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Supporting the transition to becoming a net zero society will require an economy-wide transformation. Over the coming years, we will rely on each other and will need to work together to achieve collective and individual net zero goals. We are playing an active role in driving forward progressive market and policy changes. We are calling for action, bringing together stakeholders and engaging and collaborating with others along the way.
We use our thought leadership to inform our engagement with Government and regulators. Over the last year we have engaged with a range of stakeholders on a variety of topics from advocating for supportive policies for delivering net zero to reforming pensions regulation.
Engaging with our customers
We engage with our customers to ensure that we are providing them with the products and services that meet their needs.
Listening to our customers and responding to their needs
We ask customers how they feel about sustainability in its wider sense and when it comes to their pensions and savings. By tracking customers’ changing views, we can develop investment solutions and communications to support their needs.
Customers’ priorities are clear
Customers’ top priorities remain growing their money and managing risk – but alongside those they want to avoid harm and influence positive change where possible. That’s according to Standard Life’s Responsible Investing tracking survey, now in its fourth year.
We believe we will be on track to achieve our 2025 interim targets for listed equity and credit assets, and our own operations under most scenarios if we implement the actions to which we have committed.
Our ability to meet our 2030 interim targets is less certain. It is likely we will need to take further action and that we will become increasingly dependent on decarbonisation in the wider economy and the actions of others, notably governments, regulators and companies in high-emitting sectors.
In particular our progress will be dependent on clear government strategy and supportive policies and regulation to enable investment at scale in new climate solutions and accelerate change in high-emitting sectors.
We continue to build, refine and share our net zero plans, considering the evolving landscape and the latest guidance. While the journey ahead is by no means a straightforward one, we are taking action now and helping to create a more sustainable future..
