Schroders unveils carbon neutral commitment

Schroders is today announcing it is committed to running its global operations on a carbon-neutral basis as of 1 January.

This commitment will be achieved through a combination of initiatives designed to reduce Schroders’ gross emissions, as well as a carbon offsetting programme.

In 2015, global leaders agreed in Paris to an international target to limit global warming to below 2°C.

Schroders Group Chief Executive, Peter Harrison, commented:

“Schroders intends to align its business with the 2015 Paris Agreement. We believe that this is the right thing to do as a sustainable-focused business intent on delivering long-term financial performance to clients and shareholders.”

Schroders’ Climate Progress Dashboard – which identifies the progress governments and industries are making towards this temperature rise target – currently shows that the long-run temperature rise globally stands at 3.8°C.

Last month, Schroders announced that its corporate revolving credit facility has been converted into an environmental, social and corporate governance-linked facility, an innovative move which underlines the firm’s commitment to sustainability from a corporate, as well as investment, perspective.

Schroders’ commitment to responsible investing has also been recognised with the highest accolade for the fifth consecutive year.

The Principles for Responsible Investment (PRI), an influential United Nations-backed global investor initiative, awarded Schroders with an A+ rating for its overall strategy and governance in relation to sustainable investment. Just 25% of investment managers globally were awarded the A+ rating.

For further information, please contact:

Estelle Bibby, Head of Media Relations +44 20 7658 3431/Estelle.Bibby@Schroders.com

Andy Pearce, PR Manager  +44 20 7658 2203/Andy.Pearce@Schroders.com

Melanie Sabol, PR Manager  +44 20 7658 7480/Melanie.Sabol@Schroders.com

Nicole Carey, PR Executive  +44 20 7658 4466/Nicole.Carey@Schroders.com

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