Bluegem takes action on climate change

14th DECEMBER 2021

Bluegem achieved climate neutral company status in 2021 supported by leading global climate solutions provider South Pole.

Bluegem joined the Initiative Climat International, to contribute to the objectives of the Paris Agreement alongside other leading private equity companies.

Bluegem has achieved carbon neutral status for its scope 1,2,3 carbon emissions with the help of South Pole, the specialised Swiss consultancy.

Bluegem is a signatory to the UN PRI since 2016 and has since put sustainability at the heart of its operations. As part of its forward-looking approach to sustainability it is proud to have been granted the Climate Neutral Operations label this year.

The carbon neutrality certification is the first step on a journey to full decarbonisation which comprises Bluegem’s investments in a forest conservation project and a clean energy project.

Also, in 2021, Bluegem has been admitted to the Initiative Climat International, a global organisation sharing skills and experience to build towards a sustainable future through investment management and investment choices. The iCI is officially supported by the Principles for Responsible Investment.

The three commitments of the iCI are:

1. We recognise that climate change will have adverse effects on the global economy, which presents both risks and opportunities for investments.

2. We will join forces to contribute to the objective of the Paris Agreement, to limit global warming to well-below 2 degrees Celcius and in pursuit of 1.5 degrees Celcius.

3. We will actively engage with portfolio companies to reduce their greenhouse gas emissions, contributing to an overall improvement in sustainability performance.

For further information, please visit: Initiative Climat International (iCI) | PRI (unpri.org)