Committed to positive impact

Since the UK parliament declared a climate emergency in 2019 and passed laws to end its contribution to global warming by 2050, it’s been clear major change is coming in the way we look at climate change across the whole economy.

As the Barnett Waddingham TCFD report lays out, we have made our own net zero commitment and set ourselves a number of sustainability goals as a business. We elevated sustainability as an organisational priority in response to the systemic risks of climate change, biodiversity destruction and inequality.

  Download the latest BW TCFD Report

"As with everything we do, our promise to do the right thing is at the heart of our net zero carbon pledge and our wider sustainability strategy. For BW, sustainability is about focussing on meeting the needs of the present, without compromising future generations."
Andrew Vaughan Senior Partner, Barnett Waddingham

TCFD report highlights

Building back better

Working towards a sustainable future in a post-lockdown world

Our ambition

Implementing a focused approach to achieving our goals

Net Zero

Achieving significant reductions in our carbon footprint

Climate change risks

Considering implications of complex and interconnecting system-wide risks

Further information in the TCFD report includes details of our collaboration and engagement with others to drive sustainable initiatives across our industry, as well as the practical actions we have taken, such as tree planting and solar panel installations.

It describes how our Sustainability Steering Group is tasked with identifying and mitigating sustainability risks, and how we consider climate change by using our firm’s four-stage risk management process – Identification, Assessment, Treatment, and Monitoring.

Metrics and targets are also featured and include our targets for carbon emissions in 2021, 2023 and 2025. The table of emissions shows our GHG emissions for the period 1 June 2020 to 31 May 2021 (UK and offshore).

Please contact Scott Eason or Amanda Latham if you would like to discuss
any of the above topics in more detail.

Download the latest BW TCFD Report

More on sustainable investment

Our sustainability journey

We’re on our own journey towards a sustainable future at BW. Discover more about our five pillars of sustainability and how we're supporting our clients.

Learn more

Stay up to date

Get the latest independent commentary and exclusive insights from a range of experts at the forefront of pensions, investment, insurance and risk – tailored to your preference.

Subscribe today