Rest's objective to achieve a net zero carbon footprint by 2050
Rest has a long-term objective to achieve a net zero carbon footprint for the fund by 2050. This is consistent with the goals of the United Nations Paris Agreement. The Paris Agreement seeks to keep global temperature rise this century to well below two degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.
Rest’s net zero by 2050 objective is an important next step in our approach to managing environmental social and governance (ESG) factors in our investment process, and consistent with long term investment performance and member expectations.