Riccardo Liguori The global investment manager announced it achieved its goal of 100% renewable electricity sourcing for its global operations in 2024, reaching the target one year ahead of the 2025 deadline. This milestone, verified by RE100, covers approximately 80% of operational emissions and is part of a broader climate strategy that includes emissions reduction targets and net-zero by 2050.
Schroders, one of the world’s leading investment management firms, has announced it achieved the milestone of 100% renewable electricity across all its operations in 2024, reaching its goal one year earlier than the 2025 target originally set. The achievement was verified by RE100, the global initiative that certifies companies’ exclusive use of electricity from renewable sources.
The result encompasses more than 70 owned and leased offices worldwide, representing approximately 80% of Schroders’ operational greenhouse gas emissions. Among the concrete actions taken by the company was the installation of 2,606 solar panels at its Horsham campus, capable of generating about 1.13 GWh annually and covering nearly a quarter of the site’s electricity needs. Additionally, 58 electric vehicle charging stations were installed, encouraging the adoption of hybrid and electric vehicles among employees.
Madeleine Cobb, Schroders’ global head of corporate sustainability, emphasized how this step is fundamental to reducing Scope 2 carbon emissions and contributing to the pathway toward net-zero emissions by 2050. “Achieving 100% renewable energy one year ahead of schedule demonstrates our company’s concrete commitment to decarbonization,” Cobb stated.
The project is part of a broader sustainability program that also includes reducing Scope 1 and 2 emissions by 46% and business travel by 50% by 2030, compared to 2019 levels, as well as establishing climate targets for suppliers.
At the same time, Schroders has launched its first global environmental charity partnership with Fauna & Flora, with an investment of £3 million ($3.9 million) over three years. The initiative supports five international nature conservation projects, including restoring wildlife corridors in Romania, protecting sea turtles in Nicaragua, and safeguarding chimpanzees in Uganda. The collaboration aims to generate measurable impact on habitats and biodiversity while raising awareness among company staff about conservation challenges.
