Low-carbon transition
Focus
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Priorities
- Advising our clients in navigating, retaining and realising value from the low carbon transition
- Identifying transition-related investment opportunities for our clients and investors
- Using our influence to promote transition-related technologies
- Managing inherent climate-related investment risks and impacts
- Decarbonising our own footprint
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Targets
Operations
- 42% reduction of absolute Scope 1&2 GHG emissions between 2023 and 2030
- 35% reduction of Scope 3 travel-related GHG emissions per FTE between 2023 and 2030
Five Arrows
- 39% of eligible private equity portfolio by invested value with SBTi-validated targets by end of 2029 (100% by 2040)
Asset Management
- 75% of directly managed open-ended funds’ assets invested in companies with objectives aligned with a 1.5°C scenario by 2030
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Key 2024 Figures
Operations
- 43% decrease of Scope 1 and 2 emissions from 2023 base year
- 6% decrease of operational Scope 3 travel-related emissions per FTE from 2023 base year
Global AdvisorY
- One of the leading advisors on sustainability-related mergers and acquisitions, by number of transactions
Business model integration
From our operational impact, to the products and services we offer, to the clients and supply chain partners we engage with, we are aiming to integrate these priorities across the most relevant activities.
Decarbonising our own footprint
As a Group, we are committed to taking responsibility for the most important environmental impacts that are in our direct control and to taking concrete measures to reduce them. In 2024, we updated the 2030 Group decarbonisation targets for the GHG emissions related to our energy consumption (Scope 1&2) and to our business travel activities (Scope 3, Category 6). These new targets were designed in collaboration with each business line, and we continue to work with internal and external experts on examining different decarbonisation levers and their carbon abatement potential, as the basis for prioritising emissions reduction interventions - to be in a position to achieve our 2030 targets.
Progress and commitment to external initiatives
Group Sustainability Statement 2024
More detailed information about the Group's strategy, performance and targets with regards to sustainability-related impacts, risks and opportunities.
Signatory to the UN Global Compact
Since 2021, Rothschild & Co has been committed to the UN Global Compact corporate responsibility initiative and its principles in the areas of human rights, labour, the environment and anti-corruption.
CDP climate disclosure
Rothschild & Co has reported to CDP's climate change questionnaire since 2018. In 2024, the Group achieved a "B" rating.
Initiative Climat International
Five Arrows Managers SAS is a signatory since 2018.
Signatories to the UN PRI
All relevant investing business lines are signatories (Wealth and Asset Management, Five Arrows).
France Invest
Rothschild Martin Maurel SCS and Five Arrows Managers SAS are signatories since 2020.
Climate Action 100+
Rothschild & Co Asset Management is a signatory since 2019.
Net Zero Asset Managers initiative
Asset Management is committed to the Net Zero Asset Managers initiative for all its open-ended direct investment funds. As such, it is committed to supporting (i) the Net Zero objective of limiting global warming to 1.5°C by 2050, and (ii) investments aligned with the Net Zero objective.
Carbon removal partnerships
Rothschild & Co’s ambition is to continue its efforts to reduce its operational GHG emissions as far as possible, and to effectively remove an equivalent amount of CO2 for all residual, unavoidable operational GHG emissions by 2030 with the help of high-quality long-term carbon removal solutions. To support these commitments, Rothschild & Co has signed several multi-year carbon-credit purchase agreements with companies that are developing innovative, impactful and scalable carbon removal solutions.
NetZero
NetZero is a leading French start-up aiming to deploy large-scale biochar production in tropical areas to remove atmospheric carbon for hundreds of years.
CarbonCure
CarbonCure is a Canadian company that offers solutions that reduce and remove CO2 from the atmosphere through mineralisation in concrete.
Carbo Culture
Carbo Culture is a Finnish-Californian climate technology company with a scalable approach to carbon removal.
Capture6
Capture6 is based in California and New Zealand. Their processes use wastewater brine to capture CO2 from the atmosphere, while producing fresh water for local communities.