Net zero portfolio emissions by 2050
Australian Ethical has set a target of net zero emissions by 2050 for our investments. We have committed to set nearer term reduction targets as part of the Science Based Targets initiative (SBTi).
We act to achieve our target in our investment, engagement, advocacy and transparency. For example, we won’t invest in oil, gas or coal companies. We will invest in renewable energy companies Infigen and Contact Energy, which generate a small portion of their revenue from gas. We invest in plant-based protein and nutrition rather than higher emissions animal agriculture.
We measure and report our climate performance. The carbon intensity of our share investments is 75% lower than the market benchmark. Our share investment in renewable power generation is proportionately five times that of the global share market.