Sustainability
Our path to Net Zero
We’re reducing emissions across our business and investments, guided by science and focused on impact.
A dual focus on emissions
We are committed to reaching net zero across both our operational footprint and financed emissions. Our strategy is grounded in scientific guidance and targets are verified by the Net Zero Asset Managers initiative (NZAM), with actions underway today to drive long-term change.
Our commitment to a science-aligned transition
In line with climate science, we have set near-term targets that reflect our responsibilities as a business and as a capital allocator. Following recent changes to Triple Point’s asset base, we will be conducting a review of our targets to ensure they remain appropriate and representative of our business for the longer term.
reduction target for operational emissions by 2035
reduction in carbon intensity per m² in social housing by 2035
target temperature score for corporate lending portfolio by 2028
portfolio alignment by 2050
target reduction in operational emissions by 2030
Our operational net zero plan
Progress against our operational near-term target has been driven by measures such as:
- Electric vehicle scheme for employees
- Office sustainability improvements (e.g. plastic reduction, recycled materials)
- Cycle commuter facilities
- Environmental management policy
We are working to cut gas use, improve travel data, and build employee engagement around our carbon goals.
Our emissions reporting follows the Greenhouse Gas Protocol.
Financed emissions targets
We are signatories to the Net Zero Asset Managers initiative. Our science-aligned targets cover 23% of our AUM, contributing to a global halving of emissions by 2030. Following recent changes to Triple Point’s asset base, we will be conducting a review of our targets to ensure they remain appropriate and representative of our business for the longer term.
| Asset class | Target | Target year |
|---|---|---|
| Social Housing | Reduce emissions by 75% per m2 | 2035 |
| Corporate Private lending | Implement the net zero target set by lending businesses, i.e. reduce portfolio Scop1 & 2 emissions temperature score by invested value from 2.9°C to 2.40°C. | 3038 |
These targets have been verified by the Net Zero Asset Managers (NZAM) Initiative.
coverage
Coverage, limitations and expanding our impact
In all our net zero ambitions we acknowledge our reliance on system change, political action, grid decarbonisation and pathway availability for the very varied types of assets we support.
Coverage
We’ve assessed 59% of our AUM (as of 2021) to have a viable path to net zero. At the time of setting our targets, the remaining 41% lacked sufficient data, science-based guidance, or influence to set targets.
SBTi alignment
We currently use SBTi-aligned methodologies to guide our approach and continue to review opportunities to expand coverage as new frameworks emerge. We have chosen not to seek SBTi certification at this time.
Data
We’re also enhancing our data tools and working closely with partners to align on emissions goals, improve disclosure, and develop credible long-term targets across more asset classes.
NZAM
Net Zero Asset Managers (NZAM) Initiative
Triple Point joined NZAM in December 2022 and made our Initial target Disclosure in April 2024.
The NZAM initiative is currently suspended while it reviews activities. During this time Triple Point will participate in their consultation before deciding on our own long-term position in relation to the initiative. We remain committed to our net-zero journey regardless of the outcome of this process.
RESOURCES
Looking for more?
Visit our Sustainability Resource Centre for detailed policies and reporting from across Triple Point.
