We're responsible for managing over £150 billion as at June 2022 of our customer's money. We believe we can make a significant difference on our customers' behalf by actively engaging with particular businesses and projects we invest in to influence positive ESG outcomes, while also delivering investment returns.
Our research shows that customers care about climate change and we believe that the best outcome for our customers is that, collectively, we achieve the goals of the Paris Agreement and this informs our strategic goals. This is why we've committed to aligning our investments to net zero* by 2050.
We are signatories of:
*Net zero is the balance between the carbon emitted into the atmosphere and the carbon removed from it.
Rising to the challenges
We believe that companies that provide solutions to the challenges humanity faces do better than companies that cause problems.
We’re building on our responsible investment approach to develop more solutions so your employees can invest in the low carbon transition.
Engaging for positive change
We work actively with the companies that we invest in to influence their plans to reduce their carbon emissions and transition to a sustainable world in a way that considers the impact on society. And from 2025 we’ll begin divesting from companies who are unwilling and unable to transition.
Committed to net zero
We’ve committed to achieving a minimum 50% reduction in CO2 emissions by 2030 and net zero by 2050 across our investments. We believe these changes will result in a significant reduction in the carbon intensity of our investments without significantly impacting risk or returns. Please refer to footnote 1.
It’s important to remember that investment returns are never guaranteed. So while there’s a chance your employees’ savings could grow, their value can also go down. This means they could get back less than they put in.