Actis publishes first TCFD report

Sustainable infrastructure investor, Actis, has published its first Task Force on Climate-related Financial Disclosures Report.

The report sets out the Actis approach to managing climate risks and opportunities including how climate change is factored into governance, strategy, risk management and metrics. It also describes how Actis incorporates climate change analysis into its investments including due diligence and portfolio management using their Transition Tool to support investment decisions. The firm has worked with AXA Climate to undertake a scenario analysis of its portfolio, comprising 225 asset locations and 10 infrastructure sectors, against three global warming scenarios.

Actis has committed to net zero by 2050, with a 1.5°C-aligned pathway, and also set interim targets, including for 60% of AUM to be aligning with net zero by 2030 and 50% of AUM to be invested in climate solutions by 2030.

Shami Nissan, Partner and Head of Sustainability at Actis, said, “Over the last year, we have undertaken our most in-depth analysis of climate change risks and opportunities, covering hundreds of asset locations. This is very valuable input for us as a firm, but also to our portfolio companies. The analysis supports value preservation via resilience and adaptation measures, helping to future-proof our businesses. It is also critical input to our overall approach on climate change and we are pleased to share our thinking in our inaugural TCFD report.”

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