Cbus

In August 2020, Cbus released a new Climate Change Position Statement and a new Climate Change Roadmap: Beyond 2020.  In doing so we have set new commitments targeting an ambitious 45% reduction in absolute portfolio emissions by 2030 and a commitment to net zero greenhouse gas emissions by 2050.

Cbus is a large investor in the global economy and can help direct the pathway towards a net zero emissions economy. We can do this by planning for and managing the impacts of the climate transition and to realise investment opportunities to protect and enhance our members investments. Our actions also have a flow on benefit to society and the broader economy in which our members work and retire.

Our new two-year roadmap to 2022 will continue to see climate pathways developed across sectors and asset classes, acknowledging the economy will decarbonise at different rates. We will develop a stranded assets framework, building on the Low Carbon Transition Score we have applied to our quantitative strategies, enabling us to reduce exposure or remove high risk climate holdings from our portfolio.