Following Chancellor of the Exchequer Rishi Sunak’s pledge today to support energy efficiency and green jobs, Carlota Garcia-Manas, senior responsible investment analyst at Royal London Asset Management, said:
“As a nation we have a great opportunity to create a more sustainable future and long-lasting economic recovery by helping people back into green jobs and building long-term, sustainable infrastructure and green buildings.
“This much needed support for green jobs and vulnerable households is welcome and will support companies in delivering a just transition* to a low carbon economy.
“For several years, RLAM has been actively engaging with companies we invest in about climate risk, decarbonisation and the just transition, so we welcome today’s announcement.”
Notes to Editors
• In May, RLAM called for action by companies and governments to #BuildBackBetter and use the recovery from COVID-19 to support the just transition to a low carbon economy.
* The just transition means making sure that action on climate change supports an inclusive economy, with a particular focus on workers and communities.
About Royal London Asset Management (RLAM):
Established in 1988, Royal London Asset Management (RLAM) is one of the UK's leading fund management companies, providing investment management solutions to both wholesale and institutional clients such as not-for-profit organisations, local authorities and the insurance sector.
RLAM manages £138.9 billion of assets and employs 104 investment professionals as at end March 2020. It invests in all major asset classes including UK and overseas equities, government bonds, investment grade and high yield corporate bonds, property and cash.
For professional clients only, not suitable for retail investors.
Issued by Royal London Asset Management Limited, registered in England and Wales number 2244297; authorised and regulated by the Financial Conduct Authority. Registered Office: 55 Gracechurch Street, London, EC3V 0RL.
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