Two of Janus Henderson’s technology investment strategies have announced their commitment to the Net Zero Carbon 20 initiative.
The Janus Henderson Global Technology Leaders (GTL) and Sustainable Futures Technology (SFT) Strategies have committed that a minimum of 20% of their respective portfolios as of this year will be engaged with, will be, or will have targets to be, climate neutral (according to PAS 2060[1]) by 2030.
These strategies have electrification, smart cities and low carbon infrastructure, amongst others, as key investment themes, and decarbonisation is key in the fund’s overall pro-active engagement strategy.
In addition, the GTL and SFT strategies commit that 50%+ of their current portfolio holdings (by weight) have decarbonisation targets, increasing to 80% in 2025, leading to 100% by 2030, at the latest. The GTL and SFT investment team’s commitment to NZC20 also reflects a commitment to encourage companies to go further in their decarbonisation initiatives and set best-in-class examples.
Richard Clode (pictured), Technology Equities Portfolio Manager at Janus Henderson said: “Technology is the science of solving problems. Not only is the sector low carbon but it provides the innovation and exponential leaps to enable other industries to achieve their climate goals. There is a natural alignment between our technology strategies and NZC20. I would like to congratulate portfolio managers Alison Porter and Grahame Clark, along with sustainability analyst Kimberley Pavier, for their incredible efforts to get us to where we are today.”
Quintin Rayer, Head of Research and Ethical Investing at P1 Investment Management, said “I am delighted to see Janus Henderson’s Global Technology Leaders strategy is also able to show leadership on accelerating the low carbon transition with 2030 in mind. We need other established funds to demonstrate this sort of leadership. P1’s NZC targets are developed to be challenging but achievable for funds seeking to make a difference on climate – and to provide investors that use these funds with confidence that their money is being used ethically to promote a low-carbon transition”
[1] PAS 2060 is the internationally recognised specification for carbon neutrality from BSI (British Standards Institute) and builds on the existing PAS 2050 environmental standard. It sets out requirements for quantification, reduction and offsetting of greenhouse gas (GHG) emissions for organisations, products and events.
