Performance, Planet, People
Beyond the core objective of accelerating the transition to net zero, ORIT seeks to generate additional impact through Performance, Planet and People impact initiatives
Performance
Delivering investment performance is fundamental to the Impact Strategy and to being an Impact Fund. ORIT builds and operates a diversified portfolio of Renewable Energy Assets, mitigating the risk of losses through robust governance structures, rigorous due diligence, risk analysis and asset optimisation activities to deliver investment return resilience and the maximum amount of green energy.
1,402 GWh
Potential annual renewable electricity generation (31/03/2025)
The Board views the Impact Strategy as integral to the delivery of the core investment objective, and not as a cost to the Company. ESG processes and policies are a prudent risk management tool that improve the financial performance of the Company while reducing risks. The ultimate aim is to increase capacity to produce green power and maximise the green electrons produced by the operational portfolio.
Examples of Initiatives:
Performance
- The Investment Manager successfully renegotiated contract terms for one of ORIT’s French assets, securing an improved indexation rate for the full contract term.
- ORIT has deployed advanced secondary monitoring systems across its Finnish assets to strengthen performance tracking, fault detection and operational oversight.
Planet
ORIT recognises the fundamental role that renewable energy plays in meeting net zero emissions targets, with an inherently positive impact on the environment. ORIT considers environmental factors to mitigate risks associated with the construction and operation of assets, enhancing environmental potential where possible.
386k
Estimated annual equivalent tonnes of carbon that will be avoided (31/03/2025)
Examples of Initiatives:
Planet
- ORIT's asset managers participate ORIT is participating in an agrivoltaics research project studying the benefits of sheep grazing on solar farms. Initial observations indicate greener forage under panels, lambs preferring panel-shaded grass, and potential improvements in animal health and pasture resilience.
ORIT is providing access to Energy Sparks’ energy management platform for 20 schools this academic year, supporting over 9,600 pupils and staff to reduce energy use and drive progress towards net zero.
People
Investing in renewable energy has natural positive impacts on people (particularly for health) and for the wider society by benefiting the economy. ORIT evaluates social considerations to mitigate risks and promote a 'Just Transition' to clean energy.
13,000+
Direct beneficiaries from social initiatives in 2023 (31/03/2024 - latest available)
Examples of Initiatives:
People
- ORIT supported the EcoCode: Coding for Climate Action and Sustainable Computing initiative, contributing to a wider programme delivering coding and sustainability workshops across schools and community groups.
- ORIT partnered with CREATE to deliver eight environmental-themed art workshops at two SEND schools near its BESS asset, to promote environmental awareness and inclusive learning.
Some social factors that ORIT and the Investment Manager consider to be the most important during due diligence and ongoing monitoring of assets include:
