Climate change has deep ramifications for human and ecological wellbeing, and the material effects of our changing environment are becoming ever more present in capital markets.
To help us stay ahead of the curve in 2020, we published our new Climate Change Policy, which made us one of the first asset managers to commit to net zero emissions by 2050. Our policy brings together climate-friendly policies in areas from green bonds to coal exemptions and active ownership and sets out short and medium term goals to align our portfolios with the Paris Agreement goals, Dutch Climate Agreement, and the EU’s net zero ambitions.
Our long-term commitment is clear; to be a net zero investor by 2050. But what are the incremental steps to get there? How do we implement our climate policy?