We have committed ourselves to meeting ambitious climate goals
PFA backs the goals specified in the Paris Agreement with respect to limiting carbon emissions and promoting the green transition that is necessary to create a more sustainable world. Via our participation in the international UN-founded investor network, Net-Zero Asset Owner Alliance (AOA), we are committed to being carbon neutral in our investment portfolio by 2050 at the latest. This way, we can ensure that our investments are compatible with the Paris Agreement’s scenario of limiting global temperature increases this century to 1.5 degrees Celsius.
For our customers with savings in market rate, we also offer the opportunity of investing the entirety or part of their pension savings in a product with even more ambitious goals for limiting carbon emissions. Alternative addendum: PFA Climate Plus is PFA’s market rate product for individual customers who want an increased focus on climate-friendly investments without compromising the return. Our ambition for PFA Climate Plus is for it to be a carbon neutral portfolio as early as 2025. Even by early 2020, the product’s shares emitted 60 per cent less carbon than the world equity index.
1PFA Climate Plus has a more limited asset portfolio than PFA Plus, which may result in both greater and smaller returns compared to PFA Plus.