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Soros Fund Management LLC (SFM) is the principal asset manager for the Open Society Foundations (Open Society) – the world’s largest private funders of independent groups working for justice, democratic governance, and human rights.
CLIMATE ACTION STRATEGY OVERVIEW. We are aligning our investment portfolio with an aggressive pathway to achieve net zero carbon emissions before 2040. We will achieve a net zero emissions portfolio by: Reducing the carbon intensity per dollar invested by at least 25% by 2025 and 60% by 20301.
In August 2020, SFM committed to transition to a net zero greenhouse gas emissions portfolio as rapidly as possible, and no later than 2040. We will achieve a net zero emissions portfolio by: Reducing the carbon intensity per dollar invested by at least 25% by 2025 and 60% by 2030.
In order to ensure our actions are driving real economy impact, we have created two climate-results driven programs that target the largest shortcomings in the available data and aim to incentivize behavior that fosters the low carbon transition.
When we launched our climate action strategy in 2020, our priority was measuring and reducing our financed emissions. This remains our top priority today. At the same time, we see the value in methodically taking stock of SFM’s scope 1, scope 2, and operational (non-financed) scope 3 emissions.
Soros Fund Management LLC is the principal asset manager for the Open Society Foundations
Soros Fund Management LLC is the principal asset manager for the Open Society Foundations
Soros Fund Management LLC is the principal asset manager for the Open Society Foundations
Title: 1239-SFM_ProgressReport2022_V8_BH Created Date: 5/30/2023 11:39:59 AM
Soros Fund Management LLC is the principal asset manager for the Open Society Foundations
