Quilter, a financial services company, has set ambitious net-zero targets to reduce its greenhouse gas (GHG) emissions. The company aims to achieve a state of net-zero, where the GHG emissions going into the atmosphere are balanced by removal out of the atmosphere. Quilter has a target to reduce these emissions by 80% by 2030, from a 2020 baseline.

In terms of carbon emissions trends, Quilter has made significant progress in reducing its emissions. In 2022, the company's scope 1 and scope 2 emissions were 46% lower than its 2020 baseline. This reduction was achieved through various measures, including the replacement of air conditioning units in its largest office. Quilter has also taken steps to assess the greenhouse gas emissions associated with its wider value chain and has worked towards increasing the proportion of suppliers committed to setting targets aligned with the Science Based Targets initiative.

To further reduce its emissions, Quilter has implemented investment strategies that prioritize maintaining a lower carbon footprint. The company has launched portfolios with investment objectives to exclude fossil fuels and invest in sustainable thematic assets. Additionally, Quilter has introduced a discretionary portfolio service strategy that excludes fossil fuels. These initiatives demonstrate the company's commitment to reducing its carbon emissions and transitioning to a more sustainable business model.

Quilter closely monitors its emissions profile in line with the Greenhouse Gas Reporting Protocol. The company recognizes the importance of a swift and just global transition to a net-zero economy to mitigate the impacts of climate change. Quilter acknowledges the scientific consensus that human activities, such as the burning of fossil fuels and deforestation, are contributing to climate change.

In conclusion, Quilter is actively working towards achieving its net-zero targets and reducing its carbon emissions. The company has made significant progress in lowering its scope 1 and scope 2 emissions and has implemented investment strategies that prioritize sustainability. Quilter's commitment to monitoring its emissions profile and supporting a global transition to a net-zero economy reflects its dedication to addressing climate change and its impact on the environment.

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.