Capital + SAFI S.A.
Capital+SAFI is an asset manager based in Bolivia with the purpose of improve lives and protect the planet. Capital+ joined the Net Zero Asset Managers Initiative in December 2021 and made its Initial Target Disclosure in December 2022.
Percentage of assets covered by the Net Zero Asset Managers Commitment Statement
20% of total AUM (USD $0.09 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Temperature Rating: 3.12
Temperature Rating: 1.78
GHG scopes included:
Includes Scopes 1, 2 & 3. Nevertheless, the data quality of estimated Scope 3 emissions is currently too low, as reporting and methodologies improve, we expect data quality to advance.
Science Based Target initiative for Financial Institutions
IPCC AR5 1.5°C
Proportion of AUM committed:
The initial targets disclosed include listed corporate bonds and exchange traded funds. These assets are those for which we have robust methodologies as well as data availability. The targets do not yet cover private debt, sovereigns, and certificate of deposits. Our intention is to cover this asset classes as the methodologies are developed and there are improvements on data quality and availability. We will revise our targets at least once every five years.
Policy on coal and other fossil fuel investments:
We are analysing in greater depth our exposure on coal and fossil fuels, specifically the initiatives and advances around reducing their GHG emissions. Based on the tangible progress of these companies until 2025, a policy will be defined.