Highlights:
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PSP Investments launches inaugural Climate Technique with improved ambition to guideline emissions reduction across its investment portfolio and to add towards international net-zero emissions.
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Commitments include things like applying cash and affect to assist the transition to worldwide web-zero emissions by 2050.
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PSP Investments anticipates cutting down portfolio GHG emissions intensity by 20-25% by 2026 (relative to a September 2021 baseline).
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PSP Investments also releases its bespoke Environmentally friendly Asset Taxonomy, a classification process that assesses the firm’s exposure to local climate relevant investments across its portfolio and allows evaluate and take care of its publicity to eco-friendly property,