Wareborn, CEO at Velocys, said:
“We are delighted to have attained the classification, which recognises the role of our technologies and their importance in the decarbonisation of the transport sector. Investment in the green economy is gathering momentum and Velocys’ position is solid in its presence and offering to the market.”