We are Carbon neutral! Ethical Partners Funds Management is pleased to share that we have just received our carbon neutral certification from Climate Active.
This means that we have a zero carbon footprint for our own operations.
We have reduced our internal carbon emissions as much as possible and have then invested in an offset program with Gold Standard called the Cambodia National Biodigester Program. This program provides a way for individual households with livestock to reduce their dependence on polluting firewood and expensive fossil fuels for cooking and lighting. The project also provides additional benefits with the bio-slurry providing a great means for fertilising and improving local agricultural production. As well as environmental benefits it also provides health, livelihood and employment improvements and addresses SDG’s 2,3,5,7,8 and 13. These offsets also have a special alignment with our Tatrai Giving Fund which is named after our first project, a school in a remote rural village in Cambodia. You can read more about our chosen offsets here: https://lnkd.in/gem5Cnzx
Through Climate Active we are also honoured to join a collective network of like-minded climate leaders who are taking credible climate action and making good decisions today for a brighter and more sustainable future tomorrow. You can read more about the Climate Active Network and the Climate Active Certification at www.climateactive.org.au
Ethical Partners have also recently set a Net Zero 2050 target for our Ethical Partners Australian Share Fund as we work towards addressing carbon emissions through our investments as well. More detail on this commitment is available on our website.
Ethical Partners are pleased to see Australia take the next steps to implement mandatory climate reporting with the release of draft climate standards, which we provided feedback on.
Ethical Partners have continuously called for the provision of high quality, comparable data on company’s climate governance and carbon metrics, which we believe is imperative for investors to fulfil the potential of responsible investment.
Ethical Partners have been proud to have been active supporters of the TNFD Forum over the past few years, and to provide regular feedback on the development of the official TNFD recommendations, which were launched in December, as well as to be active members of the RIAA Natural Capital Working Group.