Renewable energy company Thrive Renewables has been awarded the Good Egg mark from Good With Money for the eighth year running.
Thrive Renewables invests in, develops, constructs and operates small to medium scale renewable energy projects, then offers accessible opportunities to directly invest in these clean energy projects and in Thrive itself.
The company has more than 6,300 UK investors and to date has generated more than 2.2 million MWh of clean energy. It was first awarded a Good Egg in September 2017 for its renewable generation capacity and contribution to reducing demand for fossil fuels, as well as its community engagement.
Since then it has gained B Corp status and been awarded ‘Best for the World – Environment’, putting it in the top three per cent of all UK B Corps.
The Good Egg mark: why it matters
Matthew Clayton, Managing Director at Thrive Renewables plc, said: “We are feeling very honoured to once again be awarded ‘Good Egg’ status for the eighth year running. We’re celebrating our thirtieth birthday this year, kicking off with a community open day and school visits to our largest wind farm, near Lancaster.
“With ambitious plans to double our clean energy capacity within five years, we’re excited to be developing new onshore wind projects, rolling out more rooftop solar projects and looking forward to the UK’s first deep geothermal electricity generation coming on stream later in 2025.”
The Good Egg mark is awarded to financial providers that measure up against a range of strict environmental, social and industry impact factors, taking into account the size and history of the firm and its performance.
Thrive Renewables has been successfully re-assessed by Ethical Screening, the ethical research specialist, on behalf of Good With Money. It is particularly commended for its environmental impact, which is given a rating of ‘High’. All of Thrive’s investments are in renewable energy projects (wind, solar, hydro and battery storage), reducing demand for fossil fuels and associated pollution, and therefore helping to tackle the climate crisis.
The company has built or funded 39 renewable energy projects in total in the UK, and currently has £129 million assets under management.
Other Good Egg companies include sustainable bank Triodos, online pensions provider PensionBee, ethical mortgage and savings specialists Ecology Building Society, and financial planners EQ Investors, Bluesphere Wealth, Switchfoot Wealth and Path Financial.
