Sustainable Development Capital SDCL is to join the GFANZ Net Zero Asset Managers (NZAM) initiative.
SDCL’s CEO, Jonathan Maxwell, says: “COP26 and GFANZ are illustrating an inspiring and tangible commitment by business and finance to accelerate investment at scale in a lower carbon economy and sustainable infrastructure solutions such as clean energy and energy efficiency. Increasingly, these investments are not only more environmentally and socially sustainable but actually improve cost efficiency, productivity and resilience. GFANZ and the commitments it represents here at COP26 is certainly grounds for optimism.
“We also welcome new Treasury requirements for firms in the UK to publish plans for decarbonising through 2050. We will be working hard to help UK companies to decarbonise and apply energy efficiency measures to help achieve their goals.”