Sustainability is at the heart of Drax Group plc (the Group), and we believe that achieving a positive economic, social, and environmental impact helps us create sustainable long-term value. We are pleased to present our first EU Taxonomy Report, for the year ended 31 December 2023, reflecting a continued desire for effective and transparent reporting, we are reporting on a voluntary basis.
Our Sustainable Development Framework is designed to ensure our business model and commercial transition produces positive outcomes for climate, nature, and people. These outcomes will be evident in our value chains and the locations in which we operate.
We seek to ensure transparent, robust, and accurate external reporting and are committed to continually enhancing the transparency of this reporting. As such, this document sets out our alignment to the EU Taxonomy. This framework is designed to reduce the fragmentation in sustainable financing practices that exists throughout the EU and to prevent greenwashing in financial products.
