Inspired Regulatory News (INSE)

23 November 2020

Inspired Energy plc

("Inspired Energy" or the "Group")

Inspired Energy receives London Stock Exchange's Green Economy Mark

Inspired Energy (AIM: INSE), the leading consultant for energy procurement, utility cost optimisation and legislative compliance in the UK and Ireland, is delighted to announce it has received London Stock Exchange's Green Economy Mark in recognition of its environmental and strategic advice, service and support to customers.

The Green Economy Mark allows greater visibility for investors interested in green economy activities and recognises those companies that are contributing to a greener and more sustainable economy. London Stock Exchange is the first exchange in the world to introduce such a classification; the Mark is given to London-listed companies which derive more than 50% of revenues from goods and services contributing to the green economy.

Commenting on the award, Mark Dickinson, CEO of Inspired, said: "We are delighted to have received London Stock Exchange's Green Economy Mark in recognition of the high proportion of green revenue the Group generates in relation to our services to customers. As ESG becomes more central to investment decisions for every business, energy is one of the highest cost components in the ESG wheel and one of the most data intensive elements of the Climate change segment. As an ESG solutions provider it is important that we continue to lead by example in regard to best practice and reporting in order to remain at the forefront of energy and sustainability solutions in a Net Zero Carbon future."

Denzil Jenkins, Interim CEO, London Stock Exchange plc added: "Congratulations to Inspired Energy plc on receiving the Green Economy Mark. There is growing investor demand for actionable climate and environment-related financial information, with global asset allocations to green and sustainable finance increasing each year. The Green Economy Mark underlines London Stock Exchange's commitment supporting issuers and investors in the transition to a greener economy."

Inspired Energy plc is the leading consultant for energy procurement, utility cost optimisation and legislative compliance in the UK and Ireland. Inspired Energy provides services to over 2,400 UK corporate business consumers, which represent c.6.7% of the UK's expenditure on electricity and over 400 in the ROI.

Inspired Energy is ranked as the UK's number one advisor in the most recent independent Cornwall Insight Report, which was achieved by addressing client needs and using that insight to shape the business strategy in addition to the acquisition and investment activity.

The Company provides expert assurance and optimisation services to Corporate Energy Consumers to help them manage energy costs effectively and deliver their Net Zero Carbon and ESG objectives.

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