What are we doing on investment and partnerships with fossil fuel companies?
We use our convening power to build and facilitate partnerships across the world that drive the transition to net-zero, working with industry, business, governments, our local communities and the wider public. We are using our influence through our investments, research partnerships, sponsorship and other interactions to drive decarbonisation, especially in the oil and gas sector.
We hold ourselves to account as much as the partners we work with. We will not invest in or work with energy companies who are not demonstrably working towards meeting the Paris Agreement targets, we will not accept funding from fossil fuel companies that is directed at propagating the existing extraction business. and we will use sanctions where necessary to ensure our engagement is strong and effective.
The new Imperial Zero Index, along with our Socially Responsible Investment Policy, will allow us to pursue an 'engagement for change' ethos with fossil fuel companies - only engaging where our research is strongly aligned to decarbonisation and if our partner demonstrates a credible strategic commitment to achieving net zero by 2050.
You can find our socially responsible investment policy and more about our approach to partnerships here and more about the new Imperial Zero Index here.