Addressing climate change is one of the most complex challenges we have ever faced. As investors, we all have a role to play achieving net zero, but the path is not simple or straightforward.
This year, as part of the Net Zero Asset Managers Initiative (NZAMI): initial target disclosure report, Royal London Asset Management (RLAM) has initially committed 71% of our total assets under management to be managed in line with net zero. To this end, we have established and are applying a net zero engagement framework. As an initial step, by 2030 we are targeting a 50% reduction of tonnes of carbon dioxide emitted per million dollars invested (tCO2e/$mn) from a 2020 baseline.
The views expressed are those of RLAM at the date of publication unless otherwise indicated, which are subject to change, and is not investment advice.