Robeco announces ambition to reach net-zero emissions with its investments by 2050
4 december 2020
Robeco announces that it has the ambition to achieve net-zero greenhouse gas (GHG) emissions by 2050 across all its assets under management.
The ambition to achieve net-zero GHG emissions follows a series of actions that Robeco announced earlier in its efforts to lower the carbon footprint of its investments. In September, Robeco announced it would expand the scope of its fossil fuel exclusion policy to all funds, and earlier this year it hired a climate strategist and a climate data scientist. Robeco has also launched investment strategies to contribute to this ambition, such as a global green bond strategy. Furthermore, it will continue to focus heavily on engagement to combat climate change with its active ownership efforts towards companies that are falling behind in the transition.
Robeco will develop a roadmap and set interim targets to meet this ambition, in line with global efforts to limit global warming to 1.5°C. The targets will include reduction of portfolio emissions, but also investment in climate solutions such as green bonds and engagement with investee companies to drive emission reductions in the real economy and create real world impact. Robeco will also work together with and advise its clients on decarbonization goals that are in line with the ambition it has set for itself.
Source: Robeco
