Royal London Asset Management Limited
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Net zero carbon emissions by 2050 (for many insurers)
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- In-house expertise limitations in managing climate risk.
- Data issues: low quality and availability of data on assets and liabilities.
- Modeling requirements: increasing expectations for climate-related scenario and stress testing.
- Reporting and risk management: lack of standardized climate-related metrics.
- Defining clear climate risk objectives.
Mitigation Strategies
- Collaboration with third-party providers for expertise.
- Improved data collection and quality.
- Development of internal climate risk models and use of third-party models.
- Adoption of TCFD recommendations for reporting.
- Development of robust quantification frameworks for assessing climate risk objectives.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Flooding, droughts, storms
Transition Risks
- Regulatory changes, market shifts
Opportunities
- Investment in renewable energy
Reporting Standards
Frameworks Used: TCFD
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed