Robeco Introduces New Carbon Offset Share Classes

International fund manager Robeco has launched its first Carbon Offset Share Classes. By investing in these share classes, Robeco says it enables clients to continue their decarbonising efforts in line with the Paris Agreement and beyond.

When clients choose carbon offset share classes, a part of their investment is used to purchase carbon credits. With their existing financed emissions (scope 1 and 2), Robeco offers clients an equivalent of carbon credits, which they can use to contribute to sustainable projects.

Through these carbon offset share classes, Robeco’s clients can then contribute to projects that actively combat climate change beyond just reducing emissions in their own investment portfolio.

This new structure will help finance climate projects that benefit local communities and contribute to inclusive economic growth.

For example, in Bangladesh, a project backed by Robeco is focused on repairing leaking gas infrastructure with the purchase and import of specialised leak detectors. Local people are being trained on how to check for and fix gas leaks to cut emissions.

To ensure the quality of the credits offered to clients, Robeco said it has set high standards to screen partners and their projects. The credits are sourced only from reputable partners who perform rigorous due diligence on any project they offer.

Secondly, Robeco says it applies a quality framework to the projects and performs due diligence themselves. Thirdly, Robeco makes use of a specialised rating agency that performs independent third-party quality assessments of carbon projects.