Climate Disclosure Report 2020
Climate change poses an existential threat to the global economy and is a driving influence in responsible investment. New Forests1 has a fiduciary obligation to manage climate risks and opportunities across our forestry investment portfolio.
We aim to position our business and the investments we manage to benefit financially from these sector shifts. In 2020, New Forests committed to climate neutrality as a business – whereby we will be net neutral in our greenhouse gas (GHG) emissions as a business. We also introduced our Climate Action Plan, which raises ambition to pursue net carbon removals through our investment programs, including developing and pursuing a science-based target for our forestry investment portfolio.