Robeco selected by National Trust for climate change mitigation mandate
12 mei 2021
Robeco has been awarded a GBP 75 million (EUR 87 million) mandate by the National Trust, Europe’s largest conservation charity, to be its partner in achieving its commitment to become carbon net zero by 2030.
Advised by global investment firm Cambridge Associates, National Trust have made this appointment to reflect the goal of aligning its investment strategy with its objective to mitigate climate change and protect the natural environment. This investment also represents seed assets for Robeco’s Climate Global Credits Fund. The fund invests in a global portfolio of diversified corporate bonds with explicit climate targets that contribute to the goals of the Paris Agreement.
Robeco’s Climate Global Credits strategy – the first global fixed income strategy to be fully compliant with the EU benchmark for Paris-aligned investments – starts with a 50% lower carbon footprint than the broader corporate bond market, and aims to decarbonise by 7% per year while outperforming its newly created Paris-aligned benchmark, the Solactive Paris Aligned Global Corporate Index, which was developed jointly with Robeco. Climate change considerations are fully integrated into the investment process and portfolio construction, with engagement carried out by Robeco’s Active Ownership team also being part of the strategy.
Source: Robeco
