Taaleri Plc
Taaleri is a Nordic investment and asset manager with an emphasis on renewable energy and other alternative investments. Taaleri joined the Net Zero Asset Managers Initiative in November 2021 and made its Initial Target Disclosure in November 2022.
100% of total AUM
initially committed to be managed in line with net zero
USD $2.4123 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):
Estimated baseline for performance: Renewable energy funds on average 6.6 kg of CO2e / MWh
Bioindustry portfolio 0%, Non-strategic PE funds 0%
Target(s):
Taaleri Energia portfolio 3.3 kg of CO2e/MWh by 2030.
Bioindustry portfolio 100%, Non-strategic PE funds 100% by 2030.
GHG scopes included:
We use the instructions of GHG protocol for defining scope 1, 2 and 3 emissions of our assets. Scope 1 covers emissions from company-owned and controlled resources, e.g. stationary and mobile combustion emissions, as well as fugitive and process emissions. Scope 2 covers indirect owned emissions from consumption of purchased electricity, heat and cooling. As our AUM consists of different economic activities the scope 3 emissions’ definitions vary according to the upstream and downstream emissions of each value chain. These consist of e.g. emissions from purchased goods and services (production & non-production related); transportation and distribution; business travel and commuting, waste generated and disposed; capital goods and investments; end of life treatment and use of sold products.
Methodology:
Science Based Target initiative for Financial Institutions
Scenario(s):
Targets will be set according to SBTi’s 1.5ºC-aligned pathways.
Additional information
Policy on coal and other fossil fuel investments:
No. Taaleri does not invest in fossil fuels. Taaleri will include a policy regarding investments in the fossil fuel sector in its sustainable investment policy during 2022.