Investment
Nasdaq Green Equity Designation
Nasdaq Green Equity Designation
Kempower has received Green Equity Designation Renewal from Nasdaq in September 2024. Nasdaq Green Equity Designation is attainable for companies that have more than 50 percent of its turnover deriving from activities considered green. Turnover derived from fossil fuel activities must be less than 5 percent. In addition, more than 50 percent of the company’s investments must be allocated to activities considered green. A qualitative assessment of the company’s alignment with the Nasdaq Green Equity Principles is done by an approved reviewer.
The designation supports equity issuers with their green business models and strategies and enhances increased visibility and transparency toward investors looking for sustainable investments.
Kempower has had the Green Equity Designation since 2022.