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The global event COP26 is over, important commitments have been made, but our work continues. Let’s take a quick look at some of our highlights from the conference.
Finance Day and working towards even more sustainable financials
We were proud to take part in Finance Day recently, along with a number of industry leaders, as we all work together to raise awareness of the need to take action to build a sustainable future.
Listen to our CEO, and President of the Association of British Insurers (ABI), Barry O’Dwyer talk about how we aim to put sustainability and responsibility at the heart of our business.
Barry was also involved in Global Ethical Finance Initiative’s (GEFI) interactive events. Our research showed that you – our customers - are more interested than ever in the impact of your savings.
As you know, we’re a modern mutual on a mission. We hope you’ll be pleased to hear that we’ve already evolved our default investments. If you’re invested in our Governed Range (as lots of our pension customers are), you can feel assured your investments are helping to tackle climate change. We have a vision to help create a better future for all and have made these changes on behalf of our customers – with no cost involved.
Our future commitments
We’re already committed to achieving a minimum 50% reduction CO2 emissions by 2030, and net zero by 2050 across our investments. And we’re continuing to engage with our customers and colleagues to help them reduce their carbon emissions too. We’d like to hear what’s important to you. Why not join our Invested Generation Facebook group and tell us what you think.
How we’re engaging for change
As a responsible investor, Royal London Asset Management has worked closely with major companies in the energy sector to encourage them to publish their ‘Just Transition’ strategies. You can find out more about the companies we’ve welcomed and their strategies for a ‘Just Transition’ in our media centre.
We’re not done
Kaisie Rayer; our Royal London Climate Change lead, attended COP26. She made the important point that “we cannot look backwards as we rebuild… we must remake, reshape and reimagine a sustainable future and the finance sector has a critical role to play.”
We’re looking forward to lots more to come on the outcomes of COP26. In the meantime, we’re always keen to hear your views, so do join the conversation with our Invested Generation.