EQTEC PLC sets out three year plan for ESG priorities

EQTEC PLC (AIM:EQT) has published its Environmental, Social and Governance (ESG) Statement of Intent with four strategic priorities outlined in a three-year business strategy.

In 2022, the goals in the four areas are:

• Carbon engineering – to develop and take to market a new syngas-to-chemicals solution.;
• Clean World – to set out how it will achieve a Net Zero target;
• Sustainable communities -to integrate ESG considerations into the comprehensive partner qualification
• Commercial responsibility – to build commercial responsibility through long-term incentives to permanent staff and share-based payments to contractors.

Ian Pearson, non-executive chairman of the waste-to-energy group, said: “EQTEC has long prioritised sustainable growth in its business strategy.

“The ESG Statement enriches our strategy by setting ambitious goals for the Group and its partners, suppliers and employees.

“It also makes the Company and its leadership accountable for driving progress and communicating it to our stakeholders.

“EQTEC is positioned to be a leading contributor to building the world’s capability to deliver Net Zero by 2050; today’s announcement outlines how the Group will make good on that role.”