Schroders is proud to officially unveil its extensive solar farm installation at its Horsham campus, marking a significant milestone in the Group’s sustainability journey.
The farm encompasses 2,606 solar panels which will generate 1.13MWh/year of electricity – the equivalent to approximately 25% of the site's annual electricity consumption. Furthermore, 58 electric vehicle charging stations have been installed to support employees in the transition to hybrid and electric vehicles. It was formally launched by Dame Elizabeth Corley, Chair, of the Schroders Group.
The solar farm meets strict sustainability metrics for its design, construction, and operation. The project achieved a recycling rate of over 90% as well as zero waste to landfill. In addition, the project is expected to produce a net gain of 12.8% in terms of biodiversity through initiatives such as installing bat and bird boxes and creating habitat piles.
As one of the first 20 financial institutions to have its climate targets validated by the Science Based Targets initiative, Schroders has set ambitious goals to meet these targets and the solar project aligns with these objectives and wider climate commitments. This includes reducing Schroders Group’s Scope 1 and 2 emissions by 46% by 2030 (from a 2019 base year) and sourcing 100% renewable electricity by 2025. Schroders is currently on track to meet these targets with the Horsham project forming a key component of that progress.
Dame Elizabeth Corley, Chair, Schroders Group, said:
"The Horsham solar project offers us a tangible picture of our commitment to reducing our environmental impact and our belief in being a catalyst for change. Through initiatives like this, we are actively working towards a net-zero, nature-positive operating model. I am incredibly proud of what we have achieved, and I look forward to witnessing our continued impact.”
Situated near a biodiversity-sensitive area, the Horsham campus has been conscious of fostering a culture of sustainability among its 600 staff. This has involved collaborating with employees as well as valued charity partner, Horsham Matters, to encourage staff to become active participants in Schroders’ green initiatives.
For further information, please contact:
Andy Pearce, Head of Media Relations | +44 20 7658 2203 | |
Kirsty Preston, PR Executive | +44 20 7658 1961 |
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Schroders plc
Schroders is a global investment management firm with £750.6 billion (€866.2 billion; $956.9 billion) assets under management, as at 31 December 2023. Schroders continues to deliver strong financial results in ever challenging market conditions, with a market capitalisation of circa £7 billion and over 6,400 employees across 38 locations. Established in 1804, the founding family remains a core shareholder, holding approximately 44% of Schroders’ shares.
Schroders has benefited from a diverse business model by geography, asset class and client type. It offers innovative products and solutions across four core growing business areas; asset management, solutions, Schroders Capital (private markets) and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, high net worth individuals and foundations. Schroders also manages assets for end clients as part of its relationships with distributors, financial advisers and online platforms.
Schroders aims to provide excellent investment performance to clients through active management. It also channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we will deliver for our shareholders and other stakeholders.
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