Oct. Carbon Neutral Plan
becoming a popular addition
Lyndhurst Financial
Management client portfolios.
Lyndhurst Financial Management,
one of Hertfordshire’s leading
independent financial advice
companies, has announced that
it intends to be carbon neutral by
the end of 2022.
The plan includes both how the business will operate at net carbon zero and how it will provide investment solutions to its clients that reach the highest standard of Environmental, Social and Governance (ESG).
Geoff Newman, Director at Lyndhurst Financial Management says “We have been working hard to develop our business to do our bit in helping the UK meet its compliance with The Paris Agreement. With offices in Harpenden and Hitchin and over 30 staff drawn from around the area we realised that, while having everyone cycle to work would be a wonderful aspiration, in practice this would not work. Consequently, we have joined forces with a local carbon offsetting not for profit business, My Carbon Plan, to reduce each of our staff’s carbon footprint to net zero. We are also changing our energy suppliers to those that provide renewal energy and are making our offices plastic free spaces”.
“What is really exciting is that a range of risk rated sustainable investment solutions that will allow those clients who are concerned about climate change to reduce the carbon intensity of their portfolios through investment in market leading multi asset funds. The current Lyndhurst model portfolios, which we have developed over the last 8 years, already have an ESG rating of A, these newly launched model portfolios will shift that measure to AA.”
Lyndhurst Financial Management Ltd was founded in 1992 advises on over £450 million of client investments and is Authorised and Regulated by the Financial Conduct Authority www.lyndhurstfm.co.uk
“Past performance is not a guide to future performance. Do remember that the value of an investment and the income generated from them can fall as well as rise and is not guaranteed, therefore, you may not get back the amount originally invested and potentially risk total loss of capital.”
My Carbon Plan helps people measure, reduce and offset their carbon footprint, helping to reach a net-zero economy. It is the first not-for-profit dedicated to creating new and sustainable carbon offset schemes in the UK. My Carbon Plan uses donor funds to plant trees and biofuel crops on its own land, and by working with farmers and landowners. Accountability and transparency is delivered through an industry-leading partnership with the what3words mapping service, helping donors to identify the positive impact of their investment. My Carbon Plan is based in Hertfordshire, further details are available at www.mycarbonplan.org
