Blackbird’s environmental credentials boosted by London Stock Exchange

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Blackbird PLC‘s (LON:BIRD) Environmental, Social, and Governance (ESG) credentials have been boosted with the receipt of the London Stock Exchange’s Green Economy Mark.


The classification, created in 2019, highlights companies and investment funds listed on all segments of London Stock Exchange’s Main Market and AIM that are driving the global green economy, the company said.


To qualify, companies must generate 50% or more of their total annual revenues from products and services that contribute to the global green economy.


“Sustainability and efficiency are among the values that run through every aspect of our software development,” said chief executive Ian McDonough. “The mark further supports Blackbird, following the release of our recent sustainability report, in communicating our green credentials to investors and other stakeholders, highlighting our efforts to support the transition to a low or net zero economy.”


Blackbird highlighted that its patented, cloud native video-editing solution allows companies to edit and publish content faster in the cloud whilst removing the need for extra storage and processing capacity.


Also, its architecture minimises the transport of high-resolution video hence dramatically reducing power and bandwidth requirements in data centres. It also enables remote working which saves the transportation of editors, crews and equipment, reducing companies’ carbon footprint.

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