Energy Resilience

The term ‘Resilience’ refers to the ability to withstand or recover quickly from difficulties. In the context of energy and social enterprises and charities, we refer to ‘Energy Resilience’ as having the knowledge, tools and assets required to be sustainable through the ongoing energy bills crisis. 

Carbon Neutral

Being ‘Carbon Neutral’ means taking active steps to remove the same amount of CO2 to what’s emitted through trading activities and supply chains, by investing in measures that absorb CO2. These measures are often referred to as ‘Carbon Sinks’ and examples include forests and oceans.  

Net Zero

Net Zero refers to the state in which the amount of greenhouse gas that’s produced is balanced by the amount that’s removed from the atmosphere. It’s achieved through various reduction and removal efforts. 

Just Transition

This term refers to an equitable and sustainable shift from a carbon-intensive economy to one that is environmentally friendly, inclusive, and fair in terms of the planet. This transition is essential to lessen the impacts of climate change and address social inequalities while encouraging sustainable economic development. 

Navigating a Just Transition: What does it mean for Charities and Social Enterprises?

Blog
In an era of growing environmental and social consciousness, the concept of a "just transition" has gained significant attention, particularly for those organisations leading the way in social responsibility, like charities and social enterprises.

Egni Co-op

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Photo of school children with solar panels

Egni Co-operative was established in 2013 and provides rooftop solar on schools, businesses and community buildings. It has installed solar panels on almost 100 sites across Wales.

Duration
20 Years
Cost of capital
4%
Turnover
£460,000
Amount invested
£5m
Product type
Community shares

Wolverton Community Energy

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Wolverton Communtiy Energy - outside of a building with solar panels on

Wolverton Community Energy are based in Milton Keynes. They develop and manage community-owned solar PV and supply greener, cheaper solar energy to local businesses, the majority of which are charities and social enterprises. In addition, they run projects which help to improve energy efficiency within their community. This includes the Home Energy MK programme, supporting homeowners wishing to stop heat loss from their homes and cut energy costs.

Duration
14 years
Cost of capital
5-6%
Turnover
£55,000
Investor Details
Big Issue Invest
Amount invested
£257,000
Product type
Blended – part grant, part loan