Energy Security

This describes access to reliable and affordable sources of energy. For many social enterprises and charities, various global contexts have caused difficulties for energy supply, pushing up prices and making it difficult for organisations to continue to operate sustainably. In addition, many beneficiaries of social enterprises and charities are deemed to be in fuel poverty, meaning the demand for services is ever-increasing. 

Climate Justice

This term recognises that although global warming is a crisis affecting us all, the effects are not felt evenly around the world, resulting in inequitable outcomes for some communities. The concept refers to this ethical challenge and how we can continue to protect the planet in a way that creates a fairer more just and equal world in the process. 

Green Economy

A Green Economy is an economic model. It’s usually described as low-carbon, resource-efficient and socially inclusive, whereby growth is determined by public and private investment into ‘green’ infrastructure, reducing our emissions and building our capacity to adapt to climate change.  

Energy Resilience

The term ‘Resilience’ refers to the ability to withstand or recover quickly from difficulties. In the context of energy and social enterprises and charities, we refer to ‘Energy Resilience’ as having the knowledge, tools and assets required to be sustainable through the ongoing energy bills crisis. 

Carbon Neutral

Being ‘Carbon Neutral’ means taking active steps to remove the same amount of CO2 to what’s emitted through trading activities and supply chains, by investing in measures that absorb CO2. These measures are often referred to as ‘Carbon Sinks’ and examples include forests and oceans.  

Net Zero

Net Zero refers to the state in which the amount of greenhouse gas that’s produced is balanced by the amount that’s removed from the atmosphere. It’s achieved through various reduction and removal efforts. 

Just Transition

This term refers to an equitable and sustainable shift from a carbon-intensive economy to one that is environmentally friendly, inclusive, and fair in terms of the planet. This transition is essential to lessen the impacts of climate change and address social inequalities while encouraging sustainable economic development. 

Navigating a Just Transition: What does it mean for Charities and Social Enterprises?

Blog
In an era of growing environmental and social consciousness, the concept of a "just transition" has gained significant attention, particularly for those organisations leading the way in social responsibility, like charities and social enterprises.

Egni Co-op

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Photo of school children with solar panels

Egni Co-operative was established in 2013 and provides rooftop solar on schools, businesses and community buildings. It has installed solar panels on almost 100 sites across Wales.

Duration
20 Years
Cost of capital
4%
Turnover
£460,000
Amount invested
£5m
Product type
Community shares