Reporting Boundary: London & Edinburgh
Emission sources: Electricity, T&D losses, natural gas, water, waste, business travel, paper use, homeworking
Reporting Period: 01 Jan 2020 – 31 Dec 2020
We engage our employees and wider stakeholders to unlock their talent and knowledge to drive year on year progress in sustainability.
We recognise that transparent communication is essential for transformational change and we quantifiably contribute to 9 SDG’s.
Artemis Funds, a leading UK–based fund manager, offering a range of funds that invest in the UK, Europe, the USA and around the world, has achieved Planet Mark certification.
This is Artemis Funds’ second year of business carbon footprint reporting and Planet Mark certification. Since certifying to Planet Mark, the company has set a target to reduce emissions by 5% annually.
Artemis Funds’ total carbon footprint in the year ending December 2020 was 365.7 tCO2e, a reduction of 68%. Artemis Funds’ total carbon per employee in the year ending 2020 was 1.7 tCO2e, a reduction of 70%.
Artemis’ carbon reduction in the past year is the equivalent of preventing over 1,400,000 car miles from being driven.
“I am pleased with the progress Artemis has been able to make in such a trying year for business. Covid-19 was a time of tremendous difficulty, but also one of opportunity for business, and I am pleased that Artemis was able to take this time to cut its carbon footprint. The team is dedicated to responsible investment, and its longstanding policies on sustainability have paid dividends this year. Well done to everyone in the team.”
Artemis is part of a number of initiatives that promote its own Environmental, Social and Governance (ESG) priorities, as well as furthering the industry’s best practice. As well as a commitment to cutting carbon year-on-year, the fund manager has been a signatory of the UN-backed Principles for Responsible Investment since 2015, as well as holding memberships to the Investor Forum and Climate Action 100+, an initiative to ensure the largest greenhouse gas emitters take necessary action on climate change. Artemis is also supportive of SASB’s mission to report on financially focused ESG issues.
The finance industry must seize upon the opportunity offered by sustainable development. There is a growing call among boardrooms across the world to embrace the changes climate action presents. Sustainable practice and awareness can ensure the long-term resilience of funds and increase investor confidence in products that should be built for the modern world. A company that offers sustainable products must also then walk the walk, ensuring its own processes and supply chain are as future-proof and climate-resilient as the products it supplies.
As part of the Planet Mark certification, Artemis has committed to making a year-on-year reduction.