KGAL commits to being climate-neutral asset manager by 2021

As part of a new climate strategy, one of the leading German asset managers is also targeting net zero emission portfolio by 2050

German investment manager KGAL has committed to becoming a climate-neutral company by the beginning of 2021 by offsetting all greenhouse gas emissions connected to its operations. Emissions calculated per employee will be reduced by 5% annually during the next 10 years. It has also pledged to have a net zero emission investment portfolio by 2050. The targets are set out in the company’s newly announced climate strategy.

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