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Ilika plc

Ilika awarded the Green Economy Classification and Mark

Ilika (LON:IKA), a pioneer in solid-state battery technology, announced it has been awarded the Green Economy Classification and Mark, a new initiative launched by the London Stock Exchange Group identifying London-listed companies and funds that generate over 50% of total annual revenues that contribute to the global green economy.

Ilika’s CEO Graeme Purdy said: “We are proud that Ilika has been awarded the Green Economy Mark by The London Stock Exchange recognising 74 companies that are contributing to a greener economy. It is fantastic to be acknowledged in this way as investors recognise the need for innovation to deliver a sustainable future.”

The creation of this Green Economy Mark allows greater visibility for investors that are interested in Green Economy activities and recognises those companies that are contributing to a greener more sustainable economy. The LSE is the first exchange in the world to introduce such a certification.

The initiative launched on Friday 11 October 2019, at the ‘Sustainable Finance and Investment Summit’ hosted at the London Stock Exchange, with panel discussions and presentations covering topics on sustainable economic growth creation and the future of regulation driven by climate investment risks.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.