Rothesay reports 7% carbon reduction in investment portfolio

Written by Michael Griffiths

13/10/2022

Rothesay has reported a 7% reduction in the carbon intensity (CI) of its investment portfolio.

The specialist pensions insurer also reported that it invested £30.6bn in the UK economy in 2021.

Rothesay has revealed the figures in its second annual ESG report, which included details of the positive progress it has made against the carbon reduction commitments outlined in its ‘Pathway to Net Zero’ strategy.

Elsewhere in its report, Rothesay announced that it achieved a “certified carbon neutral” status for its operations, which also achieved net-zero status for the next 10 years through a partnership with “direct air capture” company, Climeworks.

Rothesay CEO, Tom Pearce, commented: “Embedding ESG principles across our business is a fundamental part of our commitment to providing our policyholders with security for the future.

“We are still at the early stages of our Pathway to Net Zero, but we are proud of the positive progress we’re making across all our strategic pillars. We remain committed to being as transparent as possible in our reporting, and to working across our industry to achieve our collective net zero ambitions.”

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