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Achieving Net Zero

Net Zero means achieving balance between the carbon emitted into the atmosphere by human activities, and the carbon removed from it.

Reaching Net Zero is an ambitious goal, but our ambition to be a global leader in sustainability remains unchanged. We are committed to supporting our clients in the transition to a low-carbon world, leading by example in our own operations, and sharing our lessons learned along the way with the rest of the world.

Decarbonization

Aim of decarbonizing investment portfolio consistent with achieving the global Net Zero goal by 2050 and including portfolio target and science-based Net Zero pathway¹.

Climate solutions

Investing in climate solutions that help enable Net Zero global Greenhouse gases (GHG) emissions by 2050.

Real economy contribution?

An engagement activity targeting relevant?companies, partners, managers, borrowers,?tenants and vendors not meeting or?aligned with Net Zero to direct or collective?engagement and stewardship actions.

Offsets

Used where enabling or supporting long-term carbon removal, and where there?are no technologically and/or financially?viable alternatives to eliminate?emissions.?

Annual disclosure

?Monitoring and reporting?progress annually for absolute?emissions reduction and progress?towards an absolute or intensity?target at portfolio level.

Source: �۶��Ƶ Asset Management.?

Note: 1) The Science Based Targets initiative (SBTi) drives ambitious climate action by enabling organizations to set science-based emissions reduction targets.?

Disclaimer: Commitments are made in the expectation that governments will follow through on their own commitments to ensure the objectives of the Paris Agreement are met, including increasing the ambition of their Nationally Determined Contributions, and in the context of our legal duties to clients and unless otherwise prohibited by applicable?law (The Net Zero Asset Managers Initiative �C NZAMI).

Transitioning to Net Zero is a huge endeavor that requires action on many fronts: watch �۶��Ƶ Asset Management professionals discuss the issues in our Progress to Net Zero video.