“We operate long-term assets and businesses across the globe. This approach dictates both our investment strategy and our commitment to environmental, social and governance (ESG) practices. We believe that value creation and sustainable development are complementary goals.
Throughout our operations, we are committed to practices that have a positive impact on the communities in which we operate.”
We support the goal of net zero greenhouse gas (‘GHG’) emissions by 2050.
We recognize that further renewable power capacity must be rapidly scaled up to replace fossil fuel generation and meet expanding global electricity demand so that the world can eliminate the over 70% of global emissions that come from final energy consumption.
TFCC intends to build on this leading position in renewable power and do much more to contribute to the transition to
In addition to continuing to make major investments in renewable energy globally, we will manage our investments to be consistent with the transition to a net zero economy. We have made a commitment to investing aligned with net zero emissions by 2050 and implementation of science based approaches and standardized methodologies through which to deliver these commitments.
We will catalyze companies onto Net-Zero pathways through our new Global Transition investment strategy, focusing specifically on investments that will accelerate the transition to a net zero carbon economy.
We will work with leading private sector initiatives to advance the role of finance in supporting the economy-wide transition, to accelerate capital flows and to promote widespread adoption of decision-useful methodologies to support credible transition planning, analysis and investing.
We will continue to pursue industry-leading returns for our investors, while building the backbone of a more sustainable global economy.