Today, April 22, is Earth Day. The first Earth Day in 1970, activated 20 million Americans from all walks of life and is widely credited with launching the modern environmental movement. The passage of the landmark Clean Air Act, Clean Water Act, Endangered Species Act and many other ground-breaking environmental laws soon followed.
Twenty years later, Earth Day went global, mobilizing 200 million people in more than 190 countries and lifting environmental issues onto the world stage.
At RE Royalties, we are committed to delivering key sustainability initiatives that are at the heart of our business. We take every Earth Day as an opportunity to bring together our staff, Board of Directors, clients and shareholders to deliver projects that foster environmental leadership. Earth Day is an opportunity to re-commit to our business efforts and remind ourselves why we started RE Royalties in the first place.
At RE Royalties, we are privileged to do business across the globe. RE Royalties has advanced our work in sustainability while at the same time achieving strong operating and financial performance. Strong performance, along with social responsibility and environmental stewardship, is part of being a sustainable renewable energy company.
Earth Day serves as an important reminder to bring our sustainable business goals into focus internally and externally. We will continue to work with our clients to lighten our environmental footprint globally.
We are committed to make an impact on the environment by helping those on the front lines (our clients) in reducing our global carbon footprint. We are committed to help our shareholders secure a strong financial future by creating a company that makes a positive impact, provides a strong return, stable distribution, long-term growth and capital protection.
We have built a portfolio of royalties in Canada, the United States and Europe. These long-term royalties are on over 400MW+ of solar, wind and hydro projects that are currently in operations or will be in the near-term. These projects play a significant role in combating climate change, which aligns with our company values, as it will displace over 300,000+ tonnes of carbon per year from entering the atmosphere.
Our royalty financing solution has allowed our clients to recycle their invested capital into other highly needed development projects that bring significant environmental, health and cost benefits to those less fortunate in other nations.
For instance, our royalty acquisition in Ontario has allowed our client to utilize that capital to invest in personal portable solar units in Kenya. This has brought clean, affordable electricity to 100,000 families+ in Kenya, while reducing the negative health impacts and high costs of kerosene lamps and diesel generators to those families.
The royalty financing, we completed with one of our European clients has also allowed our client to provide free solar energy to impoverished communities in Eastern Europe.
At RE Royalties, we want to highlight why Earth Day is important, although our commitment to sustainability is not limited to just this one day – it’s part of our business DNA.
Sustainability is central to RE Royalties’ business model. We believe we can create a cleaner future faster through innovative finance; this means transforming the way projects get financed and being flexible and creative in how we help solve our clients’ problems.
While much work remains to be done, RE Royalties is making progress in responding to key environmental challenges. That’s a result of the sustainability journey we embarked on when the company was founded, which commits us to continually improve our environmental, social and economic performance.
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