The Trustees of Transport for London pension fund have today announced their ambitious Net Zero Plan which would see the Fund achieve a 55% reduction in its carbon emissions by 2030 at the latest and a 100% reduction no later than 2045 vs the 2016 baseline.
This net zero carbon strategy is without doubt the single most important development in the Fund’s sustainability agenda to date.
The introduction of the Net Zero Plan directly builds on existing actions and plays an important role in driving the long-term value of the Fund’s investment portfolio. The plan is comprehensive and industry leading encompassing all of the Fund’s assets.
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