GlobalData offers a comprehensive analysis of Fiera Capital, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on Fiera Capital‘s ESG performance. GlobalData’s company profile on Fiera Capital offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Fiera Capital has committed to minimizing its environmental footprint and achieving net zero greenhouse gas emissions by 2050 or sooner. Fiera Capital's latest filings mentioned the keywords 'Emissions' and 'Carbon' most number of times in relation to 'Net Zero'.
The company plans to disclose its scope 2 and 3 emissions, including energy consumption, business travel, landfill waste, and paper use. Fiera Capital aims to achieve a fair share of the 50% global reduction in CO2 emissions by 2030. The company has specific goals related to scope 1, scope 2, and scope 3 emissions, and it plans to expand measurement and targets to other classes as methodologies and data become more accessible.
Fiera Capital is committed to minimizing its environmental footprint and is currently working on measuring and assessing its corporate GHG emissions in all its locations in the coming years. The company has already taken steps to achieve its net-zero targets and scope 1, scope 2, and scope 3 emissions targets. It has been collecting portfolio emissions data since 2019 and seeks to continually improve data completeness and accuracy. Fiera Capital has also joined the Net Zero Asset Managers initiative, which brings together an international group of asset managers committed to playing a more active role in battling climate change.
Fiera Capital's greenhouse gas emissions in 2021 were 82,659 tCO2e, with a 1.98% decrease in 2020. It reported Sope 1, Scope 2 and Scope 3 emissions at 7,824 tCO2e, 5,748 tCO2e and 69,088 tCO2e respectively. The company has specific goals related to scope 1, scope 2, and scope 3 emissions, and it plans to achieve a 70% reduction in absolute financed emissions in real estate by 2030 compared to a 2019 baseline. Additionally, Fiera Capital is also striving to ensure that 70% of its financed emissions are either net-zero, aligned with net-zero, or subject to direct or collective engagement by 2025.
In Conclusion, Fiera Capital uses various climate-related metrics to help its clients understand the potential risks and opportunities associated with their investment portfolios. These metrics include weighted average carbon intensity, carbon footprint, percentage of portfolio companies with approved science-based targets, climate-related engagement and proxy voting records, and carbon metrics and attribution reports. The company is also creating new products that support a transition to the low-carbon economy and investing in companies that contribute to solutions towards climate change.