We have made significant progress to date and remain committed to being a net zero business by 2050. 

  • We’ve achieved our 2025 targets: 
    • 58% reduction in emissions from our listed equity and credit portfolio versus our 25% target
    • 81% reduction in Scope 1 and 2 operational emissions versus our 60% target, well ahead of a net zero trajectory 

And we remain committed to our 2030 and 2050 net zero targets: 

  • 2030:  
    • 50% reduction in carbon intensity of our investment portfolio1 and our supplier base2  
    • 90% reduction in Scope 1 and Scope 2 operational emissions 
  • 2050: Net zero across our investments, operations and supply chain 

1EVIC intensity metric. Relative to 2019 baseline, where we exercise influence and control. Assets in scope include: Listed and private equity, credit assets and directly held real estate.  

2Location-based intensity measure, relative to 2022 baseline. 

Investing for the future

Decarbonise our investment portfolio and evolve our approach to nature impacts and dependencies; carry out effective stewardship of our assets; and invest in climate and nature solutions. 

Engaging to multiply our impact 

Work with industry and government to drive wider system change and engage with customers and colleagues on climate and nature action.

Leading by example 

Reduce our direct emissions and nature impacts and dependencies; and reduce our wider climate and nature impacts by working collaboratively with suppliers. 

Discover more

  • People: Better journeys

    We want to be the business that people trust to guide their retirement journey.

  • Our journey to net zero

    We’re on a journey to net zero by 2050 and have started taking actions to achieve this.

  • Responsible Investments

    We are committed to embedding responsible and sustainable business practices.