We have been an early and significant adopter of a policy of fossil fuel divestment in a sophisticated and diversified portfolio. We also aim to go beyond exclusion and to invest proactively in strategies which support the possibility of a lower carbon future whilst not compromising investment returns.
This ongoing work is considering innovative low-carbon, resource efficiency and sustainable investment strategies across asset classes.
Notably, we have been instrumental working with managers to create new products here. Backing new behaviours and products early can catalytic for responsible investment generally - for example having acted as the founding client for Acadian’s new fossil fuel approach to emerging market equities, at the time of writing the strategy has attracted assets multiple times our original investment.