NET ZERO ALIGNMENT
As a business, Hargreaves Lansdown is committed to being carbon neutral by 2025, and net zero across all emissions by 2050 at the latest.
By “carbon neutral”, we mean we will reduce the amount of carbon dioxide released into the atmosphere and use offsetting to balance our remaining carbon emissions. Offsetting involves activities that prevent, reduce, or remove emissions from the atmosphere. Such as planting trees.
By “net zero”, we mean that all associated greenhouse gas emissions – that goes beyond carbon dioxide – from all of our operations and supply chains will be reduced as much as possible and any residual emissions that can’t be reduced will be balanced through offsetting.
LGIM has also committed to bringing all the assets under their management to net zero by 2050 at the latest. Within the HL Growth Fund, 74% of the assets are on a decarbonisation pathway. That means they are managed to achieve a carbon footprint reduction year-on-year, until they reach net zero by 2050. Today, these investments have less than half of the carbon footprint compared to their non-ESG equivalents. So they have a greatly reduced environmental impact compared to investing without a decarbonisation strategy. The investments within the fund which are net zero aligned are: