Liontrust engagement and voting report 2021 - Flipbook - Page 10
1.5 Degree Transition Challenge
The Sustainable Investment team prioritises engaging with companies to
encourage them to adopt strategies that reduce absolute carbon emissions
at a rate consistent with limiting global warming to 1.5 degrees.
The team wants to ensure companies can change in a timely, just
and profitable way and have robust strategies and targets in place
to achieve this. The illustration below highlights the progress made.
Contacted
71
companies
overall
Met with
57
of these for detailed
discussions about
decarbonisation targets
Of these
33 companies are
responsible for 90%
of emissions
Source: Liontrust, September 2021
See more on the 1.5 Degree Transition Challenge on our website
at www.liontrust.co.uk.
1
3
committed to 1.5 or
2 degrees by 2030
This is
40%
of companies in which the SF
funds invest
2
3
are involved in the Science
Based Target Initiative (SBTi)
Outcomes
Compass Group has been part of the Sustainable Investment
team’s 1.5 Degree Transition Challenge. This year, Liontrust met
with Compass to discuss and learn more about the net zero targets
it announced for the UK business. As part of this engagement, the
team requested that the target be extended to cover the whole
10 - Liontrust: Engagement and Voting Report 2021
Group. The company responded quickly and a few months later
announced this extension. These ambitious targets support our
view that Compass Group remains a leader in how it manages its
Environmental, Social and Governance issues.