The new hydrogen energy economy will play a key role in the world’s transition to a sustainable energy future: driving a reduction in carbon emissions, creating jobs and opportunities for people in both developed and developing countries, and providing impact investment opportunities. A study commissioned by the Hydrogen Council estimated that the sector could provide up to 6 Gt of CO2 emissions reductions annually and create 30m sustainable jobs globally by 2050 (McKinsey, 2017).
A green hydrogen economy (hydrogen produced from renewable energy sources including wind, solar, hydropower, geothermal, etc) could indeed provide true end-to-end emission free solutions and achieve measurable decarbonisation in industrial processes (e.g. steel, chemicals, glass, food), heating (industrial, commercial and domestic), and the entire mobility spectrum (cars, buses, trucks, ships, trains and even planes).
We intend to provide our investors with Annual Impact Reports to measure the sustainability of their investments and their impact using, for example, Impact Investment and Investment Reporting (IRIS) performance metrics or independent third party consultants who adhere to market best practice.