Cazenove Capital unveils innovative carbon offsetting scheme

Cazenove Capital is today announcing that it has appointed a leading social enterprise, Ecologi, to offset the carbon footprint of its Charity Responsible Multi-Asset Fund. The carbon offset cost will be absorbed by Cazenove Capital and not passed on to investors, a testament to the company’s commitment to invest for a better future.

In a pioneering move, the Charity Responsible Multi-Asset Fund will combine a low-carbon investment approach with a commitment to offset the remaining carbon emissions from its equity investments in joining forces with Ecologi. The chosen environmental projects will be focused on the protection of biodiversity and reforestation around the world. Investors will see the direct impact of their assets with transparent reporting on the Fund's carbon footprint, the environmental projects supported and the number of trees planted.

Kate Rogers, Co-Head of Charities, Cazenove Capital, commented:

‘We are hugely excited about our collaboration with Ecologi. This gives our clients the confidence that their holdings will not only accelerate the energy transition through investment in green bonds, sustainable farming and renewable energy, but also support vital environmental projects.

“We are proud to have already protected native forests in Colombia, supported a reforestation project in Uruguay, and planted 5,000 tree seedlings in Nicaragua and Madagascar. This initiative further reinforces our steadfast commitment to investing for a better future for people and planet, as we further align our business with the 2015 Paris Agreement.”

“Available to charities of all sizes, our innovative Responsible Multi-Asset Fund has a carbon footprint of less than half of the global equity index and generates four times the social impact.”

This initiative follows Schroders' announcement of its commitment to carbon-neutral global operations from January 2020, with a number of measures designed to reduce the firm’s gross emissions as well as a carbon offsetting programme.

 

For further information, please contact:

Kat Kalinina, PR Manager +44 20 7658 2647 Ekaterina.kalinina@schroders.com


Note to Editors

About Wealth Management

As a long-established wealth manager with an absolute focus on preserving and growing our clients’ wealth, what matters most to our clients, matters most to us.

Private individuals, family offices, trusts, institutions and charities all rely on us to provide them with bespoke wealth management services. Skilled in investment management, wealth planning and banking services – we also offer discretionary fund management to external advisers and their clients, and we are the largest charity fund manager by assets under management in the UK.

For two centuries we have helped clients look forward to a successful future. With each client, we plan for the long term and invest the time to gain a detailed understanding of their unique circumstances, goals and ambitions. The majority of our clients, and many of our own people, work with us for years, decades and even generations. This creates relationships of unusual depth.

Our experience of navigating complex markets and adapting to change helps us balance risk and reward. The investment expertise we call upon as part of Schroders, a truly global asset manager, combined with our long-standing experience of advising clients, is what sets us apart.

Wealth Management office locations

Cazenove Capital: UK and Channel Islands. Schroders Wealth Management: Singapore, Hong Kong and Switzerland.

£65.7 billion assets under management globally across all Wealth Management offices (including Benchmark Capital) as at 30 June 2020.

Further information about Cazenove Capital can be found at www.cazenovecapital.com.

Issued by Cazenove Capital which is part of the Schroders Group and is a trading name of Schroder & Co. Limited. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

When investing, your capital is at risk.

The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested. Cazenove Capital is a trading name of Schroder & Co. Limited. Registered Office at 1 London Wall Place, London EC2Y 5AU. Registered 2280926 England. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For your security, communications may be taped or monitored.

Schroders plc

As a global investment manager, we manage investments actively and responsibly for a wide range of institutions and individuals, to help them meet their financial goals and prepare for the future. The world is forever changing, and with our clients at the centre of everything we do, we understand the need to continue to adapt and evolve our business in line with what matters most to our clients today, and in the future.

Our ongoing success is built on a history of experience and expertise, whereby we partner with our clients to construct innovative products and solutions across our five business areas consisting of Private Assets & Alternatives, Solutions, Mutual Funds, Institutional and Wealth Management and invest in a wide range of assets and geographies. By combining our commitment to active management and focus on sustainability, our strategic capabilities are designed to deliver positive outcomes for our clients.

We are responsible for £525.8 billion (€578.4 billion/$649.6 billion)* assets of our clients, managed locally by 42 investment teams worldwide. As a global business with over 5,000 talented staff across 35  locations, we are able to stay close to our clients and understand their needs. We have over 200 years of experience in investment and innovation and remain committed to creating a better future by investing responsibly for our clients.

Growing our Wealth Management business is a key strategic priority. We currently look after £65.7bn* for our Wealth Management clients worldwide.

Further information about Schroders can be found at www.schroders.com.

Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.

*as at 30 June 2020

 

The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested. Cazenove Capital is a trading name of Schroder & Co. Limited. Registered Office at 1 London Wall Place, London EC2Y 5AU. Registered 2280926 England. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For your security, communications may be taped or monitored.