Asper Investment Management signed the 2021 Global Investor Statement to Governments on the Climate Crisis. Together, we call on governments to raise their climate ambitions and implement robust policies to address the climate crisis ahead of United Nations Climate Change Conference (COP26). It’s time for governments to enact the policies needed to unlock trillions for climate solutions.

Why is this important?
Climate change is affecting every country, every continent, and every citizen. To limit global temperature rise to no more than 1.5-degrees Celsius above pre-industrial levels and to achieve the goals of the Paris Agreement, it is necessary to significantly increase the level of new investment in renewable energy technologies and energy efficiency, and to reduce investments in high-emitting sectors and activities, including the extraction and use of fossil fuels.

With the COP26 around the corner in Glasgow, it is important to step up climate action and make 1.5°C pathway possible. Therefore, Asper Investment Management joined the coalition and signed the 2021 Global Investor Statement to Governments on the Climate Crisis. Together with hundreds of investors, we call on governments to raise their climate ambitions in order to halt climate change. The focus of this policy advocacy includes efforts to limit temperature rise to no more than 1.5-degrees Celsius, with significantly stronger 2030 nationally determined contributions (NDCs), credible commitments to net-zero greenhouse gas emissions by mid-century, and the development of just transition plans for affected workers and communities. It also calls on governments to avoid public investment in new carbon-intensive infrastructure in their COVID-19 economic recovery plans.

Climate action at Asper
It’s time to accelerate climate action and commit ourselves to net-zero and a transition towards a low-carbon economy. Asper, whose mission is to ‘build the New’, is focused on investments in the new power system, urban energy networks and other sustainable infrastructure. Through our large-scale real asset businesses which we built from bottom-up, called platforms, we have already mobilized more than €1,4bn of investment in new-build sustainable energy projects and have avoided 17,125 Kt CO2 emissions so far, by substituting fossil fuels with the production of clean energy. And we will continue increasing that figure significantly to halt climate change. At Asper, we are upgrading our CO2 emissions reporting framework to also include scope 3 emissions on firm and fund level, to further develop reductions roadmaps with our platforms and suppliers, and to become net zero by 2030. We are committed to set science-based targets that are consistent with achieving global net-zero emissions by 2050 or sooner.

For more information on The Investor Agenda, click here.

For more information on Asper’s Sustainability efforts in our latest Sustainability Report, click here.