PLAN FOR NATURE
OUR BUSINESS OPERATIONS
Creating a more sustainable way of operating
LEADING BY EXAMPLE IN OUR BUSINESS OPERATIONS
For our private assets business, Schroders Capital, we must appropriately manage the local environmental impacts of the operation and maintenance of the physical assets we manage to ensure that they are successful for the long term. For example, biodiversity and ecosystems are managed in accordance with planning and environmental obligations, including preservation of habitats and mitigation of any potential negative impacts. Habitat management initiatives include hedgerow and tree planting, placement of bat and bird boxes, installation of beehives and managing and restoring peatland. Since 2019, we have been operating our business on a climate neutral basis and will continue to do so. Our current global offsetting project portfolio includes six projects, five of which (69% by volume) are nature-based solutions projects. These forest protection and reforestation projects protect and enhance biodiversity by reducing or removing emissions through nature conservation. Our Nature and Biodiversity Position Statement offers more detail on our investment and operational commitments and approach towards a nature positive future.
As a large corporate with a global footprint, we are aware of our own impact on nature. We are working towards reducing our environmental impact and also, where possible, enhancing the environments in which we operate. Our strategy is focused on reducing our environmental impact by cutting greenhouse gas emissions across our operations and engaging with our supply chain to do the same. We have set out our comprehensive path to net zero in our Climate Transition Action Plan. For example, through certifying our largest office sites to the ISO 14001 Environmental Management System standard, we can address site-level risks and set appropriate targets. This also extends to the partners we work with – our Supplier Code of Conduct requires suppliers to have environmental policies in place such as reducing greenhouse gas emissions, reducing the consumption of natural resources and effective waste management.
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