DIF Capital Partners
DIF Capital Partners is a leading global independent investment manager and invests in infrastructure companies and assets located primarily in Europe, the Americas, and Australia. DIF Capital Partners has a team of over 200 professionals, based in eleven offices located in Amsterdam (Schiphol), Frankfurt, Helsinki, London, Luxembourg, Madrid, New York, Paris, Santiago, Sydney, and Toronto. DIF joined the Net Zero Asset Managers Initiative in October 2021 and made its Initial Target Disclosure in November 2022.
Percentage of assets covered by the Net Zero Asset Managers Commitment Statement
100% of total AUM (USD $12.2 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
Portfolio coverage baseline
Based on our initial assessment of the portfolio, 5% of our AUM currently meets the requirement to be considered aligned to net
zero.
Target(s):
Portfolio coverage target
We aim 70% of our AUM to be net zero, aligned, or aligning to net zero by 2030
Portfolio coverage target
We have a goal to have 100% of our AUM to be aligned to net zero by 2040.
GHG scopes included:
Scope 1 and 2 emissions are covered. Furthermore we will develop and implement actions available to influence (material) scope 3 emissions and enable a sector transition to net zero, engage with stakeholders and support policy development.
Methodology:
Net Zero Investment Framework
Scenario(s):
Investments will need to set targets and/or perform in line with 1.5 degrees scenarios issued by the IPCC, SBTi and/or IEA to be classified as “Net Zero”, “Aligned to Net Zero” or “Aligning to Net Zero”
Additional information
Policy on coal and other fossil fuel investments:
DIF has not made any investments in thermal coal projects to date. For DIF funds that are currently making investments, we have an exclusion list in place that prevents us from i.a. investing in companies whose business activity is primarily in the extraction and production of fossil fuels, including coal, oil or gas. Through our net zero commitment and interim 2030 target, we have taken steps to further align our investment and asset management activities with the Paris Agreement. We do not intend to develop a coal and other fossil fuel policy in addition to the above.