Sustainable infrastructure investor Actis announced today a new target to have its portfolio aligned to net zero by 2050, and outlined its strategy to invest in a combination of green assets, and those on a path to decarbonization.
Actis stated that it aims to continue its investments in critical infrastructure assets which help the world to align to a net zero pathway. To identify these assets, the infrastructure investor has developed its Transition Tool, which identifies net zero aligned “Green” investment opportunities as well as “Smart Olive” assets that have a clear path to decarbonization and which will be essential for an energy transition.
Today’s commitment follow’s an announcement last month by Actis that it had entered the first-ever impact loan to use both sustainable investment criteria and sustainability-linked debt cost incentives, in a $1.2 billion “hybrid” impact-linked revolving credit facility for its latest energy fund, Actis Energy 5, a $6 billion fund targeting investments in sustainable infrastructure projects that contribute to the UN Sustainable Development Goal (UNSDG) 7 – Affordable and Clean Energy.
Shami Nissan, Partner and Head of Sustainability, said:
“As the world calls for a decade of action, we are embarking on our third. Actis has been investing behind the energy transition for many years, developing sustainable infrastructure and delivering clean power to millions of people. Our Net Zero target represents our continued commitment to being a core enabler of the global low carbon economy while still producing superior returns for our investors. We are finalising ambitious 2030 interim emissions targets that we look forward to announcing within the next twelve months”.