GHG Emissions  -  March 9, 2022

Actis Sets 2050 Net Zero Goals

Actis, a global investor in sustainable infrastructure, has committed to aligning its portfolio to net zero by 2050.

The British company will continue to invest in critical infrastructure assets which catalyze systemic change and to a net zero pathway. In order to identify these assets and aid its investment decision-making process, Actis has developed a Transition Tool that has been used in every Actis investment. The tool identifies net zero aligned green asset investment opportunities as well as “Smart Olive” assets that have a clear path to decarbonization.

The company’s investments into renewable energy began two decades ago and its renewable power companies have developed 11 GW of renewable energy capacity, which equates to providing renewable energy to approximately 20 million people.

Actis has also become a signatory to the Net Zero Asset Managers Initiative, which supports the goal of net zero GHG gas emissions by 2050 or sooner. Actis has established its portfolio carbon footprint for 2021 and will continue to measure the Scope 1, 2, and 3 emissions for all its investments. It has also measured and offset its direct emissions since 2019.

“As the world calls for a decade of action, we are embarking on our third,” said Shami Nissan, Partner and Head of Sustainability of Actis said in a statement. “Actis has been investing behind the energy transition for many years, developing sustainable infrastructure and delivering clean power to millions of people. Our Net Zero target represents our continued commitment to being a core enabler of the global low carbon economy while still producing superior returns for our investors. We are finalizing ambitious 2030 interim emissions targets that we look forward to announcing within the next twelve months.”