Our climate policy

Tattarang is committed to investing to address the critical challenge of climate change.

We believe we can use our capital and position to lead and accelerate a timely transition to a low-carbon and climate-resilient economy.

The science is clear that human-induced climate change is real. Tattarang accepts the scientific assessment of the Intergovernmental Panel on Climate Change (IPCC). In the same spirit, Tattarang supports:

  1. The UN Framework Convention on Climate Change, the ultimate objective of which is to stabilise atmospheric greenhouse gas concentrations at a level that would prevent dangerous anthropogenic (human induced) interference with the climate system.
  2. The Paris Agreement, through which most governments of the world have committed to action that limits global temperature rises to well below 2 degrees Celsius relative to pre-industrial levels, and to pursue efforts to limit the temperature increase to 1.5 degrees Celsius above pre-industrial levels.

Our portfolio is diverse and spans multiple sectors, hence we have adopted a principles-based approach to decarbonisation across our wholly owned portfolio companies:

  • To eliminate emissions, focused on energy efficiency and the phase out of fossil fuels
  • To act now, using available technologies without waiting for breakthroughs
  • To avoid using carbon offsets as a substitute for real action on decarbonisation

Collectively, we must act with all speed and determination to eliminate emissions. Climate change is already exacerbating environmental degradation and as a society, we must also adapt to protect human health and threatened ecosystems through environmental conservation measures.

If we do not act, we risk leaving enormous challenges, and terrestrial and marine ecosystem-wide destruction to the next generation.