– Reduce scope 1 and 2 operations emissions by 90% by 2030 from a 2019 baseline. – 8% reduction in operational carbon emissions year on year to 2030 – Switch car fleet to 100% electric vehicles Group-wide by 2025 via EV100 Purchasing 100% electricity from renewable sources Group-wide by 2025 via RE100 – Further investment of £10bn of assets from its auto enrolment default funds and other policyholder funds into low carbon strategies by 2022, £6bn in green assets by 2025 (including £1.5bn of policyholder monies into climate transition funds), £2.5bn in low carbon and renewable energy infrastructure and deliver £1bn of carbon transition loans by 2025 – By the end of 2022 it will divest from all companies which make more than 5% of their revenue from coal unless they have signed up to the Science Based Targets initiative. – Starting from 2025, we’ll perform a full calculation of our emissions baseline for our claims management and set absolute reduction targets to ensure we reach Net Zero by 2030.
This profile was created using publicly available information. Contact email@example.com
to complete this profile if you are an employee of this organization.