Schroders Greencoat
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.
95% of total AUM
initially committed to be managed in line with net zero
USD $11.9 billion
currently committed to be managed in line with net zero
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
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.
Target(s):
Portfolio decarbonisation reference target
50% reduction in scope 1 and 2 emissions intensity by 2030.
Methodology:
Net Zero Investment Framework
Additional information
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.