FIGHTING CLIMATE CHANGE
We believe tackling climate change is one of the most important challenges the world faces.
This is reflected in how we invest your money.
a lower carbon economy
We seek to invest in a range of funds or companies that contribute to a lower-carbon economy.
ASSESSING EVERY INVESTMENT
Before we invest, we assess a number of ESG factors. Climate change is top of the list.
adopting best practice
Our approach is based on internationally recognised principles from respected global bodies such as the Principles for Responsible Investment.
a lower carbon economy
We seek to invest in a range of funds or companies that contribute to a lower-carbon economy.
assessing every investment
Before we invest, we assess a number of ESG factors. Climate change is top of the list.
adopting best practice
Our approach is based on internationally recognised principles from respected global bodies such as the Principles for Responsible Investment.
NET ZERO INVESTMENTS BY 2050
Coutts has committed to achieving net zero emissions across all investments by 2050 at the latest.
CUTTING OUR CARBON FOOTPRINT
We’ve set targets to reduce the total amount of carbon emitted by the investments within our managed funds and core discretionary portfolios:
By the end of 2030 we aim to have a 50% reduction in carbon intensity on the equity and corporate bonds within our funds and core discretionary portfolios.
We measure carbon emissions as ‘carbon intensity’. This covers the amount of CO2 equivalents a company emits per million dollars of sales (currently by reference to direct emissions, scopes 1 and 2). By the end of 2021 we had reduced the carbon intensity of the equity holdings in our funds and core discretionary portfolios by 38% on average, compared to a baseline date of 31 December 2019.
Excluding HIGH-IMPACT FOSSIL FUELS FROM OUR DIRECT INVESTMENTS
Where we make direct investments, we will not invest in any company that:
- derives more than 5% of its revenue from thermal coal extraction or coal mining and exploration
- derives more than 25% of its revenue from thermal coal generation, including utilities that own or operate coal-fired power plants
- derives more than 5% of its revenue from involvement in tar sands – a mixture of clay, sand, water and bitumen that are mined and refined into oil
- derives more than 5% of its revenue from Arctic oil and gas exploration – this is evaluated based on whether a company holds at least one licence or permit for drilling or exploring the Arctic offshore region
- derives more than 5% of its revenue from unconventional oil and gas.
Engaging with funds and companies
We use our voting rights as shareholders and/or talk directly to the funds and companies in which we invest to help tackle climate change and limit global warming.
We do this in partnership with EOS at Federated Hermes, a leading responsible investing group that works with companies across the globe to effect positive change.
READ OUR STEWARDSHIP POLICY
You can read our Stewardship code under Voting & Engagement Policy on our Disclosures page.
Previous publications are included for your convenience here:
When investing, the value of your investments, and the income you receive from them, can go down as well as up and you may not get back as much as you invested.
Contact Us
Become a client
When you become a client of Coutts, you join a network of exceptional people. Get in touch online or call +44 (0)20 7753 1365 to find out more about our services.
Already a client?
Contact your private banker at any time or call +44 (0)20 7957 2424 for more information.
All calls with Coutts are recorded for training and monitoring purposes.
News & Insights
Coutts support investors’ call for Real Living Wage at Sainsbury’s
