We’ve been investing in green bonds – funding environmental and climate-positive projects like railways and wind farms – since 2017. We believe that responsible and sustainable investment is central to getting good investment returns over the long term.
As a result of our 2023 investment review, we’re committed to increasing our investment in companies that have stronger sustainability characteristics and lower carbon footprints, as well as achieving good standards on:
- environmental factors such as carbon emissions and water management
- social factors such as employee and local community relations, and
- governance factors such as board diversity and remuneration.
We’ve committed our investment portfolios to net zero greenhouse gas emissions by 2050, with a 50% emissions reduction target by 2030, based on 2019 levels. This informs our investment decisions.
You can find out more about this on our responsible and sustainable investment page.