Schroders Greencoat (formerly Greencoat Capital) is a specialist investment manager dedicated to renewable infrastructure. Schroders Greencoat 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
95% of total AUM (USD $11.9 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Portfolio decarbonisation reference baseline
We are currently in the process of measuring our emissions for our baseline year, 2022. Our funds in scope have measured their respective scope 1 and 2 emissions for 2021. However, we are currently in the process of aligning methodologies between funds so that we can establish a reliable baseline year, starting from 2022.
Portfolio decarbonisation reference target
50% reduction in scope 1 and 2 emissions intensity by 2030.
Net Zero Investment Framework
Proportion of AUM committed:
95% of our portfolio has measured its scope emissions, we have taken the approach to only commit AUM for which we have an understanding of scope 1 and 2 emissions.
Policy on coal and other fossil fuel investments:
Schroders Greencoat only invests in renewable energy infrastructure so we do not have any coal or fossil fuel investments in our portfolio. Due to this, we do not have a policy on coal or fossil fuel investments as it is not applicable to us.