Eden Research’s (LON: EDEN) share price is on the rise on Tuesday after the company revealed it has received the London Stock Exchange’s Green Economy Mark.
The mark recognises London listed businesses that derive over 50% of their total annual revenue from products and services contributing to the global green economy.
Eden Research’s business focuses on sustainable biopesticides and plastic-free encapsulation technology for global crop protection, animal health and consumer product industries.
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Other companies already awarded the mark include Cairn Homes, Go-Ahead Group, National Express Group, United Utilities Group and US Solar Fund.
“We continue to see a growing number of investors putting ESG and sustainability at the heart of their decision-making process. This is a significant accreditation for Eden and we are honoured to be part of this esteemed group of companies and funds,” commented Sean Smith, CEO of Eden research.
The company’s shares are trading 18.40% higher on Tuesday at 14.8p per share.