Climate change as a key issue
In June 2021, we announced our commitment to achieve net zero across our investment portfolio by 2050 and to halve emissions from it by 2030. Our climate commitments are based on the expectation that governments and policymakers will deliver on their commitments to achieve the goals of the Paris Agreement and that the required actions don't go against our legal and regulatory obligations to our members, customers and clients.
Fossil fuels - like coal, oil and natural gas - release large amounts of greenhouse gases when produced and burned. You can learn more about our investment approach to fossil fuels in our Fossil Fuel Investments Position (PDF).