Evli Plc
Evli is a Nordic fund house and asset manager offering a broad range of services. We see wealth as an engine to drive sustainable progress. We help institutions, corporations and private persons grow their wealth responsibly, based on our heritage, broad expertise, and Nordic values. Evli Plc joined the Net Zero Asset Managers Initiative in June 2022 and made its Initial Target Disclosure in June 2023.
Percentage of assets covered by the Net Zero Asset Managers Commitment Statement
60% of total AUM (USD $8.8 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
Sub-portfolio target
Weighted Average Carbon Intensity 241.8 t CO2e/$M Sales
Engagement targets
No baseline performance as we will engage with top 20 emitters not having committed or approved SBTi target and not net zero aligned following Net Zero Investment Framework methodology regardless of historical engagement activities.
Portfolio coverage target
Aligning 42%
Target(s):
Engagement targets
Top 20 emitters not having committed or approved SBTi target and not net zero aligned following Net Zero Investment Framework methodology.
Portfolio coverage target
55% of AUM in material sectors is considered net zero, aligned, or aligning by 31.12.2027
Portfolio coverage target
65% of AUM in material sectors is considered net zero, aligned, or aligning by 31.12.2030
Sub-portfolio target
-50 %
GHG scopes included:
Scope 1&2, Scope 3 will be followed
Methodology:
Net Zero Asset Owner Alliance Target Setting Protocol
Net Zero Investment Framework
Scenario(s):
IPCC special report on global warming of 1.5°C trajectory with no or limited overshoot
Additional information
Proportion of AUM committed:
The initial target covers equity and corporate bond funds under Evli’s management, while those asset classes have at the moment most sufficient data and methodology. The work related to other asset classes and discretionary client mandates is also in progress as the goal is to increase the coverage of targets over time.
Policy on coal and other fossil fuel investments:
Link to Evli’s Climate Change Principles
The policy applies to all Evli’s direct equity and corporate bond investment and Evli’s alternative investments also aim to comply with the same exclusion criteria taking into account asset class specific differences.
Further information:
Link to Evli’s Climate Targets