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Property net zero carbon pathway

At Royal London Asset Management we have committed to achieve net zero carbon by 2030 for our directly managed property assets and developments and 2040 for our indirectly managed property assets*.

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Net zero carbon for directly managed property assets and developments by 2030*

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Net zero carbon for indirectly managed property assets and developments by 2040*

In setting these targets, we are responding to the demand we see from policymakers, investors and tenants to reimagine the future of the built environment as one that is positive for people and the planet.

Read our Net Zero Carbon Pathway Progress Report

Royal London Asset Management aims to achieve net zero carbon in advance of the deadline set through the Paris Climate Agreement. We are signatories of the Better Buildings Partnership’s Climate Commitment, an industry pledge to deliver net zero buildings by 2050, and are also members of the Net Zero Asset Managers Initiative, which is part of the United Nations-backed Race to Zero campaign.

In order to achieve this ambitious approach, we undertook to:

Evaluate the carbon in our portfolio
Project our emissions out to our target years
Identify target interventions

Net Zero Carbon Pathway Progress Report

We have continued to focus our efforts on decarbonising our properties through implementing new energy efficiency programmes, investigating in innovative technologies and increasing data coverage. Being a responsible investor remains critical to our decision-making process, ensuring compliance with emerging regulation and reporting frameworks, whilst delivering positive outcomes to our stakeholders on our journey to net zero carbon.

Read our Net Zero Carbon Pathway Progress Report

Our pathway to net zero carbon

Royal London Asset Management has committed to achieving net zero carbon:

  • By 2030 for directly managed assets and developments*
  • By 2040 for indirectly managed assets*

To achieve these targets, our pathway to net zero carbon follows seven key steps.

Our seven steps

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Read our Net Zero Carbon Pathway Progress Report

*Directly managed property assets are those which Royal London Asset Management has complete operational control, greater than 50% equity share and joint ventures where they would cover the proportionate amount of emissions. Developments are any new development or major refurbishment that comes online from 2030 onwards.

Indirectly managed property assets are either partially managed by Royal London Asset Management or managed wholly by the occupier.