British International Investment (BII) has released a comprehensive guide to assist fund managers in setting and achieving net-zero greenhouse gas emissions targets. This initiative underscores the financial sector’s pivotal role in addressing climate change and aligns with global efforts to limit temperature increases to 1.5 degrees Celsius.
The guidance outlines a structured approach for fund managers to integrate climate considerations into their operations and investment strategies. It emphasises the importance of establishing clear governance frameworks, developing strategic plans to mitigate climate-related risks, and implementing robust risk management practices. Additionally, the guide provides methodologies for measuring and reporting emissions, facilitating transparency and accountability.
BII’s initiative aims to equip fund managers with the tools necessary to navigate the complexities of the transition to a low-carbon economy, ensuring both financial resilience and contribution to global climate objectives.
