Quilter, a UK-based wealth management company, has set a target to achieve net-zero emissions and has also set specific goals related to scope 1, scope 2, and scope 3 emissions. Scope 1 emissions result from a company's internal operations, while scope 2 emissions result from the emissions generated in the production of energy that is purchased by a company generated upstream from the organisation. Scope 3 emissions are the indirect greenhouse gas emissions attributable to operations that are owned or controlled by the company. Quilter's latest filings mentioned the keywords 'Emissions' and 'Greenhouse Gas' most number of times in relation to 'Net Zero'.

In 2022, the company's total Scope 1 emissions were 377 tons of CO2e, Scope 2 (market-based) emissions were 833 tons of CO2e, while its total Scope 3 emissions were 39,900 tons of CO2e. It has made significant progress in reducing its carbon emissions. In 2022, the company's scope 1 and scope 2 emissions were 46% lower than its 2020 baseline. The company has also set a target to reduce its scope 1 and scope 2 emissions by 80% by 2030, from a 2020 baseline. Quilter has taken steps to achieve its net-zero targets, including launching a new discretionary portfolio service strategy that excludes fossil fuels and launching the Climate Assets Growth Fund, supplementing its existing Climate Assets Balanced Fund, which invests on a sustainable thematic basis.

The company has also progressed the assessment of greenhouse gas emissions associated with aspects of its wider value chain and worked towards setting a target to increase the proportion of suppliers it works with that have committed to setting targets aligned with the Science Based Targets initiative. Quilter has monitored its emissions profile across its operations in line with the Greenhouse Gas Reporting Protocol.

In conclusion, In conclusion, Quilter, a UK-based wealth management company, is dedicated to achieving net-zero emissions. They have made significant progress in reducing scope 1 and scope 2 emissions and are actively pursuing sustainability initiatives, such as fossil fuel exclusion in investments and climate-focused funds. Quilter's commitment to environmental responsibility sets a positive example for the financial industry.

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