Our focus and targets

At Arenko we are strongly committed to our mission of building a sustainable future by enabling a zero-carbon grid worldwide. Energy storage has a crucial role to play in the energy transition, and our technology enables the transformation of energy systems.

Enabling net zero

We commit to becoming a carbon neutral company in scopes 1, 2 and 3 by 2023 in order to tackle climate change.

We commit to helping our customers accelerate the transition to net zero. We will do this by continuing to grow our sustainable business model through scaling our technology, which helps boost performance of zero carbon energy assets.

Target: Arenko to be carbon neutral by 2023

Empowering people

We commit to becoming a business that is more diverse and inclusive. We will enhance our diversity through continuously expanding our search for new talent and working hard to retain them.

We also provide the opportunity for our people to unlock their full potential through supportive career progression, physical and mental health support and internal development programmes.

Target: Achieve 60% on our Diversity Index across all levels and countries in our business by 2025

Delivering transformative technology

We commit to continuing to increase the level of automation of our customers’ energy assets by continually developing our products.

We commit to providing a secure service whilst lowering the overall cost per action of operating growing asset portfolios, while increasing revenue performance through trading optimisation across multiple markets.

Target: Arenko to spend 20% of profit on research & development (R&D) annually

Read Arenko's full sustainability strategy

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Our delivery model

We’ve developed an action plan with key milestones to help us deliver on our promises

Scale

Service 40GW of assets under management by 2025

Carbon

Define and measure our avoided emissions by 2023.

Diversity

Define and set a baseline of Arenko’s socio-economic diversity by 2023

Well-being

Offer 100% of our people physical health and well-being benefits by 2023

Mental health

Achieve 80% on our workforce mental health scorecard by 2023

Skills

Dedicate 10 days per team member on training & development annually

Retention

Achieve 85% retention rate in the first 2 years of employment annually.

Affordability

Attain top 5 ranking (£/MWh) for UK assets by 2025

Security

Achieve 99.9% rolling security and availability on an annual basis

Automation

Reduce administrative burden by eliminating 50% of trading interventions year on year

Coverage

Enable 100% of the ‘highest earning revenue stack’ in active territories by 2025

Consumer

Reach 80% customer satisfaction by 2025.