Awareness of the impacts of climate change has greatly increased in recent years, and more and more companies and investors have set targets for reducing carbon emissions and even for carbon neutrality. The Paris Agreement’s goal to limit global warming to 1.5 °C requires rapid emissions reductions. Investors can contribute to mitigating climate change by encouraging companies to engage in low-carbon business and by financing climate solutions.
Sitra will also develop its investment activities so that they support the achievement of the Paris Agreement goals. The purpose of Sitra’s climate strategy for investments is to mitigate climate change. The climate strategy is used for managing climate risks associated with investments and for trying to identify future profit opportunities.
As a signatory to the UN Principles for Responsible Investment (PRI), Sitra is committed in its climate reporting to complying with the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and its requirements.
Sitra’s climate strategy for investments defines the climate-related targets for Sitra’s investment portfolio and the measures for achieving these targets.
The climate strategy will be updated regularly, and the targets will be reassessed in accordance with the latest research data and potential changes in the investment environment.