This certification is extremely important to us at Ethical Partners, as it reaffirms our commitment to doing our part, however small, in reducing our own carbon emissions. It also signifies our belief in the importance of us as investors, walking our own talk, and doing what we are advocating for our portfolio companies to do. And in being clear, transparent and accountable for how we do so.
Ethical Partners has also throughout the year implemented several more emissions reduction activities and set further interim targets for a minimum of 30% operational emissions reductions by 2030 and a Net Zero emissions 2050 target. We note that Ethical Partners Australian Share Fund also has a Net Zero 2050 target, and an interim target of a 50% reduction by 2030 for our investment portfolio.
As we actively strive to reduce our operational emissions however, our small residual footprint is being offset through Climate Active Approved gold standard Cambodia National Biodigester Program offsets which provides a way for individual households with livestock to reduce their dependence on polluting firewood and expensive fossil fuels for cooking and lighting. The project also provides additional benefits with the bio-slurry providing a great means for fertilising and improving local agricultural production. As such, as well as environmental benefits, it also provides health, livelihood and employment improvements and addresses SDG’s 2,3,5,7,8 and 13.
Importantly for Ethical Partners, these offsets also have a special alignment with our Tatrai Giving Fund, which is named after our first project, a school in a remote rural village in Cambodia.
Thanks to Ethical Partners' Georgina Murray for this work.
