Candriam to cut 50% emissions by 2030

According to the €150bn multi-asset manager, it has already reduced the carbon footprint of its sustainable funds by at least 30% on average, with a few its funds reaching further reductions targets. The firm's enhanced climate strategy, set to be published in early 2022, will move beyond integrating scope 1 and 2 emissions targets and include the integration of carbon performance to scope 3 emissions - those that are the result of activities from assets not owned or controlled by the manager. The firm has also become a signatory of the $57trn Net Zero Asset Managers Initiative, which...