Funds SA Climate Report 2023
We are pleased to share our inaugural Funds SA Climate Report detailing the development of our Climate Risk Response Plan, Phase 1.
Released in 2022, the Climate Risk Response Plan outlines the initial actions the organisation will take to achieve our goal of managing the long-term financial risks and opportunities of climate change, and the transition of our portfolio towards Net Zero emissions by 2050.
The report presents our progress against those actions, with most under way or implemented and now part of our investment approach, highlighting our work in response to climate risk in our investment portfolio.
Following the publication of the Climate Report, we identified an error in the calculation for determining our financed emissions in our listed asset classes. On 6 February 2024, we updated the table on page 21 of the Report linked below to correct this disclosure.