menu
search
Skip to main content

Wellington credit total return fund

Credit total return

Wellington Global Quality Growth Fund

Global Quality Growth Fund

Over 95 years in active fixed income investing

Fixed income

Invest in Quality

Invest in Quality

2026 Outlook

Practical portfolio considerations for a new economic age

search

Toward carbon neutrality: Our approach to carbon offsets

Jim Bowers, Principal, Infrastructure Platform
12 min read
2025-12-31
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.
1140320004

The views expressed are those of the authors at the time of writing. Other teams may hold different views and make different investment decisions. The value of your investment may become worth more or less than at the time of original investment. While any third-party data used is considered reliable, its accuracy is not guaranteed. For professional, institutional, or accredited investors only.

Wellington has committed to being carbon neutral in our operations by the end of 2022. To achieve that goal, we are taking a multifaceted approach that includes:

  • Prioritizing direct reduction of our activities that generate greenhouse gas (GHG) emissions (Scopes 1, 2, and 3)1
  • Sourcing renewables for our purchased electricity needs (Scope 2)
  • Purchasing high-quality carbon offsets for our remaining emissions (primarily Scopes 1 and 3)

Since establishing a baseline carbon-footprint measurement from 2014 covering our Scopes 1, 2, and 3 emissions, we have continued to seek ways of reducing our carbon footprint. Going forward, we will work with existing technologies and methodologies to select high-quality offsets aligned with our broader sustainability goals. As available tools and technologies improve and become economical at scale, we expect to evolve our approach. We will actively support the development of the carbon offset market, incorporating The Oxford Principles for Net Zero Aligned Carbon Offsetting, including selecting high-quality offsets, modeling best practices, supporting transparency, and aligning with our clients and industry peers.

Prioritize direct emissions reductions

As a first step in decarbonizing our operations, we aim to reduce or eliminate as many sources of operational Scopes 1, 2, and 3 emissions as possible without compromising our capacity to serve our clients, deliver investment excellence, and support our global employees. These efforts include:

  • Reducing overall electricity usage
  • Enhancing recycling and composting
  • Traveling smarter and more purposefully
  • Replacing existing technology with energy-efficient alternatives
  • Minimizing paper consumption
  • Adhering to green building standards and infrastructure reliability

Source renewables for our purchased electricity needs

In addition to direct emissions reductions, we will cover a portion of our global electricity usage with renewables, with plans to expand this coverage. In a normal (non-COVID) year, purchased electricity accounts for approximately…

1Targeted reductions and offsets do not, at this time, include Scope 3 Category 15 emissions, or those associated with investments we make on behalf of clients. This category is the focus of our commitment to the Net Zero Asset Managers initiative (NZAMI).

Experts

Related insights

Showing of Insights Posts
Article
10 min
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.

Evaluating human capital management amid AI adoption: A guide for investors

Continue reading
event
10 min
Article
2026-09-04
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.
Article
7 min
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.

How stewardship can bring perspective amid uncertainty

Continue reading
event
7 min
Article
2026-05-31
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.
Report
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.

2023 Climate Report 

Continue reading
event
Report
2025-06-30
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.
Article
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.

Key drivers for investors in 2023 and beyond: sustainability, disruptive technology, and alternatives

Continue reading
event
Article
2023-09-30
Archived info
Archived pieces remain available on the site. Please consider the publish date while reading these older pieces.

RECOMMENDED FOR YOU