Strategic Report | Governance | Financial Statements | 43
Focus Areas
Frequency
Chair/OWNER
12. JRML Board
Oversight of approach to reduce the emissions associated with LTMs support net zero commitments. Oversight and review of climate risks impacting the residential property portfolio. Reviews the assets invested in green and sustainable bonds and the pipeline for future investment opportunities, and approves allocations. Oversight of the implementation of various sustainability initiatives across the Group and recommends items to the GEC and other committees as appropriate. Monitors the status of various sustainability initiatives and reports into the Sustainability Steering Committee.
Quarterly
Michelle Cracknell
Annual
13. Green and
Quarterly
Alex Duncan
Sustainability Bond Forum
14. Sustainability
Monthly
Alex Duncan
Steering Committee
15. Sustainability Working Group
Bi-weekly
Rowena Dailey
Risks and Opportunities SUMMARY OF KEY OPPORTUNITIES The opportunities to Just are emerging as we develop our Sustainability Strategy and undertake further work to assess our business with a sustainability lens.
Our pillars
Opportunity
Link to Just’s strategic objective
Group: The increased opportunity to influence and support the transition to net zero by engaging with asset owners, managers, suppliers, policy makers and other market initiatives. This will support a market-wide transition which aligns with broader net zero commitments.
Get closer to our customers and partners
MAKING A POSITIVE IMPACT
Investments: Emerging technology and innovation are seen as potential investment opportunities. New products available via external asset managers, which focus more specifically on climate and sustainability objectives, represent an opportunity to provide diversification across our investment portfolio. Defined Benefit: There are opportunities to support a diversified client base of scheme trustees in achieving their responsible investment and climate change goals. Lifetime Mortgage: There is an opportunity to provide more support to our customers with the need increased due to continued higher energy costs. This will lead to an improvement of the EPC rating of our property portfolio, if successful. Retail: New products are emerging in the market that focus on responsible investment themes such as climate change. We are considering how best to further enhance our approach.
Grow through innovation
Get closer to our customers and partners
LEAVING A RESPONSIBLE FOOTPRINT
Get closer to our customers and partners
Get closer to our customers and partners
CREATING A FAIR WORLD
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