Schroders

Schroders, a global investment firm managing over £750 billion in assets across 38 locations, sought to reduce its environmental impact and help clients meet sustainability goals. With a vast network of suppliers and clients, they needed a credible way to offset emissions from business travel, commuting, and homeworking, while ensuring transparency and integrity in their climate strategy. This is where Climate Impact Partners comes in. We partner with Schroders to enhance their efforts with high-impact carbon credits.

At a Glance

Hear from Madeleine Cobb, Global Head of Corporate Sustainability, Schroders as she explains how the firm works with Climate Impact Partners to support their climate strategy in our video below: 

The Ambition

Schroders, a global investment firm, was determined to minimize its environmental footprint while helping clients achieve their financial and sustainability goals.

The firm needed a trusted solution to offset emissions from areas like business travel, commuting, and homeworking, while also pushing forward with ambitious decarbonization initiatives. At the same time, Schroders was committed to maintaining the utmost transparency and integrity within its climate strategy.

The Action

Schroders works with Climate Impact Partners to enhance its climate strategy with high-impact carbon credits. This collaboration centres on:

• Carbon Credit Integration: Leveraging carbon credits to neutralize unavoidable emissions during the transition to net zero, while maintaining focus on absolute reductions through its Climate Transition Action Plan.
• Project Portfolio Development: Building a diverse portfolio of six high-integrity projects, including reforestation, forest conservation, and renewable energy, with 69% focused on nature-based solutions.
• Commitment to Quality: Relying on Climate Impact Partners’ thorough due diligence processes to ensure the highest integrity and credibility of carbon credits sourced.
• Employee and Stakeholder Engagement: Involving employees in project selection to foster global representation and publishing an annual Task Force on Climate-related Financial Disclosures (TCFD) aligned Climate Report to maintain transparency.
  

The Impact

Through this partnership, Schroders has made progress in enhancing its climate strategy:

• Operational Neutralization: Carbon credits now play a vital role in neutralizing emissions from its Scope 1, Scope 2 and operational Scope 3 emissions including, business travel, employee commuting, and homeworking, complementing its science-based decarbonization targets.
• Reassurance of Integrity: Climate Impact Partners’ rigorous verification and enhanced due diligence processes provided Schroders with confidence in the quality of its carbon credits.
• Leadership in Transparency: Schroders’ transparent reporting showcases its commitment to using carbon credits responsibly as part of its overall climate approach.

What Schroders Says

"We believe that, while reducing our operational emissions in absolute terms and transitioning to net zero, there is a role for purchasing high-integrity carbon credits. The voluntary carbon market directs finance to climate action projects, often providing additional benefits such as biodiversity protection, pollution prevention, public health improvements, and job creation. Climate Impact Partners’ expertise and rigorous due diligence give us the confidence that we are sourcing the highest integrity credits, which is essential to transparency and delivering on our sustainability commitments." Madeleine Cobb, Global Head of Corporate Sustainability, Schroders

Why It Matters

Schroders proves that net zero is about more than reductions—it’s about combining robust decarbonization with innovative solutions like high-integrity carbon credits.